| Date: | Monday November 17, @03:34PM |
|---|---|
| Author: | ewing2001 |
| Topic: | Bush |
| from the CNN dept. | |
CNN Money -November 17
A U.S. government plan to create a market allowing traders to bet on the likelihood of terror attacks and other events in the Middle East has been revived by the private firm that helped develop it.
The market, called the Policy Analysis Market (PAM), will allow traders to buy and sell contracts on political and economic events in the Middle East, including assassinations, the overthrow of regimes and terrorist attacks. The market is scheduled to start trading next spring.
It originally was developed and funded with the assistance of the Defense Department...
...The Pentagon's partners in the venture would have been San Diego-based market technology firm Net Exchange and the Economist Intelligence Unit, publisher of the Economist magazine.
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printed from Terror futures market back in business on 2004-04-08 06:25:39