PSA Kicked Off CAC 40 Index

Bad day for PSA and by association partner GM:  PSA Peugeot Citroen will be dropped from France's CAC 40 blue chip stock index, market operator NYSE Euronext told Reuters. To add insult to injury, the former blue chip will be replaced by a Belgian company, chemicals group Solvay. The Peugeot share lost about three quarters of its value over the past 18 months. If you were so inclined, you could buy a piece of PSA  for 6 euros today, down from around 21 euros when GM bought seven percent of PSA. from The Truth About Cars http://www.thetruthaboutcars.com

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