Tag Archives: US CFTC
Why does the CFTC allow the Cantor Exchange and not InTrade?
Joe Weisenthal has a small opinion piece on why the CFTC allows real-money prediction markets on movie business, and bans those on politics or sports. The problem in the piece is that Joe is 100% wrong.
Joe says that there can’t be hedging in politics. Wrong. You can hedge your political ads on InTrade.
Joe says that [...]
Ayn Rand’s influence on Alan Greenspan is responsible for the 2008 financial crisis.
Or so is PBS’s thesis in “The Warming”.
Pretty convincing.
ADDENDUM
Wikipedia:
Brooksley E. Born is an American attorney and former public official who, from August 26, 1996 to June 1, 1999, was chairperson of the Commodity Futures Trading Commission (CFTC), the federal agency which oversees the futures and commodity options markets. During her tenure on the CFTC, Brooksley [...]
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