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Who will buy Northern Rock?

Settled as Nationalisation

http://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUSL1710443420080217

They are going to nationalis

Background:

Background: Northern Rock was affected by the credit crunch, unable to support it's debt it was forced to use the Bank of England as a lender of last resort. The first "run" on a bank for many years.

Settlement details:Report of purchase or nationalisation of the Northern Rock building society by BBC News.

 
Forecast history %
Nationalisation
93%
Remains a listed company
1%
Virgin Consortium
3%
Olivant Consortium
2%
Other
1%
Settled as Nationalisation on Sun 17th Feb 2008 2:32pm PST

Suspend date: Mon 31st Mar 2008 7:30am PST
Settlement date: Sun 17th Feb 2008 2:32pm PST
Prediction cut-off: Predictions on this question after Sun 17th Feb 2008 9:20am PST have been voided because they were made after the question could be settled

Initial likelihoods: Nationalisation: 20%, Remains a listed company: 20%, Virgin Consortium: 20%, Olivant Consortium: 20%, Other: 20%

Action history:

Created Sun 20th Jan 2008 12:19pm PST by scoopboy[Admin]
Settlement requested Sun 17th Feb 2008 10:39am PST by pics4d: http://news.bbc.co.uk/2/hi/business/7249575.stm
Settled as 'Nationalisation' Sun 17th Feb 2008 2:32pm PST by nigeleccles[Admin]: http://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUSL1710443420080217

They are going to nationalis

Suspend date: Mon 31st Mar 2008 7:30am PST
Settlement date: Sun 17th Feb 2008 2:32pm PST
Prediction cut-off: Predictions on this question after Sun 17th Feb 2008 9:20am PST have been voided because they were made after the question could be settled details

 

Predictions (31)

1 year ago
bruno predicted Nationalisation (H$100 at 98%)
1 year ago
ringo predicted Nationalisation (H$100 at 98%)
1 year ago
chris[Admin] predicted Nationalisation (H$1,000 at 29%)
1 year ago
tobnewsknown predicted Virgin Consortium (H$50 at 34%)
1 year ago
surveyor predicted Virgin Consortium (H$50 at 42%)

Comments (1)

  1 scoopboy[Admin]
looks like this is going to be interesting.

http://news.bbc.co.uk/1/hi/business/7197761.stm

Unless you are a Northern Rock shareholder!
posted 1 year ago

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