Toby Howell

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First of all, I feel bad for Bodnar, not because he was terminated or wrongfully terminated, but because when you throw a party and you buy a deli platter and only two people show up, that has got to feel awful right there.

You really misread the room when it came to how many people wanted to come see

to your Super Bowl party.

But the heart of Bodnar's claim is that JP Morgan had already decided to fire him before the investigation into the salami incident ever concluded.

And he said that bank employees moved, quote, like vultures on a carcass to divide up his client book.

So Bodnar managed almost a billion dollars in client money.

And the fact that they already had someone coming in, a retention team, to split up those clients to move to other parts of JP Morgan...

showed that this was not about a deli platter incident.

It was more about, you know, trying to get Bodnar off the payroll.

And so they could divide up his book right there.

But in insane, like the fact that we're saying salami gate at all, in conjunction with the biggest bank in the world, just the fact that we're saying the word salami gate, and then the biggest bank in the world, it's just not a good look for JP Morgan.

Meanwhile, Jamie Dimon has said, JP Morgan is doing really well right now.

They have a lot of excess cash on their book right now.

And they say, we may be looking into an acquisition in the $20 billion range.

So you have three headlines going simultaneous right now.

Jamie Dimon saying, we want to buy something for $20 billion.

Then you have this sexual assault case.