Skip to comments.Vanity: Head of JPMorgan's Unit that has so far blown $2 billion is a woman
Posted on 05/11/2012 8:02:38 AM PDT by C19fan
Since this information was from Bloomberg I did not post it but I find it funny that the person who headed the department that so far has lost $2 billion for JPMorgan was a women named Ina R. Drew. I point thus out because the NOW-type hags claimed if women were in charge of Wall Street there would of been no financial crisis since testosterone driven males can't help themselves but make big bets that exploded.
Are you part of the war on women? / sarc
The trader at issue was, however, male, and the reports are that Jaime Dimon himself, the male CEO of the bank, was directly instructing the trader on some of the trades.
Sounds like you’ve got an ax to grind, but I’m not so sure this will end up a story that boosts your view.
When there is a two billion dollar loss, some counter-party made a two billion dollar gain. We even know who the person was that lost two billion for Chase; what organizition and what specific trader(s) took Chase and Mrs. Drew for two billion dollars?
Inquiring minds want to know.
From my understanding various hedge funds hit the jackpot with Chase’s money.
Wait, you mean the “London Whale” is a female?
I was ready to flame you until I read this. Your point, correctly made, is that women can make as many dumb decisions as men. (Sorry to say, actually more, since we are the ones who ultimately decide to kill our own babies in the womb.)
The actually trader was a dude but his boss was the woman.
Another woman at JPM, Blythe Masters, is responsible for the blatant manipulation of silver markets. Draw your own conclusions.
Stupid is as stupid does. The attached genitalia are irrelevant.
That is one of my pet grammatical peeves.
Various hedge funds, huh? Kinda need names don’t we? Might be interesting to know exactly who, and what connections between the individuals at the hedge funds and individuals at Chase there might be, who are responsible for this exchange of billions. Just follow the money. And by Chase’s money, you mean the money owned by Chase shareholders, right? They are the losers of this money.
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