Monday April 8 2013

The Irish betting company Intrade  may be facing insolvency. We are studying options in ACCT 3312, notice the SEC accusess Intrade of utlizing option trading that is not approved. A crash in brokerages often accompanies or begins a fall in markets. While this is a quirky non mainstream brokerage it bears watching, Remember Corzine's operation. 

Posted in

One response to “Intrade Facing Liquidation”

  1. cary kingsley Avatar
    cary kingsley

    Hmm looks like a little “raid the slush fund” was happening, lol. See when you trust people with money you ALWAYS run the risk of them taking it.

    Like

Leave a comment