Author Topic: DOW kicks out AIG  (Read 302 times)

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DOW kicks out AIG
« on: September 18, 2008, 10:17:07 AM »
Source: CNN

Big Insurance is out. Big Food is in.

American International Group, the beleaguered insurance giant, will no longer be a part of the Dow Jones industrial average starting next week.

Dow Jones & Company, which oversees the 30-stock index, said that Kraft Foods (KFT, Fortune 500) will take AIG's place.