[1]As if they did not already have their tentacles in everything else already, TBTF, and depositor-insured hedge fund Goldman Sachs is about to become the most heavily-weighted component of the Dow Jones "Industrial" Average. Following Visa's moments ago announced [5]4:1 stock split, Goldman will now represent just shy of 7.00% of the DJIA.
[6]
Imagine what fun they can have 'buying back' shares to 'pin' The Dow where they need it?
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Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/10841
[3] http://www.zerohedge.com/taxonomy_vtn/term/126
[4] http://www.zerohedge.com/taxonomy_vtn/term/197
[5] http://pressreleases.visa.com/phoenix.zhtml?c=215693&p=irol-newsarticlePR&ID=2011924
[6] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/01-overflow/20150129_GS.jpg
