Intrade says bailout will not pass house

Discussion in 'Wall St. News' started by killATwill, Sep 29, 2008.

  1. dinoman


    Thats for Monday and they already said it won't be done until later in the week. That trade should be 0.
  2. good catch, dinoman. are yo sure they are not refering to the house by the generalist term 'congress'?
  3. sho-tim


    Yes, unclear to me whether they are talking about house or house and senate. House to vote today, senate wed? Maybe lack of clarity is why the contract is bid where it is, (currently about 14. And the contract expires tomorrow, not today.

    In a related matter, europe nationalizes bradford and bingly and bails out fortis and one other. Aren't these the people (countries) that were laughing at the US last week? Why yes, I think they are.
  4. intrade is worthless

    edit....intrade isn't as worthless as the original post. maybe the original poster could have stated the contract he is talking about ends tuesday.