Thought about "Last Man Standing"

[erpowers]

What do DU members about the book Last Man Standing: The Ascent of Jamie Dimon and JP Morgan Chase? The reason for me asking this question is that the book seems to make Dimon out to be a hero and a guy who made the right decisions before, during, and after the financial crisis. I had an idea that the book would make Dimon out to be one of the people who saw the financial crisis coming and found a way to get his company to avert the crisis; however, I did not know the book would attempt to make Dimon look like a major financial guru.

I would like to point out I have not bought the book I just looked at the review at amazon.com. I looked up the book because on Friday I saw that a number of President Obama's advisors were being criticized for being too academic. Also, the argument that President Obama needed to listen more to people from "the market" was being made. During that time I thought about the fact that Jamie Dimon has been promoting himself as one of the people who tried to warn everyone about the coming financial crisis. I never bought Dimon's story, but I wanted to see what the book actually said.

The premise of the book seems to be the opposite of the facts. The way the book seems to try to tell the story JP Morgan Chase bailed out Bear Stearns, one of its competitor. The facts show that JP Morgan Chase also had to be bailed out by the government. The book seems to fail to mention that JP Morgan Chase took money from the government.

The link below is to the amazon.com webpage for the book. If anyone scrolls down they can see the product description for the book.

http://www.amazon.com/Last-Man-Standing-Ascent-JPMorgan/dp/B003STCKN0/ref=sr_1_1?s=gateway&ie=UTF8&qid=1284906819&sr=8-1

[LWolf]

1. I don't think anything about it. I haven't read it.

I try not to judge a book by its cover, so to speak.