IEM Still Has Bush Out Front
Bookmark & ShareOctober 31, 2004
Source: Chicago Tribune
With trading set to close soon, shares of George W. Bush are selling for about 53 cents on the IOWA ELECTRONIC MARKETS; those of John F. Kerry are selling for about 47 cents. The market allows investors to bet on election outcomes instead of soybeans or pork bellies. Created as a teaching tool, the market was started during the 1988 presidential election by the UNIVERSITY OF IOWA'S TIPPIE COLLEGE OF BUSINESS. So far this year, the university says about 3,100 traders have invested $356,000.
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