Monday, Feb 2, 2009
We have listed a market for Tom Daschle to withdraw as nominee for Secretary of Health and Human Services. This market can be found under Politics -- Pres. Appointments.
Contract Rules:
This contract will settle (expire) at 100 ($10.00) if:
1. Tom Daschle withdraws as nominee for Secretary of Health and Human Services
2. President Obama withdraws Tom Daschle as nominee for Secretary of Health and Human Services
The contract will settle (expire) at 0 ($0.00) if there is no withdrawal of Tom Daschle as nominee for Secretary of Health and Human Services
Expiry will be based on official announcements from Tom Daschle and/or the White House, as reported by three independent and reliable media sources before Senate confirmation.
The contract will be expired at 100 once any withdrawal is announced. Once the nomination is given a confirmation vote by the US Senate the contract will be expired at 0. The outcome of any confirmation vote is not relevent to the expiry of this contract.
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.