News, analysis and personal reflections on the markets & the financial sector

Monday, January 12, 2009

Nasdaq index to track firms that receive government aid

Nasdaq OMX Group is planning to launch the Government Relief Index, the first of several planned products that will track firms getting government aid to weather the financial crisis. GRI will track 24 companies that have received at least $1 billion from the Troubled Asset Relief Program. Other planned products will track companies that have received state aid.

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