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Sad Trombones At Citigroup

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Citigroup, having suffered a blow to its pride on Friday, now getting kicked while it's down by Dow Jones. C out, TRV in.

Citigroup is being removed as "the bank is in the midst of a substantial restructuring which will see the government with a large and ongoing stake," said Dow Jones editor-in-chief Robert Thomson. "We genuinely hope that once the bank has refashioned itself that we will again be able to consider it for inclusion - Citigroup is a renowned institution, not only in this country, but around the world."

Related: Citi Center Landlord Enhancing Building's Prestige By Not Having Word "Citi" Anywhere Near It