After VISA's Stock Split, The Most Important Company In The Dow Jones "Industrial" Average Is...
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.
Imagine what fun they can have 'buying back' shares to 'pin' The Dow where they need it?
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