BUSINESS

Wall Street firm sees gold in silver screen futures

TAGs: cantor fitzgerald, Hollywood

EbertBig Wall Street players tend to bristle when accused of having a ‘casino mentality’, but investment firm Cantor Fitzgerald have no such qualms. Cantor, which has long ran a ‘play money’ site betting on the box office performance of Hollywood movies, has submitted a proposal to the Commodity Futures Trading Commission to bet real green on the silver screen. The move could lead to Hollywood insiders gaming the system, say critics (by which we mean financial gurus, not Roger Ebert). Read more.

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