Newscast: John Poindexter is reportedly likely to soon leave post

30 July 2003
CNBC: Capital Report

ALAN MURRAY, co-host:

Gloria, we should also report tonight that Jim Miklaszewski of NBC News is 
reporting from the Pentagon that Pentagon officials are saying that retired 
Admiral John Poindexter is likely to soon leave his post. That's no...

GLORIA BORGER, co-host:

Not a surprise.

MURRAY: That's no surprise, given what we talked about last night. Another 
bone-headed idea, this market in terror futures, where people would be able 
to bet on terror acts.

BORGER: Future terrorist attacks. You know, last night on our show, Senator 
Pat Roberts, the chair of the Intelligence Committee. You can tell he was 
furious.

MURRAY: He was steaming.

BORGER: He wanted to get to the bottom of it. He had read about it in the 
morning papers. And he said it was bizarre, which was kind of a nice way of 
pointing it out.

MURRAY: Yeah. You know, I understand--from a theoretical point of view, I 
understand where they were coming from in this.

BORGER: You do?

MURRAY: But again--I really do, because markets do have a lot of useful 
information. But to let people bet on terrorist events, you know, it's 
another case where common sense should have come into play and didn't.

BORGER: And it sounds like Admiral Poindexter is going to take the fall for 
this.

MURRAY: Again.

BORGER: Yup.

MURRAY: He did this once before.

All right. When we come back, Condoleezza Rice is in the cross fire. 
President Bush, though, issued a resounding defense of his national security 
adviser today. We're going to tell you why she's on the hot seat and what 
the president's comments mean.

BORGER: So stay with us; you're watching CAPITAL REPORT on CNBC.