Re: Paulson activates market-meltdown containment team
On Nov 9, 2006, at 12:33 PM, Gary Mongiovi wrote:
This interesting item seems not to have turned up on US radar screens:
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2006/10/30/ccview30.xml
This is a staple of the conspiracy community. Google “plunge
protection team” and you’ll get something like 750,000 hits. Note
that the first hit is a 1997 Washington Post article by Brett Fromson
http://www.washingtonpost.com/wp-srv/business/longterm/blackm/plunge.htm. I happened to meet him a few months ago - he now runs a
hedge fund that invests in other hedge funds - and he regrets ever
having written it.
Doug