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Definition of 'Plunge Team'
A colloquial reference to a group of economic leaders within the United States whose purpose is to ensure the nation's financial markets are efficient, competitive, and provide confidence for investors.
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Investopedia explains 'Plunge Team'
Created by Ronald Reagan in 1988 to deal with the crash of 1987, the group was formed due to Executive Order 12631.
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Search results for 'Plunge Team'
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http://stocks.investopedia.com/stock-analysis/2011/U.S.-Bancorp-Worth-Checking-Out-USB-ZION-BPOP-TCB-PJC-C-BAC0420.aspx
... to play the recovery in financial services without taking the plunge on more ... either of those companies, and Wall Street generally trusts this management team. ...
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http://www.investopedia.com/articles/02/111302.asp
... investment vehicles, investors should think twice before taking the hedge fund plunge. ... Led by Wall Street trader John Meriwether and a team of finance wizards ...
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http://www.investopedia.com/articles/mortgage-real-estate/08/mortgage-application-rejected.asp
... What's more, not only will your credit score plunge, but your cosigner's will too ... about the housing bubble, see Why Housing Market Bubbles Pop.) 6. Team Up With ...
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