Conspiracy? Is Goldman Sachs Running the Plunge Protection Team? - Eben Esterhuizen, The Huffington Post, April 14, 2009
Conspiracy theorists have long claimed that the PPT manipulates U.S. stock markets by using government funds to buy stocks in the event of market dislocation, but skeptics argue that such an operation would be unworkable. Normally the manipulation is done directly by the central banks through their Open Market Operations facility and their secret bank accounts on the international clearing platforms... (more)
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