Intrade, the futures prediction market, has Rod Blagojevich‘s conviction trading at 70 – which translates into the market predicting that there is a 70% chance the former Illinois governor will be convicted.
While this might not be the most encouraging odds for Blagojevich, the market has been dropping from a peak at 90 in early June, and from 75 two days ago – suggesting that investors are becoming less confident that the jury will return a guilty verdict.