Why Cantor-Fitzgerald’s Motion Picture Futures Exchange is a Dog

Wharton insurance and risk management professor Kent Smetters explains why the motion picture futures exchange just approved by the U.S. Commodities Futures Trading Commission is a really bad idea. In short, movies aren’t lemons, and studios are likely to dump their dog films on the exchange. Only point where I disagree is that Smetters forgets the growing power of independent and international films, which could legitimize the market without the big six. http://amplify.com/u/5inx

Posted via web from Silicon Hutong on Posterous