Originally from the pit at Tradesports(TM) (RIP 2008) ... on trading, risk, economics, politics, policy, sports, culture, entertainment, and whatever else might increase awareness, interest and liquidity of prediction markets
1. Forces the bloated and undercapitalized mortgage agencies to take on more debt without regard to creditworthiness2. Cleans up only the least toxic loans3. Will cost some unknowably huge amount of moneyThis is from a supporter.
1. Forces the bloated and undercapitalized mortgage agencies to take on more debt without regard to creditworthiness
2. Cleans up only the least toxic loans
3. Will cost some unknowably huge amount of money
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