![Peter Weiland was in charge of risk management for JPMorgan's chief investment office, the unit at the center of flawed trade.]()
Gary Cameron/ReutersPeter Weiland was in charge of risk management for JPMorgan's chief investment office, the unit at the center of flawed trade.
Mr. Levin focuses on why JPMorgan did not send critical reports from the chief investment office to the Office of the Comptroller of Currency for four months in 2012 -- at the same time that the size of the trades were swelling.
He poses the question to Ms. Drew, who responds that she doesn't know whether they had been sent. In a defensive move, she adds, "If I had known, I would have said that was a wrong thing to do."
Mr. Levin presses for a name, but neither Ms. Drew nor Peter Weiland, who was in charge of risk management at the chief investment office, has one. Mr. Weiland says that the responsibility likely lay in the "finance function" -- almost certainly meaning the chief financial officer, who was Douglas Braunstein at the time.
Gary Cameron/ReutersPeter Weiland was in charge of risk management for JPMorgan's chief investment office, the unit at the center of flawed trade.