"GM, Citigroup out; Cisco, Travelers in" by Elizabeth Stanton, Bloomberg News | June 2, 2009
NEW YORK - General Motors Corp. and Citigroup Inc., crippled by the global recession, were removed from the Dow Jones industrial average and replaced by Cisco Systems Inc. and Travelers Cos....
Look for the DOW to GO UP because of the RIGGING!
When you SKIM the CREAM off the TOP and leave the GROUNDS for the rest, yeah, you will look pretty good, won't you?
Yup, you can see why the business posts have taken a dive. I'm sick of smoke up my ass; that's the wrong way.
By replacing GM with Cisco, Dow Jones & Co. has removed automakers from the best-known benchmark for US stocks, saying in an e-mail that computers are as central to the economy as cars were in the previous century....
Yeah, whatever.
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Gee, paper sure spends a lot of time and print space on cars for a declining industry. And then it ignores a burgeoning field like BLOGS!
Go figure: Globe's Guild Speaks
