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Last Man Standing

The Ascent of Jamie Dimon and JPMorgan Chase

by Duff McDonald

Simon & Schuster, 2009

Category: Concepts & Trends

Last Man Standing
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Overall (?)

rating 8 (8)

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rating 7 (7)

Innovation

rating 7 (7)

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rating 8 (8)

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rating 2 (2)

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(8.0)

In this summary you will learn

  • How Jamie Dimon’s high finance career developed
  • How he became CEO of JPMorgan Chase
  • How he became an industry leader and played a role in saving Wall Street

Why you should read Last Man Standing

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.

About the author

Duff McDonald is a contributing editor at New York magazine and the recipient of two Canadian National Magazine Awards.

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