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Intrade Members Trading Contracts on FDIC-Bank Failures

August 19, 2008
By MoneyRates team | Money-Rates Columnist

Intrade.com is the prediction market where members can buy contracts on the likelihood of certain future events occurring. Whether it be the next US President or the Academey Awards this site will let members bid on the outcome. A contract for Barack Obama winning the US presidency will cost a member a price of [...]

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About Richard Barrington

Richard Barrington, CFA, is the primary spokesperson and personal finance expert for MoneyRates. He is a 20-year veteran of the financial industry, including having served for over a dozen years as a member of the Executive Committee of Manning & Napier Advisors, Inc. Richard has written extensively on investment topics, including investments, money market accounts, Certificates of Deposit's and personal finance as it relates to retirement. Richard has been quoted by numerous media publications such as the New York Times, the Wall Street Journal, and Pensions & Investments magazine.

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