Re: Paulson activates market-meltdown containment team
On Nov 9, 2006, at 3:29 PM, tfast wrote:
Was there not an orchestrated stabilization during the Asian Financial Crisis? Do the treasury and fed ever intervene directly to stabilize markets?
In some sense, yes, and it’d be nuts of them not to, wouldn’t it? But
the conspiracy version really has the PPT setting up traders in safe
houses to prevent bear markets from developing. Didn’t work too good
from 2000-2002.
Doug