Skip to comments.Plot thickens in the battle of 'The Plunge'
Posted on 02/11/2010 3:14:34 AM PST by Scanian
The Treasury Department has records of the secret meetings that its President's Working Group on Financial Markets held to discuss the troubled financial markets, after all.
That doesn't mean Washington wants us to know what was discussed, or whether Wall Street executives were in the meetings.
The working group was founded by President Reagan back in 1989, after the stock market nearly sustained its second big crash in two years.
Placed under the Treasury's jurisdiction, it lay dormant for years. It has been nicknamed The Plunge Protection Team because many people -- including me -- believe that in recent years it has been used to stabilize markets.
(Excerpt) Read more at nypost.com ...
According to Foxnews last night, Obama says the million dollar bonuses to Goldman Sachs and AIG are okay because he says so. The fact that they supported him big time with wads of cash is irrelevant, and the fact that he’s campaigning for 2012 and building a war chest is also irrelevant.
Futures are up today. We live in interesting, historic times. Machiavelli would be proud.
I never trusted Paulson or anyone from Goldman Sachs.
Goldman Sachs is the Wall Street wing of ACORN, and is very loyal to liberals.
You’ve got it!
If true conservatives ever take over the government I hope that a special prosecutor is appointed to thoroughly investigate that snake pit.