The Traderszone Network

Published in TZ Latest News 23 June, 2014 by The TZ Newswire Staff

Behold: The Federal Reserve’s First Plunge Protection Team

By now everyone knows (even though as recently as several years ago it was a taboo “conspiracy theory”) that the Plunge Protection Team is nothing but the traders located on the 9th floor of the New York Fed at 33 Liberty street, which transact either unilterally (because it is within their mandate) when buying (never selling) fixed income securities, or via Citadel when it comes to selling VIX or buying index futures to ramp the market at just the right time and break a

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