I’ll take dirty bomb in LA for $800, Alex
Via Unknown News, the terror futures market has been revived by a private firm.
These futures markets have provided valuable info in the past. It’s a shame we’re too politically correct to think. Even the new version is watered down:
CNN/Money incorrectly reported Monday that the market would be much like the one that was backed by the Defense Department, which would have allowed traders to create contracts for, say, whether Yasser Arafat would be assassinated.
But subsequent e-mail correspondence with Charles Polk, president of San Diego-based Net Exchange, the company trying to relaunch the market, made it clear that traders won’t be able to create contracts for such events. The possibility of such a contract under the first plan ignited a political firestorm that forced the Pentagon to drop its support for the market.
