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Pentagon's Futures Market Plan Condemned

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NNN0LHI Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-28-03 06:27 PM
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Pentagon's Futures Market Plan Condemned
http://story.news.yahoo.com/news?tmpl=story&cid=542&ncid=716&e=5&u=/ap/20030728/ap_on_go_ca_st_pe/terror_market

WASHINGTON - The Pentagon (news - web sites) is setting up a commodity-market style trading system in which investors would be able to bet on political and economic events in the Middle East — including the likelihood of assassinations and terrorist attacks.


Two Democratic senators said Monday they want the project stopped before investors begin registering this week.

The Pentagon office overseeing the program said it was part of a research effort "to investigate the broadest possible set of new ways to prevent terrorist attacks." It said there would be a re-evaluation before more money was committed.

The Policy Analysis Market is intended to help the Pentagon predict events in the region based on investors' information or analyses.

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otohara Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-28-03 06:32 PM
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1. Dupe
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