A milestone for the Linux biz

[Richard Chonak]

Derek Martin wrote:
> On Sat, Jul 18, 2009 at 05:41:51PM -0400, Richard Chonak wrote:
>> Nathan Meyers wrote:
>>> Richard Chonak wrote:
>>>> After the market close today, Standard & Poor's announced that Red Hat 
>>>> will be added to the S&P 500 index in a week's time, replacing Citigroup.
>>>>   
>>> Small correction: CIT Group, not Citigroup.
>>>
>>> Nathan
>>
>> Quite so.   The latter is the old and IMHO better-known name associated 
>> with the firm, still used on-air by business reporters.
> 
> CIT Group and Citigroup are two different financial services
> companies.  CIT group was founded in 1908 and is headquartered on 5th
> Ave, and is the holding company for CIT Bank (NYSE: CIT); Citigroup
> was founded in 1812 and is headquartered on Park Ave, operating
> Citicorp and Citi Holdings (NYSE: C).
> 

Thanks for the correction!