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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Al Greenleaf who wrote (32668)5/23/2012 9:04:25 PM
From: FCom777  Respond to of 218725
 
Yes, the PPT was initially formed in response to the 88 market "crash". Think it was originally fairly weak but in the late 90's with the influence of Rubin, Summers and Greenspan it greatly expanded its "operations". Seems like under Paulson, Geithner, etc. its influence ratcheted up again and the banksters and hedge funds were brought into the club.

Now, its influence is just plain off scale ...