Did you hear PPT: Plunge Protection Team?

回答: 事情会不会是这样的六班副2009-10-07 19:49:47

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.

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