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Heads Roll at JPMorgan Over $2B Trade Loss

CEO Jamie Dimon will accept at least three resignations

By Neal Colgrass,  Newser Staff

Posted May 13, 2012 6:16 PM CDT | Updated May 14, 2012 8:34 AM CDT

(Newser) – JPMorgan's disastrous $2 billion trading loss has officially claimed its first casualty. Chief Investment Officer Ina R. Drew, a 30-year veteran of JPMorgan and one of Wall Street's most prominent women, retired today, the AP reports. Drew was responsible for overseeing the disastrous...   Read full story »

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