On Nov 9, 2006, at 3:29 PM, tfast wrote:
> Was there not an orchestrated stabilization during the Asian Financial
> Crisis? Do the treasury and fed ever intervene directly to stabilize
> markets?
In some sense, yes, and it'd be nuts of them not to, wouldn't it? But the conspiracy version really has the PPT setting up traders in safe houses to prevent bear markets from developing. Didn't work too good from 2000-2002.
Doug