Plunge Protection Team Now Official

By Todd Harrison  JAN 09, 2008 12:45 PM

What was once conspiracy theory is now an accepted and acknowledged policy tool.

 


I've been digesting this article in The Telegraph.  Not that the Plunge Protection Team is a shocker.  We've spoken about the Unusual Suspects for a long time and have been monitoring the Invisible Hand since.  It's out there and what was once conspiracy theory is now an accepted and acknowledged policy tool.

A few thoughts:

No positions in stocks mentioned.