Plunge Protection Team?

or Register to post new content in the forum

 

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Nov 14, 2008 2:49 pm

Does the Plunge Protection Team really exist in the sense that the Working Group is being used to prop up the markets during downturns.  Did they act yesterday?  Are they acting today? <?: prefix = o ns = "urn:schemas-microsoft-com:office:office" />


 


I thought a little conspiracy theory would be fun.


 


--WM

Nov 15, 2008 11:50 am

I think that theory has been put to rest.

Nov 15, 2008 12:20 pm

Anyone see the futures?  Saw 'em for the first time this morning, -5% across the boards.  Plunge protection team, where are you?

Nov 18, 2008 11:51 pm

W/O the PPT we would now be in the dark.. The PPT will keep this facade going for a few more....