Has a Dow Jones index component ever gone bankrupt?

Discussion in 'Stocks' started by crgarcia, Dec 10, 2008.

  1. While they are part of the Dow Jones index?

    Or Dow always dumps companies with problems?
  2. Texaco
  3. daybyday


    How does an oil company go bankrupt for crying out loud?

    Mismanagement, perhaps?
  4. Surdo


    LEH was a Dow Jones Financial Services component, you did not say DJIA.
  5. me2


  6. clacy


    How does any company go bankrupt? They were spending more than they were bringing in. You do realize that oil hasn't alway traded above $145/bbl and gasoline hasn't always been $3-4/gallon?

    Look at the oil bust of the 80's. That market was decimated.
  7. GM AIG close enough
  8. Illum


  9. US Cordage made stuff for Horse based transportation (Buggy Whips,ropes etc..)
  10. i would add C to the list.
    #10     Dec 11, 2008