Richard Handler

  • rich handler


    Bonus (Or Lack Thereof) Watch ’15: Jefferies Chairmen And CEOs

    Rich Handler and Brian Friedman have decided to go without this year.

    / Feb 4, 2015 at 3:48 PM
  • jefferies


    Jefferies Management Letting Clean Urine Samples Do The Talking

    As you may have heard, this week has been a tough one for Team Jefferies. Not only for Global Healthcare Head Sage Kelly– who took a voluntary leave of absence yesterday– but for other senior members of the bank, who’ve either been named in the complaint filed by Kelly’s soon-to-be ex-wife or simply felt embarrassment […]

    / Oct 31, 2014 at 4:00 PM
  • jefferies


    Get Ready To See A Lot More Instances Of Jefferies MDs Sidling Up To Analysts And Awkwardly Asking, “Soo…You From Around These Parts?”

    …per the instructions enclosed in a letter sent out by CEO Richard Handler and Chairman Brian Friedman. The short version: Treat junior level employees like they are humans and not life-sized pieces of garbage. The longer version:

    / Sep 8, 2014 at 4:13 PM
  • Banks

    Jefferies Gets Earnings Out Faster Than CEO Can Leap Out Of A Jacuzzi Filled With Ice Water

    Fresh off the greatest Ice Bucket Challenge of all time, Richard Handler threw his clothes back on and raced to the office to put the finishing touches on Jefferies’ third-quarter results, which he expects you’ll be suitably impressed by.

    / Sep 3, 2014 at 12:25 PM
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    Every Second Of Jefferies CEO’s Ice Bucket Challenge Is Better Than The Last

    Like all amazing movies, miniseries, other works of art, the clip of Richard Handler accepting and taking part in the ALS Ice Bucket Challenge is a slow burn to an amazing finish. Oh, to be sure, it starts out leaps and bounds ahead of any other videos of its kind: that is, in Handler’s penthouse […]

    / Aug 27, 2014 at 1:32 PM
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    Bonus Watch ’13: Jefferies

    Last year, a li’l investment bank that could called Jefferies paid out bonuses comprised entirely of cash. This proved pretty popular, so this year, CEO Dick Handler has decided to do it again.

    / Dec 20, 2013 at 3:23 PM
  • Richard Handler


    Richard Handler Is Sorry You Had to See This

    Jefferies Chief Executive Officer Richard Handler said he sued to stop construction of a roof deck across the street from his Tribeca apartment on behalf of his neighbors, according to an e-mail to employees. “I took the lead to help our neighborhood oppose what we know will be a major nuisance and disruption to our […]

    / Apr 2, 2013 at 3:24 PM
  • Richard Handler


    Moody’s Attempts To Ruin Dick Handler’s Good Time

    Until recently, being chief executive officer of Jefferies was an exercise in getting shit on. As the man in charge for the last 13 years, Richard Handler has had to put up with a lot of hurtful remarks that, while nothing to the person tossing them off, undoubtedly stung quite badly. “Third-tier bank.” Place “I wouldn’t let my maid’s kid work.” “Poor man’s Morgan Keegan.” So you can imagine that after a string of victories over the last several months that included getting involved in the slaughterhouse business and paying all-cash bonuses unlike some people, Handler and Co. would be feeling pretty good about themselves and that after announcing to the world they were getting paid more this year than their counterparts at big kid banks, they’d be feeling REALLY good about themselves. That payday, however, did not go over well when input into Moody’s proprietary just-make-it-up credit-rating model, and now Handler’s plan to gather everyone up to watch as the board shoots his compensation out of a tee-shirt gun in hundred dollar bills is completely ruined.

    / Feb 4, 2013 at 2:25 PM
  • I'm not sure if all the small banks are supposed to be clustered in one big green square. But there are like 20 of them.


    Big Banks Do Plenty Of Lending, Though Mostly With Other People’s Money

    I’m mesmerized by this JPMorgan research chart showing that big banks shouldn’t be broken up because they lend so much more to businesses and consumers than small banks do. See: Basically for every dollar of normalized capital, JPMorgan has extended $12 of credit between March 2010 and September 2012, according to this note by JPM’s […]

    / Jan 29, 2013 at 6:37 PM
  • Richard Handler


    Bonus Watch ’13: Jefferies CEOs

    Dick Handler ended up doing pretty okay for himself.

    / Jan 29, 2013 at 5:17 PM
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    Bonus Watch ’12: Jefferies Has Got Your Cold Hard Cash Right Here

    Back in the day, as in pre-crisis, bonus season on Wall Street was a happy time. Sure, you still had your miserable pricks who would bitch and moan about the fact that they hadn’t gotten as much as the guy who sat next to them, even they the guy who sat next to them was a “non-contributing zero who wouldn’t recognize alpha if it bit him in the ass,” but prior to to fall 2008, anyone who was unhappy about his or her bonus was a) quibbling over receiving a huge sum of money instead of an imperial fuck-ton of money and b) in a position to actually make good on a threat to jump ship, since firms were hiring. Now, with a few exceptions, bonus season makes people feel sad. Angry. Impotent. Like the world is out to get them. Not only has the total amount of one’s bonus come down, but many companies have decreased the cash portion, while increasing the deferral period on stock to, in some cases, almost half a decade. Then you have Jefferies. Last year it let employees decide between an all stock bonus or an all cash bonus with 25% lopped off.  This year the investment bank-cum-butcher shop isn’t even forcing anyone to choose, instead dumping a bag of cash on everyone’s desk and reminding them who loves ‘em.

    / Dec 11, 2012 at 5:52 PM


    Jefferies’ Investment Bank Will Fit In Nicely With Leucadia’s Casino And Slaughterhouse

    Leucadia National Corp., which EDGAR tells me is in the “Lumber & Wood Products (No Furniture)” business but which also processes beef, drills for oil, owns a Mississipi casino and develops biopharmaceuticals, is getting out of one business: Leucadia National Corporation (NYSE: LUK) and Jefferies Group, Inc. (NYSE: JEF) today announced that the Boards of […]

    / Nov 12, 2012 at 10:53 AM
  • News

    Bonus Watch ’11: Eleventh Year Jefferies CEOs

    Richard Handler has declared himself not worthy.

    / Dec 21, 2011 at 5:39 PM

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