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First Asset Morningstar Emerging Markets Composite T.EXM.A



TSX:EXM.A - Post by User

Post by gabrielgrayon Oct 16, 2007 10:10pm
407 Views
Post# 13584588

The Plunge Protection Team

The Plunge Protection TeamThe Working Group on Financial Markets has been in the news lately, and Shanghai may soon be dialing 1-800-CRASHBUSTERS. I found this 10 year old article from the Washington Post, that is a very interesting history of the PPT, and is well worth a read if you wonder who they are and what can do for you. https://www.washingtonpost.com/wp-srv/business/longterm/blackm/plunge.htm If they could actually do what they think they can do, the financial world is fresh out of Black Swans. Forever. But they can't, as we'll find out soon enough.
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