Weill grabbed hold of sleepy consumer finance company Commercial Credit and used it as his vehicle for conquering the banking industry.

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When Weill and a small band of associates took over Commercial Credit , a mediocre finance company in Baltimore, the tale of infusing its branch managers with the spirit of personal entrepreneurship is a model of dynamically growing a tired franchise.

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JPMorgan is taking money through the Treasury's capital plan, but the diverse commercial bank company has endured the credit crisis relatively well compared with others.

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Weill, who built the company in a series of acquisitions starting in the late 1980s, when he rescued a little Baltimore commercial credit firm, said the financial conglomerate model now under fire at Citi and elsewhere is a solid model and worth fighting for.

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