May 25, 2006
Betting on Enron
Posted by Lisa Fairfax

While we await the Enron verdict, a lot of people are seeking to cash in on their verdict predictions. According to Bloomberg News, more than seventy percent of future traders are betting that Lay and Skilling will be found guilty. Since January more than 2,400 Enron-related contracts have been traded at Tradesports.com. Sixty percent of the bets have been placed on Lay. Maybe the trades will enable any traders who are former Enron shareholders to recoup some of their investment. . .

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