This contract will settle (expire) at 100 ($10.00) if Lloyd Blankfein departs as CEO of Goldman Sachs before midnight ET on the date specified in the contract.
The contract will settle (expire) at 0 ($0.00) if Lloyd Blankfein does not depart as CEO of Goldman Sachs before midnight ET on the date specified in the contract.
Expiry will be based on official statements from Lloyd Blankfein or Goldman Sachs, as reported in three independent and reliable media sources.
A departure may include (but is not limited to) resignation, retirement, being fired, being demoted, or being assigned another position within the company. It does not include the appointment by Goldman Sachs of a co-CEO to work with Lloyd Blankfein.
A resignation or retirement does not have to result in Lloyd Blankfein actually departing as CEO of Goldman Sachs by the date specified in the contract. The contract will expire when the resignation or retirement is announced, regardless of when it takes effect. The contract will not be expired if a tendered resignation is not accepted.
This contract covers only the position as CEO. Any departure from other positions held with Goldman Sachs will not be considered when expiring this market.
A departure does not include death. In the event of Lloyd Blankfein's death the contract will be declared void, all trades will be reversed and all trading fees refunded.
Due to the nature of this contract please also see Contract Rule 1.7 Unforeseen Circumstances.
The Exchange reserves the right to invoke Contract Rule 1.8 (Time Protection) if deemed appropriate.
Any changes to the result after the contract has expired will not be taken into account - Exchange Rule 1.4
Please contact the exchange by emailing help@intrade.com if you have any questions regarding this contract before you place a trade.
Any changes to the result after the contract has expired will not be taken into account - Contract Rule 1.4
Due to the nature of this prediction market contract you are obligated to read Contract Rule 1.7 (Unforeseen Circumstances) and Contract Rule 1.8 (Time Protection). Intrade may invoke these rules in its absolute discretion if deemed appropriate.
Please contact the exchange by e-mailing help@intrade.com if you have any questions regarding this contract or interpretation of these contract specific rules, related exchange news articles or exchange rules before you place an order to trade.
|
Will Lloyd Blankfein depart as CEO of Goldman Sachs?
Lloyd Blankfein to depart as CEO of Goldman Sachs before midnight ET 31 Dec 2010 |
||||||||||||||||||||||||
|
|
||||||||||||||||||||||||
|
||||||||||||||||||||||||
|
|
|||||||||||||||||||||||
| Lloyd Blankfein to depart as CEO of Goldman Sachs before midnight ET 31 Dec 2010 | ||||||||||||||||||||||||
|
||||||||||||||||||||||||