Tchir, Cohan Debate Jefferies Group Business Model

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Nov. 22 (Bloomberg) -- Peter Tchir, founder of TF Market Advisors, and William Cohan, author of "Money and Power: How Goldman Sachs Came to Rule the World" and a Bloomberg View columnist, talk about the outlook for Jefferies Group Inc. and the company's sovereign-debt exposure. Jefferies, the investment bank whose stock dropped in the wake of MF Global Holdings Ltd.’s bankruptcy, cut stakes in European debt again to fend off speculation about its financial strength. Tchir and Cohan speak with Erik Schatzker and Stephanie Ruhle on Bloomberg Television's "InsideTrack." (William Cohan is a Bloomberg View columnist. The opinions expressed are his own. Source: Bloomberg)


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