December 25, 2009

Deceptive Man of The Year


"Mr. Bernanke, is someone rigging the stock market?"
[. . .]
"There were simply too many days when exuberant buying in the opening minutes of trading in New York would reverse a down market that was being inherited from earlier trading in Asia or Europe.

Add to that the President's Working Group on Financial Markets, lovingly known around Wall Street as the "Plunge Protection Team," and the fact that Paulson regularly referred to meetings that the group had, though the Treasury would never -- or could never -- produce the minutes of those meetings."

Goldman factor haunts Bernanke's testimony
John Crudele
New York Post
Last Updated: 2:59 AM, December 22, 2009
Posted: 1:41 AM, December 22, 2009

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