This Woman Lost JPMorgan $2 Billion Since March... And Retires With A $32 Million Dollar Package

Apparently it's that easy in the US banks. Ina Drew, JPMorgan Chase's chief investment officer, was in charge of a series of disastrous derivatives trades which have cost the bank $2 billion since March. (Derivatives are really complex financial transactions involving all kids of debts, equities, securities, assets and speculation that really makes your head hurt when you try to think about it. Start here if you must.)

We think the saying has been wrong all these years. No one's laughing all the way TO the bank... Ms Drew is laughing all the way from the bank into a luxurious and lavish retirement. Read more about the breakdown of her massive package here.