Barack Hussein Obama, Jr. (born August 4, 1961) is the junior U.S. Senator from Illinois. He is the only African American currently serving in the U.S. Senate.[1] He rose to prominence while serving in the Illinois State Senate and delivered the keynote address at the 2004 Democratic National Convention. That November, he was elected to the United States Senate by a landslide victory. During his first year as a U.S. Senator, Obama said he would not run for the presidency in 2008, but in a recent television interview he stated: "I have thought about the possibility" of becoming a presidential candidate.

Source: Wikipedia

A contract will settle (expire) at 100 if the individual named in the contract is selected as the Democratic Party's nominee to contest the 2008 Presidential Election.

The contract will settle (expire) at 0 if the individual named in the contract is NOT selected as the Democratic Party's nominee to contest the 2008 Presidential Election.

Expiry will be based on the official, public announcement of the Democratic nominee, as reported in three independent and reliable media sources.

Final expiry of the nominee will be made once the nomination is made official at the party convention. This expiry will be final and any changes to the nominee after expiry, for whatever reason, will not be considered.

In the event of the death of one of the candidates the following steps will be taken:

1. All contracts in the group will be paused and expired at the last closing price set for each contract
2. A new market will be listed for the remaining candidates

Any change to the result ..