“Smokin’ cigars and talkin’ big,” is a favorite tongue-in-cheek phrase, if not pastime, of Iowa farm boy turned commodities tycoon and former Refco chairman Tom Dittmer. The futures business in 1970s Chicago was like the Wild West, and Dittmer was a maverick and gunslinger with the best (and worst) of them. In a place and time like no other in business history, Dittmer was smack in the middle, pushing, shoving, and above all, persevering.
Raised by a single mother, young Dittmer had barely…
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