Will Ex-JPMorgan CIO Ina Drew be Hurt by ‘clawbacks?

There’s a difference between allowed to retire and being fired ‘with cause’ – a $21.5 million difference in the case of JPMorgan’s Chase & Co. (NYSE:JPM) former Chief Investment Officer, Ina Drew, according to an article in the Chicago Tribune.

Drew retired May 14, four days after a loss of $2 billion in her division was made public by the bank. Because she retired, she gets to keep $17.1 million in stock and about $4.4 million in options. Taken with other retiral benefits she received about $57.5 million upon laying down her 30-year stint...