Jefferies Provides Letter From Its CEO And President Regarding Point Bonita Capital And First Brands Group
Oct 12 (Reuters) - Jefferies Financial Group Inc JEF.N:
JEFFERIES PROVIDES LETTER FROM ITS CEO AND PRESIDENT REGARDING POINT BONITA CAPITAL AND FIRST BRANDS GROUP
JEFFERIES FINANCIAL GROUP INC - ISSUES SURROUNDING FIRST BRANDS ARE RESULT OF DECISIONS AND ACTIONS AT FIRST BRANDS
JEFFERIES FINANCIAL GROUP INC - FIRST BRANDS SITUATION COULD CAUSE JEFFERIES FINANCIAL LOSS OVER TIME IN RESPECT OF OUR OWN INDIRECT INVESTMENTS
JEFFERIES FINANCIAL GROUP INC - BELIEVE THERE HAS BEEN AN IMPACT ON OUR EQUITY MARKET VALUE AND CREDIT PERCEPTION THAT IS MEANINGFULLY OVERDONE
JEFFERIES FINANCIAL - ANY LOSSES OR EXPENSES FROM THESE INVESTMENTS DO NOT THREATEN OUR FINANCIAL CONDITION OR BUSINESS MOMENTUM
JEFFERIES FINANCIAL - THERE WERE NO UNDISCLOSED FEES EARNED BY JEFFERIES ON FINANCING IT PROVIDED TO FIRST BRANDS THROUGH 'SIDE LETTER' BETWEEN COS
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