They may have banned swearing at Goldman Sachs, but over at the House of Dimon, potty mouth is alive and well, according to the transcript of a call in which Blythe Masters, the firm’s head of commodities, gives her unit a pep talk after a crummy first half of the year. “Don’t panic,” Masters told her team on the call, a recording of which was obtained by Bloomberg News. “No one’s going to get screwed. We’re not going to do crazy things on compensation at the end of the year.”
We think she might have then closed with, “Don’t forget, you work for J.P. Motherfuckin’ Morgan!” but it was too much for the Bloomberg editors to deal with.
JPMorgan’s Masters Urges No `Panic’ as Commodities Unit Slips [Bloomberg]