In the News: GM and Big C Out – BofA next?
Citigroup and GM have officially been booted out of the Dow. Their replacements come in the forms of Cisco (replacing GM) and Travelers (replacing Citigroup – that’s a kick in the coin purse, isn’t it, Citigroup?)
According to the committee on all these Dow Jones, BofA could very easily be next on the chopping block, and is already in the line of fire. BofA should definitely tread softly and pay back the government funding (or at least show progress towards that goal) as quickly as possible if it wants to keep playing with the Dow’s big boys (and girls, because let’s not gender discriminate here).
