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The Working Group on Financial Markets (colloquially the Plunge Protection Team) was established explicitly in response to events in the financial markets surrounding 19th October 1987, known as Black Monday.

They were to give recommendations for solutions for "enhancing the integrity, efficiency, orderliness, and competitiveness of financial markets and maintaining investor confidence".

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The Working Group on Financial Markets (colloquially the Plunge Protection Team) was established explicitly in response to events in the financial markets surrounding 19th October 1987, known as Black Monday.

They were to give recommendations for solutions for "enhancing the integrity, efficiency, orderliness, and competitiveness of financial markets and maintaining investor confidence".

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