As if they did not already have their tentacles in everything else already, Too Big To Fail and depositor-insured hedge fund Goldman Sachs (GS) is about to become the most heavily-weighted component of the Dow Jones “Industrial” Average. Following Visa’s (V) moments ago announced 4:1 stock split, Goldman will now represent just shy of 7.00% of the DJIA.
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Imagine what fun they can have ‘buying back’ shares to ‘pin’ The Dow where they need it?
