Thursday, August 18, 2016

Zero Hedge: NY Fed buys building housing Plunge Protection Team

February 29, 2012 by · Leave a Comment 


8:30a ET Wednesday, February 29, 2012

Dear Friend of GATA and Gold:

Zero Hedge’s pseudonymous Tyler Durden yesterday noted the purchase by the Federal Reserve Bank of New York of the Wall Street building from which the Fed conducts its surreptitious market interventions. The commentary is headlined “New York Fed Buys Building Housing Plunge Protection Team” and it’s posted here:


It refers to Zero Hedge commentary from 2009 about “the world’s most important trading desk,” the Fed’s own on the ninth floor of that building:


CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

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