Ends up Jamie Dimon, CEO of JPMorgan Chase, nearly became the chief executive of another prominent company instead.
After Citigroup CEO Sandy Weill fired Dimon in 1998 because he wanted to become CEO himself, Dimon contemplated moving into a completely different industry, William D. Cohan and Bethany McLean report in a new Vanity Fair feature. Dimon considered working for Microsoft and Amazon, and, perhaps most notably, he "was seriously considered as the C.E.O. of Home Depot" -- yes, the home improvement company -- according to the report.
Today, Home Depot is the largest home retailer in the world, and the company's stock price has almost doubled over the last year, according to Google Finance. But it wasn't so just a few years ago, when Home Depot's current CEO, Frank Blake, stepped in and turned the company around.
Ultimately, of course, Dimon did not bite. After 18 months adfrift, he became CEO of Bank One in 2000, and, after that bank merged with JPMorgan Chase in 2004, Dimon began his ascent to the top of what is now the biggest bank by assets.
Dimon has emerged as an outspoken defender of the financial industry, stepping up his lobbying in Washington, D.C., against financial regulation reform. JPMorgan has spent about $11 million on lobbying since the beginning of 2011, according to the Center for Responsive Politics.
Would he have done the same for the home improvement chain? The world will never know.
Related on HuffPost:
Trading Loss 'Puts Egg On Our Face'
Dimon said JPMorgan Chase's unexpected $2 billion loss on credit trades in May "<a href="http://www.huffingtonpost.com/2012/05/10/jpmorgan-chase-london-whale_n_1507662.html?ref=business" target="_hplink">puts egg on our face, and we deserve any criticism we get</a>."
Regulation 'The Nail In Our Coffin'
In March 2011, Dimon expressed his fear over new regulations, warning that higher capital requirements would be "pretty much the nail in our coffin for big American banks," according to the <a href="http://www.ft.com/intl/cms/s/0/3157bcbe-5b05-11e0-a290-00144feab49a.html?ftcamp=rss#axzz1IB5kVGLG" target="_hplink">Financial Times</a>.
Warning that limiting proprietary trading would also affect market making, <a href="http://www.cnbc.com/id/45986077/Jamie_Dimon_Regulators_Undermining_Economic_Objectives" target="_hplink">Dimon was quoted by CNBC</a>, "The United States has...the most liquid [capital markets in the world]. If you lose liquidity because you lose market making, you cost investors money."
'Little To Do With Financial Crisis'
"Proprietary trading had very little to do with the financial crisis," <a href="http://www.gurufocus.com/news/159099/interview--jpmorgan-ceo-jamie-dimon-on-regulation-volcker-rule-some-of-the-global-regulations-are-unamerican)" target="_hplink">Dimon told FOX Business Network Senior Correspondent Charlie Gasparino</a> in January, adding that "you can't even make markets for your clients" with the Volcker Rule.
Volcker 'Doesn't Understand'
"Paul Volcker by his own admission has said he doesn't understand capital markets," <a href="http://dealbook.nytimes.com/2012/04/06/what-volcker-rule-could-mean-for-jpmorgans-big-trades" target="_hplink">Dimon told FOX Business.</a> "He has proven that to me."
Volcker Rule Too Narrow
in February, Dimon asserted the Volcker Rule had been written too narrowly. "If you want to be trading, you have to have a lawyer and a psychiatrist sitting next to you determining what was your intent every time you did something," he was quoted as saying in <a href="http://news.businessweek.com/article.asp?documentKey=1377-aIjS6U8zr2Z8-1PEFKF7I5P2SI88Q43D587IV8L" target="_hplink">Businessweek</a>.