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Economy
Dow kicks out GM and Citigroup
2009-06-02
The Travelers Companies replaces the financial services company, while Cisco Systems fills in for the automaker.
Posted by:Fred

#7  GM is in bankruptcy. There are no shares to trade. It's not like DOW Jones had a choice.

Citigroup had lost 95% of it's value and is no way near the top 30 anymore.
Citigroup Market Cap: 19.35B
Cisco Market Cap: 112.88B
Posted by: ed   2009-06-02 13:54  

#6  Awesome. The DOW people did the right thing. To hell with socialism. It has no place in the stock market.
Posted by: Clegum Protector of the Welsh4635   2009-06-02 13:40  

#5  I hope the bewildered, profit making GM, non-union Republican dealerships that Gummit Motors dropped all become Toyota or Mitsubishi dealerships very soon.
Posted by: Besoeker   2009-06-02 08:14  

#4  Let's not get completely OTT.
Posted by: Bright Pebbles   2009-06-02 06:38  

#3  Obama Inc has hijacked the American automobile industry, banking system and entire economy. The Sovietization of the American way of life is well underway. Neo-Marxist bastards!
Posted by: Mark Espinola   2009-06-02 06:35  

#2  GM delisted from the Dow. I must admit that's a little more painful than I'd thought...
Posted by: Seafarious   2009-06-02 01:46  

#1  Mr. IWon is not amused....
Posted by: Barbara Skolaut   2009-06-02 01:27  

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