Wall Street’s Hollywood Bets: New Financial Product Would Gamble On Next Blockbuster

If you thought the mortgage-backed securities and other complex financial instruments that crashed the economy were risky, you’ll love Wall Street’s latest brainwave: a new financial market in which players can gamble on whether upcoming Hollywood movies will be blockbusters or bombs.

Read more: Investing, Wall Street, Center for Economic and Policy Research, Economy, Blockbusters, Cantor Fitzgerald, Mortgage-Backed Securities, Dean Baker, Business News

The Source Article

Leave a Reply

Your email address will not be published. Required fields are marked *

*


*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

To comment, click below to log in.