Retail foreign exchange broker FXCM got a $300 million bailout on Friday after taking huge losses on the Swiss National Bank's (SNB) shock decision to drop its three-year-old peg of 1.20 Swiss francs per euro. Leucadia National invested $300 million cash in FXCM in exchange for $250 million in two-year senior secured notes with a 10% coupon. If FXCM is sold, Leucadia will get 75 percent of the proceeds. Those terms suggest that, at the most basic level, FXCM would have to be sold for $400 million for Leucadia to break even. At Thursday's close the business was worth $600 million. "Leucadia's support and this ... (full story)