Leucadia National Corp was organized in 1968. The Company is a diversified holding company engaged in return on investment and long-term value creation to maximize shareholder value. Its financial services businesses include Jefferies (investment banking and capital markets), Leucadia Asset Management (asset management), Berkadia (commercial mortgage banking and servicing), FXCM (a publicly traded company providing online foreign exchange trading), HomeFed Corporation (HomeFed) (a publicly traded real estate company) and Foursight Capital and Chrome Capital (vehicle finance). It also owns and has investments in a diverse array of other businesses, including National Beef (beef processing), HRG Group (HRG) (a publicly traded diversified holding company), Vitesse Energy and Juneau Energy (oil and gas exploration and development), Garcadia (automobile dealerships), Linkem (fixed wireless broadband services in Italy), Conwed Plastics and Idaho Timber (manufacturing), and Golden Queen (a gold and silver mining project). The Company's three reportable segments are - Jefferies, National Beef, and Corporate and other. All other businesses and investments consist of its other financial services businesses and investments and other merchant banking businesses and investments. Its other financial services businesses and investments include the Leucadia asset management platform, specialty finance companies, the commercial mortgage banking investment, the investment in HomeFed and the investment in FXCM. Its other merchant banking businesses and investments include manufacturing, oil and gas exploration and development, real estate, and its investments in HRG, fixed wireless broadband services, automobile dealerships, and its gold and silver mining project. Jefferies is a full-service, integrated securities and investment banking firm. National Beef processes and markets fresh boxed beef, consumer-ready beef, beef by-products and wet blue leather for domestic and international markets. Jefferies equity research, sales and trading efforts are organized across three geographical regions - the Americas; Europe, the Middle East, and Africa; and Asia Pacific. Its product lines within the regions are cash equities, electronic trading, derivatives and convertibles. Jefferies clients are institutional market participants such as mutual funds, hedge funds, investment advisors, pension and profit sharing plans, and insurance companies.