Intrade Users Likely to Lose Money, Berenzweig Says
March 11 (Bloomberg) -- Seth Berenzweig, managing partner at Berenzweig Leonard, talks about Intrade's move to cease trading activity as the Dublin-based company investigates possible financial irregularities.
Intrade is an online service that lets people bet on events including elections and the weather. Berenzweig speaks with Deirdre Bolton on Bloomberg Television's "Money Moves." (Source: Bloomberg)