Jefferies Vows Immediate All-Cash Bonuses

Dec. 11 (Bloomberg) -- Jefferies Group Inc., the investment bank that agreed to sell itself to Leucadia National Corp., said it will pay year-end bonuses in immediately available cash, according to a memo to employees. Bloomberg's Stephanie Ruhle reports on Bloomberg Television's "Street Smart." (Source: Bloomberg)
Options Market Suggest China's Stock Rescue Doomed
47:01 - China's markets this week will have a tailwind from last week's interest rate cut and Beijing's decision to prop up stocks with a flurry of state buying. But some say the rally may be short lived. Bloomberg's Zeb Eckert reports on "First Up." (Source: Bloomberg)
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