Friday, April 16, 2010

Gambling on Wall Street hits Hollywood

http://www.businessweek.com/news/2010-04-14/-iron-man-bets-loom-as-cftc-staff-is-said-to-back-film-futures.html

Derivatives have wrecked the finances of the energy complex, precious metals industries, commodities, stock markets, banks, tax payers, municipalities, states, and even sovereign countries, and now the traders want to spread their venom to California's last major export--the motion picture industry.

I want to know when the exchange starts trading on the over/under for the number of sex scandals for individual politicians and celebrities.

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