This prop would go long if with in 1 year of Pres Bush's anouncing that loans would be made available to them, 1 or more of the big three go bankrupt.
The ending date would have it ending 2weeks befor the year end, mabey sooner if goes short. It should also be easy verify and could mabey pay out soon enought to use in next years end of the year firesale.
Needs refer links pro and con.
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from alpha, il
bump
Could almost be too easy :)
However what could complicate matters is defining 'bankrupt' if some sort of non-standard banruptcy is created for the carmakers.
How about making it "Go out of business" and making it a longer term - say 2 or 3 years
What if one car company gets absorbed, by another car company?
Would that qualify as going out of business?