Cohan Credits Jefferies CEO Handler for Saving Firm

Bill Cohan Interview Still

William Cohan, author of 'Money and Power: How Goldman Sachs Came to Rule the World' and a Bloomberg View columnist, talks about Jefferies Group decision to pay CEO Richard Handler $19m for fiscal 2012 and to approve $39m in restricted stock awards for the next three years.

Cohan speaks with Erik Schatzker and Stephanie Ruhle on Bloomberg Television's Market Makers.

Cohan is a Bloomberg View columnist. The opinions expressed are his own.

Source: Bloomberg