On the one hand, it might actually be very useful to show expectations of global events.
On the other, traders tend to know an awful lot about American markets and commodities (and their sources), but why should we expect their knowledge of terrorism to be good enough to reflect real events. Also, I'm not sure it's a good idea to add a financial incentive to terrorist events happening. "I'll have $200 on Bush being assassinated please".
I'd make that bet, but I'd probably be arrested. Hell, I'll probably be monitored for this comment. ^_^ Though, seriously, with the way things are it's probably not a bad prediction. The FBI's incompetent, and the SS is probably demoralized and overworked.
Though, if someone bets big on assassinating a major political figure or movie star, and then carries it out himself, can he collect?
no subject
Date: 2003-07-29 06:40 am (UTC)On the other, traders tend to know an awful lot about American markets and commodities (and their sources), but why should we expect their knowledge of terrorism to be good enough to reflect real events. Also, I'm not sure it's a good idea to add a financial incentive to terrorist events happening. "I'll have $200 on Bush being assassinated please".
no subject
Date: 2003-07-29 08:19 am (UTC)Though, if someone bets big on assassinating a major political figure or movie star, and then carries it out himself, can he collect?
Beeb?
Date: 2003-07-29 08:13 am (UTC)no subject
Date: 2003-07-29 08:17 am (UTC)no subject
Date: 2003-07-29 11:44 am (UTC)