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4%  
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  • Is Plunge Protection Team Bailing Out General Motors

    07/05/2006 3:05:42 PM PDT · by toaster · 20 replies · 794+ views
    It is now an open secret that when President Ronald Reagan signed Executive Order 12631 on March, 18, 1988, he formed a cabal of Washington-Wall Street insiders, officially known as, the Working Group on Financial Markets, unofficially referred to as, The Plunge Protection Team. The PPT’s goal is to do whatever is necessary to keep markets operating under any conditions and to act to maintain confidence in the financial system, whatever that takes. If the group thinks something is a threat to the financial system, they will do what is necessary to reverse the situation...Could it be that in the...