Jefferies Stock Rout Lops $249M From CEO's Stake

Nov. 23 (Bloomberg) -- The value of Jefferies Group Inc. Chief Executive Officer Richard Handler’s stake in the firm has plunged by $248.7 million this year, including $38.7 million in November alone after MF Global Holdings Ltd. collapsed. Handler, the biggest individual owner in Jefferies, focused this month on dispelling speculation that a liquidity crunch and losses on European debt will sink the firm. Stephanie Ruhle reports on Bloomberg Television's "InBusiness With Margaret Brennan." (Source: Bloomberg)