these low volume cabinet markets are awesome

I have been getting some ridiculous ask's filled. Awesome.

Yes they are! A bit more volume would be nice though

I filled a lot of BIDs for Wes Clark as SecDef at about 5.0 the other day. Apparently someone didn't realize he's not legally eligible for the post. Free money!

bourse:

I don't have any position on Clark, but I'm not familiar with the law in this area. Is there a minimum time someone must be off active duty before they can be SecDef? How long is it?

Gaw838,

The law is: "A person may not be appointed as Secretary of Defense within 10 years after relief from active duty as a commissioned officer of a regular component of an armed force."

http://www.law.cornell.edu/uscode/10/113.html

Clark retired in 2000.

Thanks.

Thats hilarious!

bourseNYC wrote:

Gaw838,

The law is: "A person may not be appointed as Secretary of Defense within 10 years after relief from active duty as a commissioned officer of a regular component of an armed force."

http://www.law.cornell.edu/uscode/10/113.html

Clark retired in 2000.

If that's the law I don't think its right that his name is on the shortlist

Probably nobody knew, either the folks who suggested it or the guys at intrade ... that's a pretty arcane rule. Thanks for the heads-up.