Art Cashin Video Interview on Plunge Protection Team

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Analysis:

Art Cashin weighs in on the Plunge Protection Team in this CNBC interview video. According ... (read more)

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Realscoop5

Date and Time:

Friday December 05th 2008 04:05 PM

Tags:

Art Cashin Plunge Protection Team

Categories:

Finance: Wall Street



Analysis

Art Cashin weighs in on the Plunge Protection Team in this CNBC interview video. According to Cashin, the group does not exist, and the corresponding conspiracy theories that circulate on Wall Street are exactly that. Interestingly, though Cashin seems very eager to discount the group altogether, the Believability Meter thinks he may know more than he's letting on. Particularly when Cashin talks about "the black helicopter crowd," the Believability Meter shows red. perhaps Cashin himself is a member and his irritation is just a cover. Are you on the Plunge Protection Team?

 

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