Jeremy Barnum's Unique Path to Becoming JPMorgan's CFO

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.

What was Jeremy Barnum's educational background?

• Chemistry from Harvard

• Economics from Yale

• Physics from MIT

• Finance from Stanford

What significant event was Barnum involved in during his return to JP Morgan?

• The acquisition of Lehman Brothers

• The Enron scandal

• The AIG bailout

• The Bear Stearns acquisition

Which scandal did Barnum help clean up at JP Morgan?

• The Enron scandal

• The WorldCom scandal

• The London Whale trading scandal

• The Bernie Madoff Ponzi scheme

What is a common saying on Wall Street regarding risk-taking?

• If you lose $100,000, you'll get a raise.

• If you lose $1,000,000, you'll get fired.

• If you lose $1,000, you'll get promoted.

• If you lose $10,000, you'll get a bonus.

What role did Barnum hold in JP Morgan's credit trading business?

• Head of Risk Management

• Chief Financial Officer

• Head of Credit Trading in North America

• Head of European Operations