Saturday, January 5, 2013

Bankster Jamie Dimon's Sensitive Side

From a 1996 BusinessWeek profile:
Almost from the beginning, Jamie Dimon always knew what he wanted. When Jamie was only nine years old, his father, Ted, a stockbroker, asked him and his two brothers what they wanted to be when they grew up. The older boy, Peter, said he wanted to be a physician. Ted, Jamie's twin brother, said he didn't know. Then it was Jamie's turn. ``I want to be rich,'' he replied. Says Ted, ``He wanted to run something and have power.''

At Harvard business school, Jamie was known for his bluntness. As a first-year student, Dimon disagreed with a professor in front of the class about how to interpret a case study. ``The teacher got very embarrassed, but Jamie was right,'' says classmate Peter Maglathlin. One day, in a course whose grades were based largely on class participation, Dimon was talking while another student sitting nearby was frantically waving his hand to get recognized. Dimon turned to the student and said: ``Put your stupid hand down while I'm talking.''

Dimon does have a more sensitive side, however. His friends say that in high school he was inseparable from his dog, a sheltie named Chippy. At B-school, he carried the pet around when it became too arthritic to walk.

10 comments:

  1. Typical of today's people. They love animals more than they like fellow human beings.

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    1. Well, most animals aren't as dumb!

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    2. From Anonymous 11:25 AM

      I agree. And I hope more people smarten up.

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  2. Dimon is an ego centered elitist who practices new wave snobbery.

    I am not impressed with him or the government's bank, JP Morgan. It ain't hard to be successful when you have every advantage known to man and a complicit government to bail you out.

    I have always been under impressed with Jamie. Just another schmo doing what is best for him at everyone else's expense. Hardly breath taking.

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    1. JP Morgan is not the government's bank, the bank was literally coerced by Tim Geithner and Hank Paulson to take the TARP money so all the major banks would look equally "needy" to the market to prevent the weaker ones from facing massive short selling.

      JP Morgan has some of the more stringent student loan and mortgage guidelines out there, and this includes pre-2008. You are just parroting what you see on TV and think because they were forced by the federal government to receive TARP money that they are the "government's bank". No they aren't, they are an incredibly effective bank and one of the few ones remaining who have helped solidify the strength of America's capital markets with some of the most impressive fixed income products on the bond market.

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    2. "...with some of the most impressive fixed income products on the bond market."

      You're funny. Considered stand-up?

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  3. So in other words he's a power-hungry jerk who loves his pets/kids. Standard template biography for a member of the ruling elite.

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  4. reminds me of mini-me and the cat.

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  5. Wanted to be rich? Shuts down some Marxist obnoxious college profesor? Sounds badass to me, what am I missing here?

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