Dimon, Kara Leigh, 53, 124, 184
Dimon, Laura, 50, 124, 237
Dimon, Peter, 2, 9, 136, 153
Dimon, Themis Annastasia Kalos, 1–2, 3, 4, 7, 35, 75, 134, 161, 201, 246
Dimon, Theodore, Jr., 2, 9
Dimon, Theodore, Sr., 1–2, 3, 4, 7, 13–14, 18, 19–20, 35, 74, 125, 201, 246
“Dimon effect,” 162, 168, 196, 208
discount windows, 244, 245, 279
dividends, 54–55, 154, 155–56, 320
Donaldson, Lufkin & Jenrette (DLJ), 17
dot-com bubble (2000), 156, 161–62, 171–72, 205
Dow Chemical, 235
Dow Jones Industrial Average, 96, 125, 276, 285, 289
Dow 30 Index, 80–81
Drew, Ina, 183–84, 239
Drew, Parker, 218
Drexel, Anthony, 203
Drexel Burnham Lambert, 51–52, 53, 254–55
Druskin, Robert, 56, 79, 201
Dublon, Dina, 180
Dumb Money (Gross), 205
Dun & Bradstreet, 39
Duncan, Arne, 153, 317
E*Trade, 216
Economist, 220, 228, 275
EF Hutton, 45–46
Einhorn, David, 276, 285
Elliott, Jean, 273
Enron Corp., 162–63, 165, 167, 173, 219
equity, 39, 73, 74–75, 96, 109–10, 125, 169, 172, 190–91, 196, 197, 230, 232–38, 242, 253, 257, 268, 271–72, 293, 294, 296, 306
European Central Bank, 226
Euroweek, 194, 204
Evangelisti, Joe, 263
Everquest Financial, 224–25
executive compensation, 39, 48–49, 69, 74, 109, 122, 126, 156, 159–60, 165, 191–93, 195, 214, 216, 232, 270, 297, 301, 315–16
Exxon Corp., 210
Faber, David, 245
Fannie Mae, 277, 280, 289, 292, 322–23
Farrell, John, 180
Federal Deposit Insurance Corp. (FDIC), 292, 294, 295, 298, 300, 314–15
Federal Reserve Bank, 52, 53, 86–89, 103, 107, 112–13, 115, 161, 162, 203, 205, 210, 219, 227, 241, 244–50, 254–56, 264–67, 272, 274, 275, 279–85
Fidelity Fund, 47, 54, 55, 244, 283, 306
financial crisis (2007–9), ix–xi, 58, 89
Financial Times, 182, 212, 228
Fireman’s Fund, 23–25, 66, 93–94
First Boston, 33, 70, 245
First Chicago NBD, 103, 144, 149, 151, 157, 176
First Franklin Financial, 209, 214
First Union, 162
First USA, 144–45, 154–55, 156, 162, 167
Fisher, Richard, 66, 68
Fishman, Alan, 295
Fishman, Jay, 49, 62, 74, 119, 120
Fishman, Steve, 284
Fitz-Gerald, Greg, 31, 34–35, 41
FleetBoston, 170, 174–75, 197
Flowers, Christopher, 142, 253
Fool’s Gold (Tett), 210, 212, 236, 283
Forbes, 166–67
Forbes, Steve, 88
Ford, Gerald R., 41
“fortress balance sheets,” 44–45, 160, 196, 227, 320
Fortress Investment Group, 227
Fortune, 29, 31, 76, 89–90, 103, 114, 124, 128, 140, 151, 165, 179, 187, 193, 195, 199, 204, 207, 228, 239, 257, 278, 283
Fortune 500, 55, 123
Foster & Marshall, 20
Fowler, John, 37, 43, 46, 201
Frank, Barney, 311, 318
Freddie Mac, 277, 280, 289, 292, 322–23
Freund, Peter, 139, 150
Friedman, Jon, 21, 134
Friedman, Milton, 6, 310
Friedman, Paul, 262
Fuld, Dick, 244, 279, 280, 281, 283, 285–88, 304, 323
Gasparino, Charlie, 244
Gates, Bill, 323
Geithner, Tim, 53, 244, 245, 246, 247, 248, 250, 255–56, 257, 259, 273, 282, 288, 293, 300, 315, 317, 318, 327
General Electric, 9, 12, 57, 90, 135, 213
General Motors, 200
Getty, J. Paul, 2
Glass-Steagall Act, 86–89, 103, 107, 140, 204
Glucksman, Lewis, 50, 77
GMAC, 305
Goldman Sachs, 15, 16, 19, 29, 31, 73, 97, 98, 115, 138, 142, 163, 190, 204, 208, 216, 217–18, 224–25, 227, 237, 240, 245, 250, 251, 267–75, 278, 282–92, 305, 306, 310, 315, 322
Golub, Harvey, 59–60, 100
Gore, Al, 139
Goyette, Richard Leon, 299
Grant, Jim, 305
Grant, Ulysses S., 136
Gray, William, 252
Great Depression, x, 20, 249
Greenberg, Alan “Ace,” 223, 265, 270
Greenhill, Robert, 66–75, 92, 94, 95, 124, 127
Greenhill & Co., 74
Greenspan, Alan, 86–89, 90, 103, 107, 162, 205
Griffin, Ken, 244, 286
Gross, Daniel, 205
Grubman, Jack, 163–64, 196
guaranteed investment contracts (GICs), 57–58
Guggenheimer, Joan, 79–80, 186, 219
Gutfreund, John, 91
Hall, John, 145
Hambrecht & Quist, 171–72
Hamilton, Alexander, 202
Hanley, Thomas, 125, 161
Harrison, William B., Jr., 171–201, 204, 219, 277
Harte, Jeff, 298
Harvard Business School, 8–14, 15, 16, 22, 30, 37–38, 81, 149, 326
Hayden Stone, 6, 8, 18, 48
Hayman Capital, 268
hedge funds, 9, 95, 107–14, 116, 194, 205, 217–18, 227, 228, 251, 272, 276, 287
Hellman, Warren, 27–28, 52
Helyar, John, 28
Hendler, David, 226
Herlihy, Ed, 261
Herman, Marvin, 152
Hernandez, Carlos, 189
H. Hentz & Co., 18
Highbridge Capital, 194, 268
High-Grade Structured Credit Fund, 223
High-Grade Structured Enhanced Leveraged Fund, 223–24
Hintz, Brad, 236, 289
Hogan, John, 191, 225, 247, 248, 279, 281
Holland, Mike, 28
Home Depot, 139, 234
House Banking and Currency Committee, 277
House Financial Services Committee, 315–16
Household International, 154
House of Cards (Cohan), 224, 244, 258, 262
House of Morgan, The (Chernow), 52, 87, 202, 260
How to Be Rich (Getty), 2
Hsu, John, 48
IBM, 158, 193–95
Iger, Robert, 243
Immelt, Jeffrey, 9, 12, 13, 181
InBev, 305
IndyMac Bank, 276, 292
ING, 244
Ingrisani, Michael, 5, 10, 266
initial public offerings (IPOs), 34–36, 41, 164, 224
insider trading, 28–29, 31, 51–52, 90, 93, 163–64
insurance industry, 23–25, 57–58, 72, 76, 87, 89, 216
interest rates, 20, 30, 86, 89, 154, 162, 168, 227
International Monetary Fund (IMF), 237
investment banking:
acquisitions in, 19–20, 30–32, 45–46, 47, 52–53, 57, 66–70, 143–44, 155, 208, 276, 289–98
branches of, 99, 156, 157, 174, 195, 199, 216, 238, 296
brokerage activities of, 2, 17–20, 59–61, 66–75, 79, 80, 83–85, 89–90, 98, 107–10, 139, 195, 216, 271–72
business culture of, 63, 66–70, 73–75, 92, 120–21, 187–89, 193–201, 221–22
capitalization in, 155–57, 158, 159–60, 206, 214, 217–18, 224–28, 240, 267–68, 278–91, 294–97
commercial operations of, 86–89, 162–67, 185, 204, 273–74
computer systems in, 31, 61, 71, 73, 99, 156, 167, 187, 193–95, 200, 206, 238
failures in, ix–xi, 52–53, 57, 162–65, 168, 172–73, 243–74, 275, 279–89, 292, 309–10
federal regulation of, 86–89, 103, 107, 140, 204, 276–77, 281, 282, 284–85, 287, 290–92, 294, 296–98, 300–301, 304–5, 310–11, 314–15, 318, 320
loan portfolios of, 27,
30–37, 159, 181, 189, 200, 204–18, 223–37, 243–44, 249–50, 267–68, 272–73, 289–98, 309, 312–15, 322–23
management of, 9, 27, 35–36, 37, 62–63, 66–70, 78–83, 84, 91–97, 99, 104–7, 121–25, 149–51, 156, 165–66, 167, 173–74, 180–81, 186, 189, 191–201, 206, 238–39, 270, 297
mergers in, 6–7, 19–20, 27, 45–46, 47, 59–61, 66–71, 83, 89–90, 98–142, 162, 170, 171–201, 204–5, 216–17, 219, 249–74, 275, 320, 324–25
outside consultants for, 158–59, 186, 192, 193–95
retail services of, 15, 30–34, 39, 45, 80, 84, 98, 101, 117–18, 144–45, 156–59, 185, 199–200, 296
revenues of, 155–57, 196–97, 216, 237–38, 298
risk management in, 156, 188–89, 197–201, 206, 217–18, 224–28, 231–32, 264–65, 272, 303, 306, 309–10, 320
shareholders in, 155–57, 173–78, 191, 257–65, 269, 273–74, 286–87, 297, 315–16, 319–20
stock prices of, 182–83, 196–97, 204, 208, 227, 240–41, 243, 249–65, 268, 269, 275, 278, 289, 294, 302, 315–16
see also specific firms
Investors Diversified Services (IDS), 22, 59
Istock, Verne, 145, 147, 149
J. C. Flowers & Co., 227, 250–51, 253
Jett, Joseph, 57
Jobs, Steve, 325
John A. Levin & Co., 83
Johnson, Edward, II, 115
Johnson & Johnson, 213, 303
Jones, Thomas, 82, 107
Joseph, Fred, 51, 53
J.P. Morgan and Co., 87, 89–90, 98, 125, 135, 138, 162, 164, 178, 202
JPMorgan Chase, ix–xi, 154, 156, 159, 162–63, 167, 171–328
junk bonds, 52, 53, 90, 254–55
Kaplanis, Costas, 108
Katzenberg, Jeffrey, 181
Keynes, John Maynard, 215, 310
Kidder Peabody, 57
Killinger, Kerry, 290, 291, 292
King, Billy, 215
King of Capital, The (Stone and Brewster), 163
Klarman, Seth, 9
Kohlberg Kravis & Roberts, 52
Komansky, David, 73, 181–82
Kovacevich, Dick, 300, 301
Kovner, Bruce, 244
Kraus, Peter, 286–87
Kraushaar, Judah, 127
Kravis, Henry, 227
Krawcheck, Sallie, 201
Kreinberg, Romeo, 235
Krugman, Paul, 316
Lane, Jeff, 78, 79
Langley, Monica, 18, 21, 81, 104, 106, 123, 161, 194, 318
Lasry, Marc, 306
Layton, Don, 180
Lazard Frères, 48, 175–76, 282
“league tables,” 191, 200, 302, 305
Leavitt, Mike, 67
Lee, Izzy, 277
Lee, Jimmy, 168, 181, 277
Lehman Brothers, ix, 15, 19, 103, 112, 214, 228, 250, 272, 273, 275, 276, 279–89, 293, 299, 309–10
Lehman Brothers Kuhn Loeb, 28
Lessin, Bob, 67–68, 69, 84, 92
leveraged buyouts (LBOs), 200, 228–29, 234, 235–38
Levitt, Arthur, 17, 165
Lewis, Joseph, 227–28
Lewis, Ken, 274, 300, 318
Lewis, Michael, 92, 223, 227
Liar’s Poker (Lewis), 92
Light, Jay O., 9–10
Lions Gate Entertainment, 142
Lipp, Bob, 36–41, 42, 46–47, 48, 53, 55, 58, 62, 63, 67, 71, 74, 102, 104, 105, 111–12, 119, 120, 122, 128, 149, 150, 191, 201, 203, 207
liquidity, financial, 44–45, 113–14, 218, 230
Liveris, Andrew, 235
loan-to-value (LTV) ratio, 232–33
Loeb, John, Sr., 26
Loeb Rhoades, 18, 26
Long, James “Longo,” 10–11, 137, 269–70
Long-Term Capital Management (LTCM), 89, 95, 109–14, 116, 138, 213, 231, 237, 255, 280, 282
Loomis, Carol, 29, 31, 128, 140
Lowenstein, Roger, 17, 90, 95, 112, 113–14, 135, 213
Lyness, Jack, 68, 73–74
McCandless, Tom, 169
McCloy, John J., 203
McCormick, Bill, 24
McCoy, John G., 143–45, 148
McDermott, Mary, 19, 20, 34, 46–47, 115, 128, 132
McDonnell & Co., 18
McElvery, Alison Falls, 25, 26, 32, 33, 44, 54
Mack, John, 115, 182, 258, 275, 282, 286, 300
McKinsey & Co., 8, 59, 158
Maclin, Todd, 188, 197, 198, 199, 201, 239, 291, 326
Maglathlin, Laurie Chabot, 8, 12, 133, 138, 220, 270, 325
Maglathlin, Peter, 13, 25, 133, 138, 220, 318
Magner, Marge, 36, 40, 41, 46–47, 85, 128, 130, 150, 206, 207
Maheras, Tom, 111
Management Advisory and Consulting, 8–9
Mandel, Steven, 9, 12
Mandelbaum, Jay, 59, 62, 125, 132, 139, 150, 165, 184, 186, 215–16, 239, 290, 326
Manhattan Co., 202
Manufacturers Hanover Trust, 57, 171, 203, 273
margin calls, 224–25, 267–68
market share, 69, 208, 233–34, 305
“mark to market” accounting, 310
Masters, Blythe, 183, 189, 210
Maughan, Deryck, 91, 93, 94–96, 97, 101, 105, 106, 108, 110–11, 112, 114–15, 117, 118–20, 122, 123, 129, 140, 163
Maughan, Va, 95–96, 118–20
Mayer, Jeff, 270
Mayo, Mike, 155, 162, 177, 182–83, 275, 289, 296–97, 321
MCI Communications, 96
Mellon Financial, 103
Menezes, Victor, 105, 106, 115, 117, 127
Meriwether, John, 95, 107, 110, 231
Merrill Lynch, 19, 61, 73, 98, 155, 164, 204, 208, 213, 214, 216, 224–25, 230, 232, 240, 273, 276, 285, 287, 296, 299–300, 306
Milken, Michael, 51–52, 53
Miller, Heidi, 59, 74, 84, 106, 108, 120, 131, 139, 150, 165–66, 186, 199, 239
Molinaro, Sam, 166, 249, 250–51
Money, 159
Moody’s Investors Service, 243
Morgan, J. Pierpont, Jr. “Jack,” 64–65
Morgan, J. Pierpont, Sr., x, 87, 203, 222, 260, 277, 315
Morgan Stanley, ix, 25–26, 32, 69, 72–73, 112, 182, 190, 195, 204–5, 208, 209, 216, 241, 272, 275, 282, 285, 288, 292
Morgan Stanley Dean Witter, 94, 115
Morgenson, Gretchen, 254–55
Morris, Charles, 227
mortgages, 57–58, 109, 155, 205–6, 209–15, 232–38, 246, 266, 275, 277, 290, 297, 306, 309, 311, 322–23
Munger, Charlie, 323
Murdoch, Rupert, 243
mutual funds, 78–79, 266
Myojin, Sugar, 108
Nasdaq price-fixing scandal, 84–85, 135
National Association of Mortgage Brokers, 233
National Financial Partners (NFP), 83
NationsBank, 103
Newsweek, 179
New York, 95, 285, 286
New York Daily News, 296
New Yorker, 212
New York Stock Exchange (NYSE), 84, 203, 264–65, 310–11
New York Times, 17, 18, 51, 60, 73, 75–77, 79, 82, 103, 109, 128, 254–55, 261, 263, 265, 288, 290, 296, 309, 311, 312, 316
Nierenberg, Mike, 270
NINJA loans, 233
Nocera, Joe, 312
Nomura Holdings, 285
Norris, Floyd, 109
Northern Rock, 246
Novak, David, 149, 183
Obama, Barack, 153, 241, 301, 313, 316–18
Office of Thrift Supervision (OTS), 290–92, 295, 298
oil industry, 210, 241, 308–9
Olympia & York, 21
O’Meara, Chris, 279
O’Neal, Stan, 182, 213, 221, 222, 230, 232, 304
Overlander, Craig, 270
PaineWebber, 57
Pandit, Vikram, 259, 261, 281, 299, 300, 324
Panitch, Mike, 80
Papademetriou, Panos, 1, 2, 49–50
Parr, Gary, 70, 175, 176, 245, 246–47, 252–53, 255, 258
Paul, Jer
emy, 4, 5, 62–63, 215, 325
Paulson, Henry, ix, 115, 138, 182, 229, 247, 250, 255, 257–58, 264, 273, 280, 282, 285, 287, 288, 294, 300, 315, 327
Paulson & Co., 268
Pearson, Andrall, 25, 37–38, 135, 149
Pearson, Richard, 38
PHH Corp., 234
Philip Morris, 104
Plumeri, Joseph, 23, 63, 70, 71–72, 74, 124, 150, 201, 221
Plutarch, 157
Posner, Brian, 54, 55, 139–40, 142
Potoma, Peter, 17
Price, Bob, 32, 46
Priceline.com, 138, 150, 165, 166
Primerica, 48–65, 63, 70, 72, 98
Prince, Chuck, 35, 90, 115, 120–21, 122, 126, 128, 150, 168, 178, 184, 185, 195, 201, 206–7, 222, 228–30, 232, 276, 304
Protective Life Corp., 216
Prudential Insurance, 19
Prudential Securities, 177, 182
public-private investment program (PPIP), 314
Purcell, Phil, 84–85, 112, 115, 182
Puth, David, 218
Quattrone, Frank, 164
Rabobank, 243, 244
Rand, Ayn, 86
Ranieri, Lewis, 212
Rattner, Steven, 223
Real Deal, The (Weill), 34, 45, 56, 74, 77, 115, 120, 128–29, 164, 220
real estate, 57–58, 109, 154, 155, 205–15, 219, 223–28, 232–38, 246, 251–52, 266, 275, 277, 290, 297–98, 302–3, 306, 309, 311, 322–23
recessions, economic, 20, 45, 52, 86, 152, 306, 318
Redmond, Andrea, 146, 186
Redstone, Sumner, 243
Reed, John, 98–142, 160–61
Reinhard, J. Pedro, 235
Renaissance Technologies, 245
Republic National Bank, 19
Reserve Primary Fund, 283–84
“Rethinking Glass-Steagall,” 87
Risk, 217
risk arbitrage, 27, 92, 93, 96, 97, 107–14, 187–91, 209–14
RJR Nabisco, 52
Roach, Stephen, 223
Robert Fleming Holdings, 172
Robinson, James, 19, 20, 21, 24, 25, 28, 59, 60, 101
Robinson Humphrey, 20
Rockefeller, David, 203, 222
Rockefeller, John D., Jr., 3
Rockefeller, John D., Sr., 3, 202
Rogers, Brian, 320
Rohatyn, Felix, 315
Roosevelt, Theodore, 288
Rose, Charlie, 195, 231, 271, 308
Rotella, Steve, 291, 297
Roubini, Nouriel, 223
Rubin, Robert, 87–88, 103, 108, 140, 161, 167, 244, 315
Russell Reynolds, 145, 146
SAC Capital Partners, 268
Safra, Edward, 19
Salomon Brothers, 91–97, 146
Salomon Smith Barney, 51, 56, 63, 72, 75–85, 91–97, 98, 101–11, 114, 118, 121–25, 127, 149, 192, 194, 219
Saudi Aramco, 187
Savannah Electric and Power Co., 87
Saxon Capital, 209
Scharf, Charlie, 41–42, 58, 59, 77, 84, 120, 139, 149, 150, 166, 186, 233, 234, 239, 242, 246, 250–51, 255, 290, 291, 292–95, 297
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