All bets are off on terror, rules Pentagon

The Pentagon, writes Julian Borger, has dropped its plan to allow speculators to make bets on future terrorist attacks in the hope that it would help military planners to predict future threats. The $8m scheme, which would have allowed punters to speculate on the likelihood of assassinations, coups and the full range of possible disasters in the Middle East, caused uproar in Congress, where Democratic senators dubbed it a "terrorism betting parlour"....more...