Loading ...I believe the seller would be……
The President’s Working Group on Financial Markets, known colloquially as the Plunge Protection Team, or “” was created by Executive Order 12631, signed on March 18, 1988, by United States President Ronald Reagan. As established by the executive order, the Working Group has three purposes and functions: “Recognizing the goals of enhancing the integrity, efficiency, orderliness, and competitiveness of our Nation’s financial markets and maintaining investor confidence, the Working Group shall identify and consider: The Working Group shall consult, as appropriate, with representatives of the various exchanges, clearinghouses, self-regulatory bodies, and with major market participants to determine private sector solutions wherever possible.
The key words for me are “ maintaining investor confidence.”
We know that our financial “markets” are nothing more than a shell game. The crooks will do anything to keep the games going…..
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