JPMorgan (JPM -1.8%) drags on the Dow (now down just 30 points) as the Feds are investigating...

|About: JPMorgan Chase & Co. (JPM)|By:, SA News Editor

JPMorgan (JPM -1.8%) drags on the Dow (now down just 30 points) as the Feds are investigating whether the bank was more or less complicit with Bernie Madoff. Meanwhile, Madoff pens a letter from the clink saying banks he dealt with had to have known about his Ponzi scheme. The NYT adds it up and finds 8 federal agencies are investigating the Bank of Dimon.