At JPMorgan for their two-billion dollar loss isn't to punish the big boss at all, Jamie Dimon. No, they'll fire
their three highest ranking minority group members.
The bank - the biggest in the United States by assets - is expected to
accept the resignation of Ina Drew, its New York-based chief investment
officer and one of its highest-paid executives, in the next few days,
the sources said. Two of Drew's subordinates who were involved with the
trades, London-based Achilles Macris and Javier Martin-Artajo, are
expected to be asked to leave, they said.
Rising Hegemon
2 comments:
You've messed up big time, gotta do the minority hire. If they manage to clean up the mess, it was your genius in hiring them, and besides, it couldn't have been so bad if one of them is able to do the job. If they mess up, whadja expect? Fire 'em -- no biggie.
Thus it currently is at my job (guy's got stones, he's getting it done) and thus it has always been, and will always be, world without end, amen.
with or without golden parachutes.
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