Discuss the impact of the London Whale trading scandal on Jeremy Barnum's career.
Jeremy Barnum's Unique Path to Becoming JPMorgan's CFO
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The video discusses the career of Jeremy Barnum, who rose to become the CFO of JP Morgan despite early setbacks. Starting in 1994, Barnum was involved in the credit derivatives market and faced challenges, including being fired twice. He returned to JP Morgan in 2007, playing a significant role in the Bear Stearns acquisition and the London Whale scandal cleanup. His expertise in derivatives and risk management has been crucial to his success.
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OPEN ENDED QUESTION
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What does the phrase 'if you lose $10 billion, you'll get hired' imply about risk-taking in Wall Street?
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