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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (36772)4/27/1999 5:40:00 PM
From: bill meehan  Read Replies (1) | Respond to of 86076
 
I'm saying that I don't believe the Treasury has ever DIRECTLY injected money into the stock or equity futures markets.



To: MythMan who wrote (36772)4/27/1999 7:10:00 PM
From: NickSE  Read Replies (2) | Respond to of 86076
 
Plunge Protection Team
washingtonpost.com

In the event of a financial crisis, each federal agency with a seat at the table of the Working Group has a confidential plan. At the SEC, for example, the plan is called the "red book" because of the color of its cover. It is officially known as the Executive Directory for Market Contingencies. The major U.S. stock markets have copies of the commission's plan as well as the CFTC's.


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