Why JPMorgan Executive Ina Drew Took The Fall For The Firm's Huge Loss
Drew was one of the top-ranking women on Wall Street — until she resigned following the bank's $2 billion (and counting) mistake. While many are sad to see one of the very few women in her position leave the business, her resignation wasn't entirely unfair.
JP Morgan Executive Ina Drew Steps Down After $2 Billion Loss
Drew, who became JP Morgan's Chief Investment Officer in 2005, announced her retirement today after taking much of the blame for the bank's recent huge loss. Prior to her resignation, she was one of the most powerful women on Wall Street.