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2012-10-03 — nytimes.com
The $6 billion blunder has turned out to be no more than a minor ding on JPMorgan Chase's mighty balance sheet. The company's stock has rebounded strongly, and the financial world has moved on to other obsessions. But for Ina Drew, this is a scorching moment of failure from which it could be hard to recover. In 30 years in the banking industry, she ascended to a level of power and wealth that few women have known. Her rise tells an unlikely story of what it takes to succeed as an interloper in the Wall Street boys' club. Her fall is a murkier tale about how executives are coping with the growing public scrutiny and skepticism about what exactly banks are doing with all our money.
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