Another great idea down the crapper

[flavio]

The Pentagon has scrapped a planned online futures market that aimed to get information on Middle East events by letting investors bet on the probability of wars, terrorist attacks and assassinations.

http://uk.news.yahoo.com/030730/80/e56g4.html


I wonder what kind of odds you would be able to get on terrorists hitting Graceland?

 

[chcr]

I saw that on the news. Makes you wonder what nose-picking morons ever thought that was a good idea. Oh yeah, never mind.

 

[Gonz]

Since Reuters had the story take it with a grain of salt

Poindexter to Quit Pentagon Post Amid Controversy
Thu July 31, 2003 01:59 PM ET

WASHINGTON (Reuters) - John Poindexter, the retired Navy admiral who spearheaded two sharply criticized Pentagon projects, intends to resign from his Defense Department post within weeks, a senior U.S. defense official said on Thursday.
"It's my understanding that he ... expects to, within a few weeks, offer his resignation," the official, speaking on condition of anonymity, told reporters.

Poindexter was involved with the Defense Advanced Research Projects Agency's abandoned futures-trading market for predicting assassinations, terrorism and other events in the Middle East, and earlier with the so-called Total Information Awareness program that drew fire from civil rights groups.

 

[ris]

perhaps your cynicism should be taken with some salt too, the bbc are running the same story.

bbc - terror market creator to resign

 

[chcr]

I saw it on Fox, ABC, NBC, and that other news network that shall remain nameless.