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Will the U.S. government bail out Lehman Brothers within the next 30 days(by 10/10/08)?

Settled as No

Settled as NO as Lehman Brothers filed for bankruptcy, negating a need for a US government bailout.
News was available by 7:01 AM CDT

Background:

Question created by
Background: Lehman Brothers plans to sell a majority stake in its asset management unit and spin off commercial real estate holdings, hoping to restore investor confidence and ensure its survival after reporting a record quarterly loss of about $4 billion.

If the company efforts are not successful, a Bear Stearns-like government bailout is a possibility.

Question will settle as a yes if an announcement is made and reported on stating that a bailout by the government will occur. It does not have to be completed, or even begun by the suspension date, simply announced.

Settlement details:As reported by Reuters.
Question will settle as a yes if an announcement is made and reported on stating that a bailout by the government will occur.

 
Forecast history %
Yes
25%
No
75%
Settled as No on Mon 15th Sep 2008 1:46pm PST

Suspend date: Fri 10th Oct 2008 3:59pm PST
Settlement date: Mon 15th Sep 2008 1:46pm PST
Prediction cut-off: Predictions on this question after Mon 15th Sep 2008 4am PST have been voided because they were made after the question could be settled

Initial likelihoods: Yes: 50%

Action history:

Created Wed 10th Sep 2008 7:57am PST by reuters
Settlement requested Sun 14th Sep 2008 11:52pm PST by keyeshoveden[Power User]: Settle as no. Chapter 11.
Settlement requested Mon 15th Sep 2008 4:01am PST by Erik: Nothing to bail out:
"Wall Street bank Lehman Brothers has filed for chapter 11 bankruptcy protection after emergency talks to find a buyer failed."
http://news.bbc.co.uk/2/hi/business/7615974.stm
Suspended Mon 15th Sep 2008 4:36am PST by kruijs[Power User]: Suspended pending settlement
Settlement requested Mon 15th Sep 2008 4:36am PST by kruijs[Power User]: Please evaluate settlement requests by keyeshoveden and Erik (market suspended)
Settled as 'No' Mon 15th Sep 2008 1:46pm PST by bayoubear[Admin]: Settled as NO as Lehman Brothers filed for bankruptcy, negating a need for a US government bailout.
News was available by 7:01 AM CDT

Suspend date: Fri 10th Oct 2008 3:59pm PST
Settlement date: Mon 15th Sep 2008 1:46pm PST
Prediction cut-off: Predictions on this question after Mon 15th Sep 2008 4am PST have been voided because they were made after the question could be settled details

 

Predictions (70)

1 year ago
shadzzzz predicted No (H$100 at 77%)
1 year ago
nicko predicted No (H$5,000 at 74%)
1 year ago
nightflylester predicted No (H$100 at 69%)
1 year ago
nightflylester predicted No (H$100 at 69%)
1 year ago
lola predicted No (H$120 at 79%)

Comments (1)

  1 kruijs[Power User]
Hi, I just "pimped" your question by adding an image to it.

With this image your question can become one of the featured questions, promoted on the hubdub homepage. I deliberately chose an image which I though would match to your question intentions best. If, however, you do not agree with it, please flag the question to the category editor.

Regards
posted 1 year ago

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