On Monday, General Motors (GM) - Get General Motors Company (GM) Reportfiled for bankruptcy protection under Section 363, with plans to cut its debt by more than half by Sept. 1. The bankruptcy is the largest industrial bankruptcy in the history of the U.S.
On June 8, GM and
. GM had been a Dow component for almost 84 consecutive years.
is the only current component whose Dow run, which began in 1907, has been longer.
Also on Monday, Citigroup and
a month earlier than expected.
With this in mind, we thought we'd take a look at what Jim Cramer's had to say about some of the stocks in the news lately.
To read more,
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