{"id":29009,"date":"2012-05-15T07:11:31","date_gmt":"2012-05-15T11:11:31","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=29009"},"modified":"2012-05-15T07:11:31","modified_gmt":"2012-05-15T11:11:31","slug":"jpmorgan-cio-chief-drew-quits-after-trading-loss","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2012\/jpmorgan-cio-chief-drew-quits-after-trading-loss.html","title":{"rendered":"JPMorgan CIO Chief Drew Quits After Trading Loss"},"content":{"rendered":"<p>Reuters &#8211; JPMorgan Chase &amp; Co. Chief Investment Officer Ina Drew is retiring \u2014 the first casualty after the bank suffered trading losses that could reach more than $3 billion and that have sparked an investigation by U.S. securities regulators.<\/p>\n<p>In Ms. Drew&#8217;s place, the bank on Monday [May 14] named Matt Zames, a trader by background who is well versed in risky financial bets. He was at one time employed at\u00a0Long-Term Capital Management, whose 1998 collapse nearly caused a global crisis.<\/p>\n<p><a href=\"http:\/\/www.hedgeworld.com\/open_news\/read_newsletter_aa.cgi?section=dail&amp;story=dail20648.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; JPMorgan Chase &amp; Co. Chief Investment Officer Ina Drew is retiring \u2014 the first casualty after the bank suffered trading losses that could reach more than $3 billion and that have sparked an investigation by U.S. securities regulators. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-29009","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/29009","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=29009"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/29009\/revisions"}],"predecessor-version":[{"id":29010,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/29009\/revisions\/29010"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=29009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=29009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=29009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}