Scandal: Jefferies' Sage Kelly Taking Leave of Absence

The transcript discusses a scandal involving Sage Kelly, a top banker at Jefferies, and his estranged wife. Allegations of drug use and misconduct have surfaced, causing Kelly to take a leave of absence. The scandal has escalated from a personal issue to a significant problem for Jefferies, affecting its reputation and business operations. The transcript explores the potential consequences for the company and the individuals involved, highlighting the challenges of maintaining business relationships amid such allegations.

What impact could the allegations have on the reputation of Jefferies?

What does Rich Handler's statement reveal about the company's stance on the allegations?