Jefferies (JEF) Linked Fund Faces Nearly $500M in Reported Radiant Exposure. Is the Parent Protected?

Jefferies Financial Group Inc. (NYSE:JEF) faces renewed scrutiny of its trade-finance business after Reuters, citing the Financial Times, reported on September 5 that LAM Trade Finance Group II had nearly $500 million of exposure to Radiant World, its founder, and another entity. The reported London freezing order covered up to $499 million. On September 7, […]

Raccontata dafinance.yahoo.com