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04:07 PM
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Breaking News: THREE TOP EXECS LEAVING JP MORGAN!!!
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[quote:Phase-Sphere:MV8xODY3MzI3XzMxMTQ3NTk2XzI2QkZDMTMw] May this follow them into eternity. :KarmaPolice: [/quote]
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link to online.wsj.com
]
Three high-ranking people are expected to leave J.P. Morgan Chase JPM & Co. this week, said people familiar with the situation, in the latest fallout from a trading blunder that has cost the bank at least $2 billion.
The departures involve three of the highest-ranking executives with direct connections to the losses, according to the people familiar. Those leaving are Ina Drew, who since 2005 has run the risk-management unit that is responsible for the losses; Achilles Macris, who is in charge of the London-based desk that placed the trades; and trader Javier Martin-Artajo, a managing director on Mr. Macris' team, the people said.
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