Thursday, July 8, 2010

Does the Plunge Protection Team exist?

Two opposing views: one from the fringe (managed money) and the other from the establishment (media--managing perceptions, and investment banks--selling said perceptions). You decide the agendas.




Michelle Caruso, CNBC anchor: "David, we gotta cut you off..." Translation: "you're speaking the ugly truth and we can't have that on financial TV. We need cheerleaders, not chicken littles."

No comments:

Post a Comment