Everyone has been focusing on the $2 billion loss but there have been a lot of other really important things JPMorgan had forgotten about….
1. To water the small bonsai tree Jamie D. keeps next to his Bloomberg terminal.
2. To separate the recycling, the Whale mandates this at the London office, for obvious reasons.
3. That the mail room was likely more profitable than the trading dept by using ground rather than overnight shipping one Thursday in March.
4. Requiring traders to earmark the ‘money management’ section of Trading for Dummies.
5. To put a hold on JD’s mail during Davos.
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