PLUNGE (MARKET MANIPULATION) PROTECTION TEAM FROM 1987

http://tv.globalresearch.ca/2013/03/systemic-collapse-brief-history-market-manipulation?utm_source=rss&utm_medium=rss&utm_campaign=systemic-collapse-a-brief-history-of-market-manipulation
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WITH SOME RECENCT HISTORY FROM THE 1980'S HUNT BROTHERS FIASCO PRESIDENT RONALD REGAN "

On October 19, 1987, stock markets around the world crashed, from Hong Kong to Europe to the US. The Dow Jones plummeted over 22% in a matter of hours.

Ostensibly in response to this crisis, President Reagan signed into law Executive Order 12631 establishing a body formally known as the “President’s Working Group on Financial Markets.” This body, famously dubbed the “Plunge Protection Team” by the Washington Post in 1997, is explicitly mandated to “maintain investor confidence” in US markets through whatever actions it deems necessary.

http://www.dailymarkets.com/stock/2011/10/19/the-october-19-1987-market-crash/ 

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THE ABOVE LINK FOR THOSE THAT WOULD LIKE TO KNOW EXACTLY WHAT HAPPENED ON MONDAY OCTOBER 19TH 1987 WITH CHARTS (THIS IS A LOOK AT  THE VERY NEAR FUTURE WILL BE ONE FRIGHTFUL MORNING GET PREPARED IT ALSO CLEARS UP THE TALK OF MANIPULATION IN THE MARKET AND HOW PPT WAS ABLE TO BE GIVEN TE ABILITY TO DO SO NO MATTER THE CIRCUMSTANCES) AND BELOW IS MORE ON THE DEFINITION OF THE PLUNGE PROTECTION TEAM THAT RONALD REGAN CABINET CREATED THE TERM COINED IN 1997.

 A colloquial name given to the Working Group on Financial Markets. The Plunge Protection Team was created to make financial and economic recommendations to various sectors of the economy in times of economic turbulence. The team consists of the Secretary of the Treasury, the Chairman of the Board of Governors of the Federal Reserve, the Chairman of the SEC and the Chairman of the Commodity Futures Trading Commission.

Investopedia explains 'Plunge Protection Team - PPT'

"Plunge Protection Team" was the nickname given to the Working Group by The Washington Post in 1997. The team was initially perceived by some to have been created solely to shore up the markets or even manipulate them. The team was created in response to the 1987 market crash.
Read more: http://www.investopedia.com/terms/p/plunge-protection-team.asp#ixzz2MxU8aZfD