Well-Known Financial Analyst Says PPT Manipulates the S&P 500 → Washingtons Blog
Well-Known Financial Analyst Says PPT Manipulates the S&P 500 - Washingtons Blog

Saturday, November 22, 2008

Well-Known Financial Analyst Says PPT Manipulates the S&P 500

Frequent Bloomberg and CNBC commentator Scott Nations, President of Fortress Trading - a Chicago-based firm that trades options and futures - said in a CNBC interview that the PPT (Plunge Protection Team) manipulates the S&P 500.

This isn't big news, but it is impressive that Nations discussed the PPT on a mainstream news program.

Watch for yourself.


3 comments:

  1. Look here for more on plunge protection team :

    Mike Whitney article included but I put the whole blog post so you can see things in context:

    http://www.americanjourneyblog.com/search/label/plunge%20protection%20team

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