Last Man Standing The Ascent of Jamie Dimon and JPMorgan

Last Man Standing The Ascent of Jamie Dimon and JPMorgan Chase In the midst of this disastrous economic climate one executive has weathered the storm deftly than any other Jamie Dimon chairman and CEO of JPMorgan Chase considered the dominant fi gure on Wall Street Dimon's eleventh hour acuisition in 2008 of fl ailing archrival Bear Stearns stunned the world Even incredible JPMorgan's continued success in the face of an industry wide meltdown that has seen its CEO become a paragon of financeIn Last Man Standing award winning journalist Duff McDonald chronicles Dimon's tumultuous rise from his joining the legendary Sandy Weill at American Express fresh out of Harvard Business School to their building of Citigroup and Dimon's unceremonious ouster to his rescue of Bank One and at the unprecedented age of forty eight his ascension to the top post at JPMorgan Chase a bank he transformed from a broken institution to the sine ua non of global banking in five short yearsUpon gaining unfettered access to Dimon McDonald spent countless hours interviewing him and his full circle of family friends and colleagues to provide an unprecedented and deeply personal look at this extraordinary figure Moving beyond Dimon's fortress balance sheets McDonald reveals a dedicated family man whose uncanny facility with numbers and tireless work ethic are complemented by fierce loyalty and an unrelenting aversion to offi ce politics Dimon for the first time shares detailed insights on the heart of his business and management philosophies and industry titans such as Weill and Warren Buffett offer their analyses of his careerAt a time when Dimon's competitors watch their companies crumble JPMorgan not only continues to weather the worst period in the history of Wall Street but is growing by leaps and bounds The defi nitive biography of Jamie Dimon Last Man Standing is by far the most comprehensive portrait of the only man in finance today who can be called an American hero

  • Hardcover
  • 352 pages
  • Last Man Standing The Ascent of Jamie Dimon and JPMorgan Chase
  • Duff McDonald
  • English
  • 10 June 2014
  • 9781416599531

About the Author: Duff McDonald

Duff McDonald is a journalist and the author of Last Man Standing a biography of JPMorgan Chase CEO and chairman Jamie Dimon A contributing editor at Fortune magazine and the New York Observer he has written for Vanity Fair New York magazine Esuire G Wired and Time and has been awarded two Canadian National Magazine Awards He lives in New York

10 thoughts on “Last Man Standing The Ascent of Jamie Dimon and JPMorgan Chase

  1. says:

    “When you’re in a commodity business the only way to thrive is to be a low cost producer And when you’re selling money you’re in a commodity business”

  2. says:

    Fascinating but should have focused on the man we kinda know that Hank Paulson was a lousy Secretary and that Bear Stearns was a mess

  3. says:

    Exciting blow by blow account of Jamie Dimon’s career and recent JP Morgan history It is a fitting follow up book to Ron Chernow’s House of Morgan

  4. says:

    One of the best books I've ever read This writer has verve style and erudition

  5. says:

    It is shame that this book was published in 2009 and not 2019 because Jamie Dimon and JPMorgan Chase have done incredibly well in the last decadeThe book is obviously a puff piece on Jamie Dimon and I am sure Dimon has some negative sides to him that was either conveniently left out or the author didn't want to dig those out However I can certainly say that Dimon is a real operator as real as they come intelligent cautious and straightforward There is a ton to learn from him and the author has done a great job of highlighting the traits that make Dimon such a Sphinx like figureBeing a CEO is not an easy job by any stretch of the imagination While reading this book and the story of Jamie Dimon I was constantly reminded that there is a difference between Wanting to be liked vs Wanting to be fair and the latter commands respect both from your own self and the worldI recommend this book 100%

  6. says:

    Fascinating – and flattering – profile of financial powerDuff McDonald’s book covers a fascinating historical moment – the 2008 2009 Wall Street debacle – by profiling a pivotal character in the thick of it Jamie Dimon CEO of JPMorgan Chase Having spent extensive time with Dimon McDonald combines his reporting with published sources Dimon’s own writings and statements and interviews with his associates employees or relatives McDonald covers Dimon’s youth business school education and evolving career Dimon was a nonconformist in business school and politics an astute lieutenant of his mentor Sandy Weill and a pivotal figure in the financial crisis Notably he preserved JPMorgan Chase bought Bear Stearns and helped lead the market back to stability Readers interested in a critical take on Dimon may find the book too flattering but if you want to see how the financial wars looked from the CEO’s chair getAbstract recommends this intriguing perspective

  7. says:

    Great book about a great bankerThough too much unrestricted praise for Dimon he surely is one of the top bankers the world has seen Very good book with much history of each of Jamie's career steps and phases and also the details of the banks and the decisions that were made The Epilogue is unnecessary as the comparison between Jamie and Sandy is vain saying that Jamie is bigger or vice versa is irrelevant and wrong both are who they are and accomplished what they accomplished because of each other would Sandy be Sandy without Jamie's sharp mind? And would Jamie be Jamie if Sandy had not believed in him and gave him all the exposure to the core of banking in his early 30's? Overall a great book for anyone who wants to learn about the banking industry and one of its main protagonists

  8. says:

    The story of a man who lurked in shadows until the biggest crisis hit and the hero's ended up looking for shelter His was the house to which they all turned to the house which was living a disgraced existence over the last few decades and whose story the world used to remember when they talked about the crisis' of the older days In the days when the Wall Street fell from grace his was the moment to shine the moment to restore to his house its past glories And he rose up to that moment not by doing something extraordinary but just by doing the right thing The right thing when the world was doing the otherwise Not that he was invinsible he made his mistake and took his share of hit for that but he didn't get swayed by what others were doing He stood by his decisions alone in a corner Till the day when the mountains started to shake from that day onwards he stood apart but this time on the top The book paints Jaime in the most humanly light possible he's doesn't have some super human talents just the traits we all admire hardworking likeable man who makes mistakes and accept them man who apologies just to bury the hatchet man who tried to do the right thing always

  9. says:

    Fantastic book It's highly insightful on the banking industry in the US in the past 2 decades as well as on Jamie Dimon The book is very well written and very thoroughly researched with lots of uotations from books articles earning calls annual reports and uotes from people closed to the situation While some says the book paints a too rosy picture of Jamie Dimon I find the author has done a great job of balancing the views by giving views from both sides of the camp always It's one of those I really struggle to put it down It's the last thing I put away before I sleep and first thing I grab in the morning Highly recommended for anyone interested in banking industry finance investment

  10. says:

    Although the story of Jamie Dimon is truly enchanting and interesting to read I was not satisfied the way the author puts it There are gaps in the narration and I often found myself puzzled with some parts and how they are related to the story Most of the stuff written in the book seems as if you're reading a news report rather than actual narration of Jamie Dimon's life and his achievementsThe style of writing is flawed but I thoroughly enjoyed the aspects of Jamie's hard work intelligence style of leadership and emphasis on building stable businesses I would not recommend this book if you do not have much familiarity with technical aspects of the financial sector

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