
The House of Dimon How JPMorgan's Jamie Dimon Rose to the Top of the Financial World
by Crisafulli, PatriciaRent Book
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Summary
Author Biography
Jamie Dimon has flourished by avoiding alluring, but potentially catastrophic risks and taking advantage of strategic opportunities. During one of the most difficult and tumultuous periods in Wall Street history, he has survived and thrived. The House of Dimon reveals how he's done it and explores what lies ahead for Dimon, as he attempts to grow JPMorgan in the face of the unrelenting pressures of Wall Street.
Patricia Crisafulli is an accomplished business writer and author who has written or ghostwritten sixteen books on business, finance, and leadership. A former journalist, she was a correspondent in the Chicago bureau of Reuters America. Her articles have appeared in the New York Times, Chicago Tribune, Boston Globe, and other prestigious national newspapers. Crisafulli has written articles for the "Leisure & Arts" page of the Wall Street Journal and has appeared on television and radio across the country.
Table of Contents
Preface | p. ix |
Acknowledgments | p. xiii |
In the Eye of the Storm | |
The Dimon Way | p. 3 |
Running the House of Dimon | p. 7 |
The Rise, Fall, and Rise of Jamie Dimon | p. 10 |
What You See Is What You Get | p. 14 |
Straight Talk about a Credit Crisis | p. 15 |
Never, Ever Forget the Downside | p. 18 |
A Culture of Transparency | p. 20 |
Doing What It Takes to Get the Job Done | p. 23 |
Taking a Bear-Sized Bite | p. 25 |
No Ordinary Deal | p. 27 |
Presenting the Deal to Shareholders | p. 29 |
Step-by-Step Through the Deal That Changed Everything | p. 32 |
Reining In the Risks | p. 41 |
On Dimon's Shoulders | p. 42 |
The Making of a Wall Street Leader | |
The Weill Years: In the Trenches | p. 49 |
The Making of Jamie Dimon | p. 52 |
The Market in His Blood | p. 53 |
Going to Work for Weill | p. 56 |
The Rise of Sandy Weil | p. 58 |
In the Trenches at Commercial Credit | p. 60 |
Buying Primerica-A New Second Chance | p. 65 |
A Force on Wall Street | p. 71 |
Primerica Grows | p. 74 |
A New Team for a New Corporate Entity | p. 77 |
Growing Tensions | p. 80 |
The Deal of Deals | p. 85 |
The Firing of Jamie Dimon | p. 89 |
The Recruitment of Jamie Dimon | p. 91 |
Life after Citigroup | p. 92 |
Bank One's Search for a CEO | p. 95 |
The New Bank One CEO | p. 102 |
Taking Over as CEO | p. 105 |
A House Divided | p. 107 |
The Beginning of a New Culture of Accountability | p. 108 |
The Turnaround of Bank One | p. 111 |
New Players for the Team | p. 113 |
Welcome to Boot Camp | p. 116 |
Taking It to the Street | p. 117 |
Turning Around Bank One | p. 119 |
Straight Talk from the New CEO | p. 128 |
The Fortress Balance Sheet Debut | p. 129 |
Restoring Profitability | p. 130 |
Back on Wall Street | p. 133 |
The House of Morgan | p. 136 |
The Deal That Almost Didn't Happen | p. 139 |
Delving into JPMorgan Chase | p. 142 |
Dimon Takes Over | p. 146 |
The Storm of 2007 | p. 150 |
The Wall Street Statesman | p. 151 |
Weathering the Storm | |
The Dimon Fortress | p. 155 |
Strong Defense, Strategic Offense | p. 157 |
The Signature Phrase | p. 158 |
It Always Pays to Be Prepared | p. 159 |
No Resting on the Laurels | p. 162 |
Advice and a History Lesson | p. 164 |
Stress Testing Assets | p. 165 |
Having Real Capital | p. 166 |
The Long-Term View | p. 170 |
Taking Over WaMu: A Sign of the Times | p. 171 |
Welcome WaMu | p. 173 |
Washington Mutual Runs into Trouble | p. 175 |
A Strategic Fit for JPMorgan | p. 176 |
"First-Class" Banking Meets "Whoo Hoo!" | p. 179 |
A Somber Picture | p. 180 |
Failure and Takeover: A Sign of the Times | p. 182 |
More Acquisitions in the Future? | p. 186 |
Waiting for What Comes Next | p. 187 |
Navigating Financial Storms | p. 189 |
A Brief Postmortem of a Complicated Crisis | p. 191 |
Bubbles Are Trouble | p. 192 |
Even the Best Model Can't Predict Everything | p. 195 |
Blame the Underwriting | p. 196 |
Launch New Products Cautiously | p. 199 |
Risk at One Firm Affects Others | p. 200 |
More Regulation Is Coming | p. 201 |
Bolder, Braver Leaders | p. 203 |
A Wall Street Statesman | p. 209 |
The Hard Work of Being a Leader | p. 211 |
Family, Humanity, and Then JPMorgan | p. 212 |
Loyal-to the End | p. 217 |
Notes | p. 219 |
About the Author | p. 233 |
Index | p. 235 |
Table of Contents provided by Ingram. All Rights Reserved. |
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