Thank god and good riddance!

Poindexter to Leave Pentagon Research Job

Project to Create Futures Market on Events in Middle East Caused Controversy
By Bradley Graham
Washington Post Staff Writer
Friday, August 1, 2003; Page A01

John M. Poindexter, the retired rear admiral involved in the Pentagon's ill-fated plan to launch an online futures market for betting on Middle Eastern developments, will be leaving his job with a Defense Department research agency, a senior defense official said yesterday.

The departure had been demanded by lawmakers outraged over the notion that the Pentagon should set up a system enabling people to profit from predictions of terrorist attacks and other events.

This is the first smart thing the Bush administration has done in a while