Monday, June 01, 2009

GM, Citigroup Bow Out of Dow

The Dow has dropped these "dead-weight" companies from the DJIA and "inexplicably" sees the market rise nearly 200 pts as of 10:30 this morning. GM filed for bankruptcy protection, Citigroup did not (as far as I know). Citigroup has not gotten the negative coverage GM has. I wonder why.

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