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How many German Landesbanken will survive the year 2009?

Current forecast: No, there will be chaos and disorder....5 or less! (38% chance2%)
Combining all predictions, the current most likely outcome is No, there will be chaos and disorder....5 or less! with a probability of 38% (down 2% in last 1 day)

The current financial crisis and/or recent mismanagement brought some Landesbanken (state banks owned by the Bundesländer) considerable losses, e.g. the WestLB or the BayernLB.

By April 2008, there are 8 Landesbanken, the 9th (SachsenLB) just having been swallowed by the LBBW.

How many will there still be at the beginning of 2010?

(The Bundesbank doesn't count).


Settlement details: As reported by a major mainstream news source.

I suggest you rely on
www.spiegel.de
or also
de.wikipedia.org/wiki/Landesbank

 
Forecast history, %
   Zoom in

Make your prediction!

Landesbanken will split up...there will be more than 8!
0%
No changes....Germans are too conservative....8!
24%
One will buy it....7!
19%
And another one bites the dust....6!
19%
No, there will be chaos and disorder....5 or less!
38%
Activity: H$10,001
Question suspends in 51 weeks

Suspend date: Thu 31st Dec 3pm PST (51 weeks to go)

Initial likelihoods: Landesbanken will split up...there will be more than 8!: 1%, No changes....Germans are too conservative....8!: 39%, One will buy it....7!: 30%, And another one bites the dust....6!: 20%, No, there will be chaos and disorder....5 or less!: 10%

Action history:

Created Thu 3rd Apr 2008 5:26am PDT by hoernla

Suspend date: Thu 31st Dec 3pm PST (51 weeks to go)
more info...

 

Predictions (50)

50 predictions

1 day ago
mialina predicted No changes....Germans are too conservative....8! (H$100 at 23%)
4 weeks ago
hoernla predicted And another one bites the dust....6! (H$221 at 19%)
5 weeks ago
nikolausi predicted One will buy it....7! (H$30 at 23%)
6 weeks ago
lcsnor predicted One will buy it....7! (H$75 at 22%)
6 weeks ago
hoernla predicted One will buy it....7! (H$154 at 18%)
more

Comments (3)

  1 kruijs[Power User]
I don't want to obstruct, but should the Q be 2008? Or shall we wait until 2009 is over before settlement? That'd be a long term prediction ...
posted 39 weeks ago
  2 kruijs[Power User]
Oh, wait, the background actually states "beginning of 2010". OK, than this really is a Q for long term predicting ... :)
posted 39 weeks ago
  3 hoernla
Yes, despite the urgency of the current crisis, German Landesbanken move rather slow and I doubt that a restructuring of the system will show many effect in the remaining months of this year. Thus I chose a wider scope encompassing 2009.
posted 39 weeks ago

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