Safe Mode: On
Accuser’s press conference cuts Herman Cain’s odds in half in prediction markets

Sharon Bialek, the fourth woman to allege that Herman Cain sexually harassed her--and the first to do so live on television--spoke to the news media on Monday. Bialek's press conference appears to have cut Herman Cain's chances of winning the Republican presidential nomination almost in half.
Just before it was announced that a woman and her attorney, Gloria Allred, would be holding a press conference Monday, the prediction markets gave Cain a 6.8 percent chance of becoming the Republican Party's presidential nominee. By the time the press conference ended, Cain's chances in the prediction markets had dropped to 3.8 percent.
I do not know how long it will take for public opinion polls to reflect Cain's weakened position in the presidential race, but the prediction markets have spoken: There is more than a 96 percent likelihood that Cain will fall in the public-opinion polls before Republicans cast their real votes in the 2012 primaries and caucuses.
Cain's likelihood of winning the Republican nomination was 8.5 percent just before the harassment allegations were first reported by Politico last week. When the allegations surfaced, Cain suffered a small drop in the prediction markets, but he leveled off quickly. Major news outlet reported that Cain was holding steady in the polls. The campaign itself bragged about its fundraising in the wake of the allegations.

http://news.yahoo.com/blogs/ticket/accuser-press-conference-cuts-herman-cain-odds-half-213109250.html


Added: Nov-8-2011 Occurred On: Nov-8-2011
By: Tongueboy
In:
Other
Tags: herman, cain't
Views: 1283 | Comments: 19 | Votes: 0 | Favorites: 1 | Shared: 0 | Updates: 0 | Times used in channels: 1
You need to be registered in order to add comments! Register HERE
'
Sort by: Newest first | Oldest first | Highest score first
Liveleak opposes racial slurs - if you do spot comments that fall into this category, please report them for us to review.
  • Who wants to bet this controversy was dredged by Perry, Romney, and/or Gingrich.

    All is fair in love and war....and politics

    Posted Nov-8-2011 By 

    (3) | Report

  • Soon the blood-soaked stage is set for the come back of the Century: S.Palin.

    Posted Nov-8-2011 By 

    (1) | Report

  • if it is all bull-shit then i truly feel for the guy, but a small part of me is happy that its hurting his chances at the house. Ron Paul is the original out of those present

    Posted Nov-8-2011 By 

    (0) | Report

  • MMmmmmm... Pizza

    Posted Nov-8-2011 By 

    (0) | Report

  • A slick, ruthless character assassination...took them less than a week to destroy his campaign

    Posted Nov-8-2011 By 

    (0) | Report

    • @ElegantDecline I believe someone somewhere said "the gloves are off".
      The real simple fact is no tea party member will be president.
      Republicans hate them more than the democrats do.
      They destroy themselves just by opening their mouths.
      Ron Paul is their only hope as many democrats and independents would vote for him but they hate him so they are stuck with the perennial loser, romney, who will never be elected because he is mormon.
      If they quit putting up joke candidates they might s More..

      Posted Nov-8-2011 By 

      (1) | Report

    • @Tongueboy I agree Mitt Romney's bound to win, pro-healthcare, and pro-abortion record

      Which means the 'Conservatives' will be more irrelevant and further from power than ever before!

      Posted Nov-8-2011 By 

      (2) | Report

    • @ElegantDecline "If I am elected president, I will issue on my first day in office an executive order paving the way for waivers from ObamaCare for all 50 states. Subsequently, I will call on Congress to fully repeal ObamaCare."

      Posted Nov-8-2011 By 

      (-2) | Report

    • @flashj2 Oh, Flip Flop Romney will say what he has to...If I was you I'd judge him on his record rather than his campaign chat Lol

      Cain is the only candidate near the front with any real 'Conservative' credentials, if he doesn't win, get ready for years more of 'centrism' aka Bush/Obama

      Posted Nov-8-2011 By 

      (2) | Report

    • @ElegantDecline I doubt he can find a way to get around that promise if he is elected, especially if the Republicans take the Senate.

      Posted Nov-8-2011 By 

      (-1) | Report

  • Could not give a fuck who he tries to fuck in private it's who he is trying to fuck in public. Playing all pro-capitalist, he was once when he made pizza, then he became a FedReserve man, the greatest antifree market monopoly of all time, not to be trusted. .

    Posted Nov-8-2011 By 

    (0) | Report

  • No, I don't think so. It seems mighty convenient for her to come forward now don't you think? I am not at all convinced this accusation is in any way truthful, and anything associated with Democrat activist and drama queen Gloria Allred is immediately suspect...the woman is a known and vocal Obama supporter and Dem. party tool.

    Posted Nov-8-2011 By 

    (0) | Report

  • Comment of user 'Timbertoes' has been deleted by author (after account deletion)!
  • after 15 years she comes out from under a rock with her sidekick Gloria Allred..no shocker and NO PROOF
    Typical Liberal Media

    Posted Nov-8-2011 By 

    (-4) | Report

  • Comment of user 'Flip500' has been deleted by author (after account deletion)!