Last Man Standing
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"An intimate . . . three-dimensional portrait of the executive, with lots of reporting from his friends and family."
--Mara Der Hovanesian, "BusinessWeek"
Product Description
In the midst of this disastrous economic climate, one executive has weathered the storm more deftly than any other: Jamie Dimon, chairman and CEO of JPMorgan Chase, considered the dominant figure on Wall Street. Dimon's eleventh-hour acquisition, in 2008, of flailing archrival Bear Stearns stunned the world. Even more incredible: JPMorgan's continued success in the face of an industry-wide meltdown that has seen its CEO become a paragon of finance. In 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 qua non of global banking in five short years. At 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 definitive 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.
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5 of 5 people found the following review helpful
Format:Hardcover
Duff McDonald's " Last Man Standing" is an engaging account of unarguably one of the most engaging bankers that walks the planets. The book compellingly charts Dimon's career from the risky beginnings that he made after business school right through the risk that he took by walking out of Citigroup to take over Bank One. What makes Duff's book a masterpiece is the insights that he has into the private life of Dimon. Finally, the book celebrates Dimon's unassailable authority during the 2008 financial crisis. A staggering book on a staggering subject.
5 of 5 people found the following review helpful
Format:Hardcover
Duff 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.
Format:Hardcover
The book gives a very good insight into Jamie Dimon's life and his career path. It is quite easy read and very quick. Totally recommended if you are interested in finance industry or J.P.Morgan.
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