Born out of the 1987 crash, the team is formally known as the Working Group on Financial Markets. It was created by Executive Order 12631, signed on March 18, 1988 by President Reagan.
And under Sec. 2 of the order, its "Purposes and Functions" were stated as follows:
(2) Recognizing the goals of enhancing the integrity, efficiency, orderliness, and competitiveness of our Nation's financial markets and maintaining investor confidence, the Working Group shall identify and consider:
the major issues raised by the numerous studies on the events (pertaining to the) October 19, 1987 (market crash and consider) recommendations that have the potential to achieve the goals noted above; and
. . . governmental (and other) actions under existing laws and regulations. . . that are appropriate to carry out these recommendations.
Working in secret, the group consists of
the President
the Treasury Secretary as chairman;
the Fed chairman;
the SEC chairman;
and the Commodity Futures Trading Commission chairman.
Did you hear PPT: Plunge Protection Team?
所有跟帖:
• 谢谢消息。但是这不表示这个PPT要通过GS一个分析师来影响市场 -刘大叔- ♂ (199 bytes) () 10/07/2009 postreply 20:43:46