does uncle sam have plunge protection team.?

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does uncle sam have plunge protection team.?

Im thinking from 87 wallstreet crash Plunge Protection Team of the Fed did a little mop up for the peeps at wallstreet

2007-05-20 23:32:14 · 1 answers · asked by ram456456 5 in Politics & Government ➔ Law & Ethics

1 answers

I know that there are automatic programs that kick in when the DOW goes up or down a certain amount. It was put in to stop triggering computer generated trading in wildly fluctuation markets.

The below site is for 2002.

2007-05-22 03:52:51 · answer #1 · answered by SPLATT 7 · 0⤊ 0⤋