Plunge Team
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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