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Tag Archives: attorney general

Details on how the Federal Reserve will TRY to crash real-money prediction exchanges InTrade-TradeSports and MatchBook

Written by Chris F. Masse on April 2, 2008 — Leave a Comment

Via Betting Market, the Federal Reserve:

Louise L. Roseman, Director, Division of Reserve Bank Operations and Payment Systems
Internet gambling
Before the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology, Committee on Financial Services, U.S. House of Representatives
April 2, 2008
Chairman Gutierrez, Ranking Member Paul, and members of the Subcommittee, I am pleased to appear before you [...]

Posted in Regulations | Also tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Never talk when you can nod, and never nod when you can wink, and never write an e-mail because it’s death. You’re giving prosecutors all the evidence we need.

Written by Chris F. Masse on March 12, 2008 — Leave a Comment

Dixit Eliot Spitzer, the then-New York attorney general.
Frightening.
New York Post
Reason magazine
ABC News
Wall Street Journal
Wall Street Journal
Slate
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Psstt… Somebody registered Client9.com just after news broke…

Posted in Exchanges & Markets, Humor, Market Prices & Probabilities | Also tagged , , , , , , , , , , , ,

Michael Mukasey is the next US Attorney General, according to InTrade-TradeSports.

Written by Chris F. Masse on November 8, 2007 — Leave a Comment

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The New York Times:
The Senate Judiciary Committee voted on Tuesday to approve the nomination of Michael B. Mukasey as attorney general despite opposition from most of the committee’s Democrats over Mr. Mukasey’s refusal to label a harsh interrogation technique used on terrorist suspects as torture.
Protesters opposed the Mukasey nomination and votes of two Democratic senators.
The [...]

Posted in Exchanges & Markets, Market Prices & Probabilities | Also tagged , , , , , , , , ,

RESIGNATION OF US ATTORNEY GENERAL ALBERTO GONZALES

Written by Chris F. Masse on August 28, 2007 — 1 Comment

UPDATE: Steve Bass comments…
I think you’re reading the contract wrong. The April, May, June, and July lines are all “Gonzales will leave his post in [insert month].” The August contract is different. Instead of “Gonzales will leave his post in August,” the contract is “Gonzales will keep his job until at least August 1st.” [...]

Posted in Analysis (Accuracy & Precision), Exchanges & Markets, Market Contract Statements, Market Expiry, Market Prices & Probabilities | Also tagged , , , , , ,

Once again, resignation prediction markets failed to the task.

Written by Chris F. Masse on August 27, 2007 — 4 Comments

US Attorney General Alberto Gonzales resigns. More. (Good riddance, by the way.)

Doug Mills / The New York Times
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Once again, Chris Masse was right on the money:
[...] Just like the Olympic City prediction markets, the resignation prediction markets are rarely predictive because there aren’t any reliable advanced indicators to guide the traders. The Olympic committee is [...]

Posted in Analysis (Accuracy & Precision), Analysis (Meta), Exchanges & Markets, Market Expiry, Market Prices & Probabilities | Also tagged , , , , , , , , ,

REPORTS OF THE BETCHA.COM DEMISE HAVE BEEN GREATLY EXAGGERATED.

Written by Chris F. Masse on July 12, 2007 — Leave a Comment

[This blog post is cross-posted from Nicholas Jenkins' blog post at Betcha.com.]
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Yesterday, the Seattle Post-Intelligencer ran a story entitled “Betting web site’s computers seized.” Within hours, bloggers and other news outlets picked up the story and translated it into something akin to “Betcha shut down.”
Problem: the translation isn’t true. (WARNING: if tails of government bureaucrats [...]

Posted in Betting, Entrepreneurship, Exchanges & Markets, Regulations | Also tagged , , , , , , , , , , , , , , , , , , , ,

Betcha.com: On Steamroller Justice and Reports of our Demise

Written by Nick Jenkins on July 11, 2007 — Leave a Comment

Yesterday, the Seattle Post-Intelligencer ran a story entitled “Betting web site’s computers seized.” Within hours, bloggers and other news outlets picked up the story and translated it into something akin to “Betcha shut down.”
Problem: the translation isn’t true. (WARNING: if tails of government bureaucrats running roughshod over its citizens turns your stomach, stop reading [...]

Posted in All Guest Authors's Posts, Betting, Entrepreneurship, Exchanges & Markets, Regulations | Also tagged , , , , , , , , , , , , , , , , , ,

Senate Democrats are urging Republicans on the record about whether embattled Attorney General Gonzales should keep his job.

Written by Chris F. Masse on June 11, 2007 — 1 Comment

Wall Street Journal
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Alberto Gonzales will remain Attorney General through the rest of Bush’s presidency.

© NewsFutures

Posted in Exchanges & Markets, Market Prices & Probabilities | Also tagged , ,

Mid-term, US Attorney General Roberto Gonzales is toasted maybe not toasted yet.

Written by Chris F. Masse on May 26, 2007 — 1 Comment

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Alberto Gonzales will remain Attorney General through the rest of Bush’s presidency.

© NewsFutures
UPDATE: Alex Forshaw…
Intrade is saying that Gonzales probably _won’t_ be fired before September, and by December, little better than a coin toss.
Alex, the market-generated probabilities have changed a bit since I first posted. Thanks.

Posted in Exchanges & Markets, Market Prices & Probabilities | Also tagged , , , ,

The story of the United States attorney scandal should not end until Attorney General Alberto Gonzales is gone, and the serious damage that has been done to the Justice Department is repaired.

Written by Chris F. Masse on May 21, 2007 — Leave a Comment

New York Times – Editorial
New York Times: Senate Democrats have said they would bring a no-confidence resolution to the floor as soon as this week.
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Posted in Exchanges & Markets, Market Prices & Probabilities | Also tagged , , , ,
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