Column
Opinion

Moral hazard

After the stock market crash of 1987, measures were taken to prevent a new financial drama in the future. Under Ronald Reagan, “The President's Working Group on Financial Markets”, now better known as the Plunge Protection Team, was formed in 1988.

Register or log in to continue reading. Investment Officer is an independent journalism platform for professionals working in the Luxembourg investment industry.

A subscription is free for professionals working at banks and independent asset managers.