Scott Jacobson

Scott Jacobson is an Investment Strategist and proprietary equity trader
at Jefferies & Company, Inc., the principal operating subsidiary of
Jefferies Group, Inc. Mr. Jacobson, who joined Jefferies in January
1999, publishes commentary on the US markets. He also trades stocks,
options and other equity derivative instruments for the firm and its
clients. He uses proprietary models and systems to manage relative value
portfolios and long/short strategies, and structures and provides over-
the-counter equity derivatives for clients. Before joining Jefferies, he
was a senior proprietary equity trader for Cargill Financial Services
Corporation, the financial investing and trading arm of Cargill. Prior
to that position, he was a Vice President and fixed-income portfolio
manager at Piper Capital Management and, before that, a manager in the
mortgage- and asset-backed securities group for Deloitte & Touche. He
received an MBA from the University of Chicago Graduate School of
Business and a BS in Computer Science and a BBA in Accounting from the
University of North Dakota. He is a Chartered Financial Analyst, a
Certified Public Accountant and a member of AIMR and the AICPA.