Exhibit 23.2



                          INDEPENDENT AUDITORS' CONSENT



The Members
Jefferies Partners Opportunity Fund II, LLC.:

We consent to incorporation by reference in the registration  statements on Form
S-8  (No.  2-84303),  Form  S-8 and S-3  (No.  33-6054),  Form  S-8 and S-3 (No.
33-26434),  Form S-8 and S-3 (No. 33-30277),  Form S-8 (No. 33-61682),  Form S-8
(No. 33-61718) and Form S-8 (No. 333-51494) of Leucadia National  Corporation of
our  report  dated  January  24,  2002,  except as to Note 8 of the notes to the
financial  statements,  which  is as of  February  15,  2002,  relating  to  the
statement of financial condition of Jefferies Partners  Opportunity Fund II, LLC
as of  December  31,  2001 and 2000,  and the related  statements  of  earnings,
changes  in  members'  equity,  and cash  flows for the years then ended and the
period from May 20, 1999 (date of funding)  through  December  31,  1999,  which
report  appears in the December 31, 2001 Annual  Report on Form 10-K of Leucadia
National Corporation.





/s/ KPMG LLP




Los Angeles, California

March 5, 2002