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PPT - "plunge protection team" On March 18, 1988, Ronald Reagan signed Executive Order 12631. Below is an excerpt from Executive Order 12631 - Working Group on Financial Markets - Mar. 19, 1988; 53 FR 9421, 3 CFR, 1988 Comp., p. 559: 'By virtue of the authority vested in me as President by the Constitution and laws of the United States of America, and in order to establish a Working Group on Financial Markets, it is hereby ordered as follows: Section 1. Establishment. (a) There is hereby established a Working Group on Financial Markets (Working Group). The Working Group shall be composed of: 1) the Secretary of the Treasury, or his designee; 2) the Chairman of the Board of Governors of the Federal Reserve System, or his designee; 3) the Chairman of the Securities and Exchange Commission, or his designee; and 4) the Chairman of the Commodity Futures Trading Commission, or her designee. http://finance.yahoo.com/news/What-or-Who-is-Driving-up-etfguide-1348236303.html?x=0&.v=1 'We cannot identify the source of the money that pushed stock prices up so far so fast.' More specifically, the source of about $600 billion net new cash necessary to lift the market's overall capitalization by $6 trillion last year could not be identified.' ... 4 ludia...rad by som bol vedel co si naplanaju/vali, zial osobne ich nepoznam a zial ani ich "kamosov" ;)) len tolko k "neviditelnej ruke" trhu ;PP |
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