her taxes. “There’s no way to say how much multiple expansion you could get by converting,” said Gerald O’ Hara, who follows private equity firms for Jefferies Group. “That’s the question here that I think these firms are wrestling with.” Tax Complexity One of the main reasons the funds have stayed away from pri

t losses" on the Swiss franc move, and "generated negative equity balances owed to FXCM of approximately $225 million." And now it's in talks with Jefferies Group for a large cash infusion to fix the problem. FXCM is also distinguished by just an unbelievable sense of irony: FXCM Chief Executive Officer Drew

eral Manager The Collateral Manager, JCM, was formed under the laws of the State of Delaware on March 19, 2003. JCM is a wholly owned subsidiary of Jefferies Group. Inc.. a publicly traded holding company whose securities are traded on the NYSE. Jefferies Group. Inc.. together with its subsidiaries (collectivel

eral Manager The Collateral Manager, JCM, was formed under the laws of the State of Delaware on March 19, 2003. JCM is a wholly owned subsidiary of Jefferies Group. Inc.. a publicly traded holding company whose securities are traded on the NYSE. Jefferies Group. Inc.. together with its subsidiaries (collectivel