"Mitt Romney to be indicted by Justice Department before Dec. 31, 2012" Intrade query

[grantcart]

As Romney shares head south for the 40 mark one investor asks

http://www.intrade.com/v4/markets/contract/?contractId=743475

Roothlus wrote on Jul 12, 2012 18:41:39 #

should we make a new market for "Mitt Romney to be indicted by Justice Department before Dec. 31, 2012"?

Why yes we should Roothlus, yes we should, lol.

[librechik]

1. ah! the realists weigh in!

thx, intrade--

[bluestateguy]

2. Zero chance before the election

Election campaign indictments are never a good idea; such only gives the other side the ability to claim they are politically motivated (even if there is merit to the charges).

The best example here would be Lawrence Walsh's Iran-Contra indictments a few days before the 1992 election. And then of course they were pardoned as George HW Bush was on his way out of the White House.

[grantcart]

3. I believe that the comment was tongue in cheek, and not a serious proposal.

It doesn't augur well for Mitts Presidential Intrade trading, however.

Wouldn't be surprised to see him dip to 40 or below.

[Amonester]

6. "before Dec. 31, 2012"

Yes, zero chance before and during the election.

So that leaves almost two months after the election.

[Rosanna Lopez]

4. Obama Admin. track record

Considering that the Obama administration hasn't prosecuted anyone on Wall Street yet, I don't see that happening.

[scheming daemons]

5. Thanks for your concern. N/t

[TBF]

7. She didn't express concern, she stated fact. There's a difference. nt

[HopeHoops]

8. What's wrong with 1 October 2012?

[grantcart]

9. lol