BUSINESS
10/16/2009 05:12 am ET Updated May 25, 2011

Madoff Account Made JPMorgan $483M: Linus Wilson

J.P. Morgan Chase & Co. generated nearly half a billion dollars in profits from serving Bernie Madoff, according to data compiled by a well-known finance professor.

The bank served as Mr. Madoff's vault starting around 1992, when the Ponzi schemer opened an account in which he deposited clients' cash.

Read more on Crain's New York Business