News broke late yesterday that JPMorgan has more or less fired it's top natural gas trader, Parker Drew. Supposedly unrelated to Amaranth. Anyone care to venture a guess as to why Drew got the axe?
JPMorgan & Co.'s (JPM) head natural gas trader has resigned after being asked to leave the bank, a person familiar with the situation said Thursday.
JPMorgan spokesman Brian Marchiony confirmed that Parker Drew, head of North American natural gas trading in New York, had left the firm in late November but he declined to comment on the reason for his departure.
Chief gas trader leaves JPMorgan over differences with firm [MarketWatch.com]