Tuesday, May 15, 2012

Ina Drew ... $32 million payout. 
Photo: JPMorgan Chase & Co, via Bloombe



...Ina Drew, the executive who ran (click here) the department behind JP Morgan's $US2 billion trading loss, has left the bank and...

...will walk away with about $US32 million.


The 55-year-old chief investment officer oversaw the division that made bets that JP Morgan has warned could rack up a further $US1 billion in losses.
She will be replaced by Matt Zames, head of fixed income at JP Morgan's investment bank and a former proprietary trader....