Will Bank Pay Up for the Ina Drew Mystery?
[Financial Analysis and Commentary]</br></br>Get ready to have a whale of a time.</br></br>On Tuesday, J.P. Morgan Chase holds its annual shareholders meeting, only days after news of its $2 billion trading stumble and Friday's loss of about $14 billion in stock-market value. Some shareholders may be galled by the prospect of blessing chief James Dimon's $23 million pay packet for 2011 and a $15.5 million 2011 payout for Ina Drew, the bank's chief investment officer.</br></br>Ms. Drew oversaw the office behind the trades that led to the bank's trading debacle. She is expected to leave the bank and her departure may be announced before Tuesday's meeting.</br></br>Even so, the losses and big pay packages are likely to again thrust the issue of outsize Wall Street compensation, as well as the question of pay for performance, into the spotlight. Depending on the terms of her separation, for example, Ms. Drew may be in line to receive $14.65 million of accelerated equity awards, according to securities filings.