Created by Executive Order 12631 in 1988 after Black Monday, the President's Working Group on Financial Markets -- dubbed the 'Plunge Protection Team' by The Washington Post in 1997 -- consists of the Treasury Secretary, Fed Chair, and heads of the SEC and CFTC. Sprott Asset Management published a 2005 report arguing there is 'little doubt' the PPT intervenes to prop up markets. The group never releases minutes of its meetings or recommendations.
The 'Plunge Protection Team' -- a secret government group that intervenes in stock markets during crashes
“There is a secret government team that actively intervenes in stock markets to prevent crashes, manipulating what should be free markets.”
📄 The Receipts
⚖️ The Record, Side by Side
What they said vs. what the evidence shows
⏳ The Vindication Timeline
From “crazy” to confirmed
The Claim Is Made
This is the moment they called it crazy.
📊 How Right We Were
The People Speak(120)
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