Speculative theory

Plunge Protection TeamAtlas

Economy & Corporations · Market manipulation & financial crises

The Plunge Protection Team is a colloquial name for the Working Group on Financial Markets. Some market commentators attribute sudden recoveries after sharp selloffs to covert intervention by a Plunge Protection Team.

Scores

LSI: 82
ESI: 70
PI: —
Prominence: 81

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Involved

event
Black Monday
person
Donald Trump
concept
Dow Jones Industrial Average
document
Executive Order 12631
corporation
Goldman Sachs
organization
New York Stock Exchange
concept
Plunge Protection Team
person
Steven Mnuchin
government agency
U.S. Department of the Treasury
government agency
White House
government agency
Working Group on Financial Markets

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