Comment on Does government save down markets?

Does government save down markets?

Dear John: Why the hell didn’t that Plunge Protection Team stop the markets from plunging 50 percent or so between 2007-2009? Can’t they put a stop to selling at, say, a 20 percent loss or so? Damn! J.B. Dear J.B.: Who said the Plunge Protection Team didn’t intervene to stop the market slide during the...

 

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