The Odds on Convictions at the Enron Trials

The Chicago Sun-Times reports:

On Friday, when court was not in session, the trading at Intrade showed a more than 60 percent chance that Lay would be convicted of at least four of the seven counts of fraud and conspiracy against him. For Skilling, trading showed about a 75 percent chance he would be convicted on more than half the 31 counts of fraud, conspiracy, insider trading and lying to auditors pending against him.

There's a market in everything.