The Plunge Protection Team…also known as the “Insider Bankster Group Joined at the Hip to Hank Paulson”…(IBGJHHP)…is starting to come under scrutiny.

Pretty interesting stuff.

Our friend Chris Powell at GATA just posted the following article:

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Suspicions about Plunge Protection Team break onto CNBC Submitted by cpowell on Wed, 2008-11-19 03:01. Section: Daily Dispatches

9:58p ET Tuesday, November 18, 2008

Dear Friend of GATA and Gold:

Cable television network CNBC today could not escape a discussion of the possibility that the U.S. government has been intervening in the stock market to prop it up at crucial moments. The discussion occurred because the issue was pressed by a guest on the network’s morning program — Scott Nations, president of Fortress Trading in Chicago.

Nations could offer little more than his suspicions, but the utter lack of curiosity shown by the other market analysts on the program was deplorable. They rejected the possibility out of hand when plainly they