Conoco Phillips is a no-go; because of Chevron and Exxon.
Also, remember that Altria spun off Kraft and Philip Morris International. Altria was delisted after the PM spinoff. AIG folding may have been a lazy excuse to return a piece of this old conglomerate to the Dow 30.
JPMorgan Chase: Poisoned by Bear's 5,000 Counterparties [View article]
On Dec 14 09:14 AM Herbert Hoover wrote:
> The Ponzi scheme begins to unwind. Coming next: Bernie Madoff to
> head the Federal Reserve Bank
The Dow Adds Kraft [View article]
Conoco Phillips is a no-go; because of Chevron and Exxon.
Also, remember that Altria spun off Kraft and Philip Morris International. Altria was delisted after the PM spinoff. AIG folding may have been a lazy excuse to return a piece of this old conglomerate to the Dow 30.