By Duff McDonald
In the middle of this disastrous financial system, one government has weathered the hurricane extra deftly than the other: Jamie Dimon, chairman and CEO of JPMorgan Chase, thought of the dominant fi gure on Wall road. Dimon's eleventh-hour acquisition, in 2008, of fl sick archrival undergo Stearns shocked the realm. much more fantastic: JPMorgan's persisted good fortune within the face of an industry-wide meltdown that has noticeable its CEO develop into a paragon of finance.
In Last guy Standing, award-winning journalist Duff McDonald chronicles Dimon's tumultuous upward thrust: from his becoming a member of the mythical Sandy Weill at American show clean out of Harvard company tuition to their development of Citigroup (and Dimon's unceremonious ouster) to his rescue of financial institution One and, on the extraordinary age of forty-eight, his ascension to the pinnacle submit at JPMorgan Chase -- a financial institution he remodeled from a damaged establishment to the sine qua non of world banking in 5 brief years.
Upon gaining unfettered entry to Dimon, McDonald spent numerous hours interviewing him and his complete circle of relations, acquaintances, and associates to supply an unheard of and deeply own examine this outstanding determine. relocating past Dimon's "fortress" stability sheets, McDonald finds a devoted relatives guy whose uncanny facility with numbers and tireless paintings ethic are complemented via fierce loyalty and an unrelenting aversion to offi ce politics. Dimon, for the 1st time, stocks targeted insights at the middle of his enterprise and administration philosophies, and titans comparable to Weill and Warren Buffett provide their analyses of his career.
At a time whilst Dimon's rivals watch their businesses collapse, JPMorgan not just keeps to climate the worst interval within the heritage of Wall highway yet is growing to be via leaps and boundaries. The defi nitive biography of Jamie Dimon, Last guy Standing is via a long way the main complete portrait of the one guy in finance this present day who may be known as an American hero.
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Extra info for Last Man Standing: The Ascent of Jamie Dimon and JPMorgan Chase
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