Jefferies Tries to Rebuild Its Restructuring Group

Jefferies, the self proclaimed "largest investment bank left out there" today announced that it has hired 2 managing directors to replace the massive defections in its restructuring group, which for all intents and purposes, picked up and left to join Moelis & Co. The new additions are Hal Kennedy who was previously at Credit Suisse, and Leon Szlezinger who worked at Mesirow previously and was listed in Bankruptcy Insider as a top creditor advisor, and in Turnaround & Workouts' People to Watch 2007: Hot!