Feinberg Calls Jefferies CEO Pay a `P.R. Disaster'

Jan. 29 (Bloomberg) -- Kenneth Feinberg, managing partner at Feinberg Rozen LLP and former U.S. s...  More »

Jan. 29 (Bloomberg) -- Kenneth Feinberg, managing partner at Feinberg Rozen LLP and former U.S. special master on executive compensation, discusses the decision by Jefferies Group Inc. to pay Chief Executive Officer Richard Handler $19 million for fiscal 2012 and to approve $39 million in restricted stock awards for the next three years. He speaks with Stephanie Ruhle and Erik Schatzker on Bloomberg Television's "Market Makers." (Source: Bloomberg)  « Less