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Last Man Standing: The Ascent of Jamie Dimon and JPMorgan Chase Hardcover – October 6, 2009
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Top Customer Reviews
Dimon, without question, is highly talented. However, his career received two initial major boosts. The first was working for several Harvard Business School professors in finance prior to beginning his Harvard Business School (HBS) experience. This provided him with early high-level exposure to the area and undoubtedly enriched his education experience as well. The second was joining forces with Sandy Weill in 1982 upon graduating from Harvard (Baker Scholar - top 5%), and having the opportunity to participate in top-level analyses and decision-making with many a 'mover and shaker.' (Dimon's alternative was more remunerative, but much lower level positions in investment banking.)
Weill had recently been pushed out of American Express, so Dimon was taking a bit of a gamble joining up with Weill. Fortunately, it wasn't too long before Control Data asked for help with its newly acquired Commercial Credit unit - lender to those with relatively low household incomes. Weill was appointed CEO in 1986, a leveraged buy-out soon followed, assuring a rich options opportunity for both himself and Dimon. Other steps included a 10% staff cut, selling off the car leasing and accounts-receivable insurance businesses (too much risk), and cutting executive perks (magazine subscriptions, country club memberships, flowers).Read more ›
It's a good feeling working for a company where what I do everyday for our clients (despite being just 1 out of over 200,000) actually matters. No one here is insignificant. And every detail, every employee, matters. And that's a healthy culture for any business to have. I am proud to be part of this great company; proud of our leader and our management team's diligent handling of our bank's financial affairs; proud to have been able to help our clients during a very difficult period for our country.
Duff's account of Jamie's career is a must read for any aspiring manager/leader. From his detailed account of Jamie's early career to the more recent events, this book is an easy, addictive read. It's hard to put it down. Great job researching the stories, issues and conducting interviews. In the aftermath of this complex system meltdown, it is refreshing to read a book in which complex financial issues can be easily understood by anyone. Strongly recommended.
I only gave the book 3 star, because I felt it was written in a more favorable light than was deserved. It read more like hagiography than biography. The book is worth reading.
Most Recent Customer Reviews
Jamie Dimon is a one of a kind guy. Rare talent. Great insights into how the best CEOs should operate.Published 22 days ago by Randy Cooper
Everything was met. The book is in great condition. I wish it could have gotten here sooner but it was worth the wait.Published 28 days ago by Audrey
What an accolade to be called the last man standing! It made it interesting to see what he had done. Read morePublished 6 months ago by M.W.Heishman
I became a broker fairly early in this story of Dimon's rise, but never knew much about him. This book was very informative about Dimon the alpha male financier as well as the... Read morePublished 6 months ago by S. Widtfeldt
Enjoyed reading this book having worked at the firm from 2005-2011Published 7 months ago by jay dumaswala
Jamie Dimon is a business leader of whom I had read very little prior to this book. He is not a shadow figure; rather he is a forceful, very visible presence in almost any... Read morePublished 11 months ago by Miller.
Jamie rocks!!! A truly professional manager, a leader and decision maker. A remarkable career based on thorough knowledge of finance, the right mentor, the appropriate team of... Read morePublished 14 months ago by Francisco Mariategui
It made me think of this quote: "Twenty years from now you will be more disappointed by the things you didn’t do than by the ones you did do. So throw off the bowlines. Read morePublished 15 months ago by melissa schwenneker