Primary File
Part B
Part B

Jefferies Investment Bank: Responding with Transparency, (A) and (B)

Baumann, J, Canner, J., and O’Rourke, J. S. (Editor)
February 15, 2018
North America
Strategy & General Management
Student Price: 
Jefferies & Company, the most rapidly growing medium-sized investment bank, quickly became the focus of many ratings agencies upon the collapse of MF Global. While many of the ratings agencies found no need for concern, Egan-Jones concluded the contrary. The little known rating agency published a report downgrading Jefferies’s outlook, sending Jefferies’s stock plummeting downward with no end in sight. (A) 7 pp. (B) 8 pp. Case #12-06, (2012).