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Snow at O’Hare and LaGuardia – New Investment Opportunity

October 29, 2009 | Posted in: Airline News,News,Storms,Weather

Sounds crazy, but the folks at NBCChicago.com say it’s true.

The story: the Chicago Mercantile Exchange announced this week that four new futures contracts “will allow investors to hedge against heavier or lighter snowfall at four national airports” including Chicago’s O’Hare, LaGuardia, Minneapolis/St. Paul and Detroit Metro.

This, we are told, has drawn interest from companies involved in snow removal.

Loved how the TV station began its report:

“There are a few safe bets in Chicago: our politicians will be corrupt, our streets will be under perpetual construction and it will snow in the winter.” -NBCChicago, 10-29-09

One Response to “Snow at O’Hare and LaGuardia – New Investment Opportunity”

  1. Funny stuff!

    I lived in Chicagoland for a couple of years. It didn’t take me long before I realized there was truth in the local saying: “Chicago has two seasons — winter and road construction.” :-)

    As I read your post title, I thought of a new nickname for O’Hare — SnO’Hare.

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