Another sign of Cain peaking out

The online betting operation Intrade had his chances of winning the Republican nomination at 11 percent two weeks ago. Still a long-shot, but at least within some range of possibility. Now, he's at 5.4 percent - and the reports of accusations that he sexually harassed women won't help matters. (He denies any impropriety.) This would ordinarily set the stage for a Rick Perry comeback, but the Texas governor is such a goofy, unappealing campaigner that his ascension isn't a sure thing. By the way, Mitt Romney now has a 70 percent chance of winning the nomination, according to Intrade.

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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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