Intrade on the Chances of the Bailout Package Passing by September 30

Posted by Kendall Harmon

Price for US Government bailout plan to be passed by Congress at intrade.com

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2 Comments
Posted September 28, 2008 at 6:35 pm [Printer Friendly] [Print w/ comments]



1. Mike Watson wrote:

The reports I saw were that the Senate would likely vote on Wednesday, October 1.  This would seem to go a long way toward explaining the behavior of the chart, since the contract relates to approval on or before September 30.

Correct, Mike.  Harry Reid hinted toward that this afternoon and this market sank like a rock….

September 28, 9:45 pm | [comment link]
2. Mike Watson wrote:

I now hear John Bussey of The Wall Street Journal saying Senate action may occur on Tuesday.

September 29, 12:08 am | [comment link]
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