When the LIbor scandal broke in 2008, Ina Drew of the London office of JPMorgan Chase was called into the office of the bank’s CEO Jamie Dimon, according to reliable sources. \u00a0 It is reliably reported that Dimon said he should take the fall, but could not. \u00a0She was going. \u00a0With 25 million dollars.<\/p>\n
Now, as Wells Fargo faces fines for encouraging banking underlings to set up fake accounts for clients, another woman is taking the fall. \u00a0Fortune\u2019s <\/em>Stephen Gandel reported that Carrie Tolstedt, who led the community banking division where the fraudulent accounts were allegedly opened, was leaving the bank with 124.6 milliion dollars. While the bank called her departure a \u201cpersonal decision to retire,\u201d many have demanded a substantial \u201cclawback\u201d on Tolstedt\u2019s back pay.<\/p>\n Two women walk with a lot of money, and without squealing. \u00a0Is this a woman’s job at the top of banking?<\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" When the LIbor scandal broke in 2008, Ina Drew of the London office of JPMorgan Chase was called into the office of the bank’s CEO Jamie Dimon, according to reliable sources. \u00a0 It is reliably reported that Dimon said he … Continue reading ![\"Women](\"http:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2016\/09\/Women-in-Banking-300x133.jpg\")
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