"Plunge Protection Team"...Thank you, I never heard of them and I Iearned something new today.
"Key Takeaways The "Plunge Protection Team" (PPT) is a colloquial name given to the Working Group on Financial Markets by The Wall Street Journal. The Plunge Protection Team's official mission is to advise the U.S. president during times of economic and stock market turbulence. Critics fear the Plunge Protection Team doesn't just advise, but actively intervenes to prop up stock prices—colluding with banks to rig the market, in effect."
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