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JPMorgan’s New CIO Tied to Madoff, U.S. Treasury, LTCM – TheStreet

Matt Zames, the executive tapped to take over management of JPMorgan Chase(JPM_)’s chief investment office (CIO), has a controversial resume…

Zames allegedly told a colleague about suspicions regarding Bernie Madoff some 18 months before his Ponzi scheme was revealed to the public.

He also worked at Long Term Capital Management, the now-infamous hedge fund comprised of top academics and Nobel Prize-winning economists whose blow-up rattled global markets in the late 1990s.

Zames also heads the Treasury Borrowing Advisory Committee, a Wall Street committee that advises the U.S. Treasury on managing its debt.

via JPMorgan’s New CIO Tied to Madoff, U.S. Treasury, LTCM – TheStreet.

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