Created Mon 15th Sep 2008 5:17am PST by

reuters Level 7, Pro (H$3,320)

Which of these banks will be the next victim of the credit crisis?

Settled as HBOS

Settled as HBOS, effective as of 4:46 PM BST, as this link reported the deal at that time.
http://www.bbc.co.uk/blogs/thereporters/robertpeston/2008/09/the_creation_of_lloyds_hbos.html

Background:

Question created by

Background: Lehman’s most valuable assets are still on the block, but becoming less valuable by the hour with the bank having filed for bankruptcy protection. And with Merrill Lynch now heading for the relative safety of Bank of America’s $50 billion embrace, it’s time ask “Who is next and how?” http://blogs.reuters.com/reuters-dealzone/2008/09/15/who-next-and-how/

Settlement details:"Victim" means the bank either files for bankruptcy or sells all or part of itself to another company. As reported on www.reuters.com.

Forecast history %

Morgan Stanley

16%

Goldman Sachs

UBS

Citibank

HBOS

14%

BNP Pariabs

Washington Mutual

50%

Settled as HBOS on Sat 20th Sep 2008 5:14am PST

Activity: H$33,937
Predictions: 54
Comments: 0

Suspend date: Wed 31st Dec 2008 3:59pm PST
Settlement date: Sat 20th Sep 2008 5:14am PST
Prediction cut-off: Predictions on this question after Wed 17th Sep 2008 7:45am PST have been voided because they were made after the question could be settled

Initial likelihoods: Morgan Stanley: 14%, Goldman Sachs: 14%, UBS: 16%, Citibank: 14%, HBOS: 14%, BNP Pariabs: 14%, Washington Mutual: 14%

Action history:

Created Mon 15th Sep 2008 5:17am PST by

reuters Level 7, Pro (H$3,320)

Suspended Wed 17th Sep 2008 9:08pm PST by

kruijs [Power User]

: Flagged by super user: Waiting for announcement...

"I can reveal that both boards have now agreed the takeover, which will be announced tomorrow morning. The price will be 232p per HBOS share in Lloyds shares."

http://www.bbc.co.uk/blogs/thereporters/robertpeston/2008/09/the_creation_of_lloyds_hbos.html

Settlement requested Wed 17th Sep 2008 9:56pm PST by

keyeshoveden [Power User]

: It's HBOS>

Settled as 'HBOS' Sat 20th Sep 2008 5:14am PST by

bayoubear [Admin]

: Settled as HBOS, effective as of 4:46 PM BST, as this link reported the deal at that time.
http://www.bbc.co.uk/blogs/thereporters/robertpeston/2008/09/the_creation_of_lloyds_hbos.html

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Predictions (54)

1 year ago

hippyboomer Level 14, Prophet (H$112,321)

predicted Washington Mutual (H$50 at 4%)

1 year ago

bedlam Level 14, Prophet (H$243,382)

predicted Morgan Stanley (H$10 at 1%)

1 year ago

bedlam Level 14, Prophet (H$243,382)

predicted Goldman Sachs (H$10 at 1%)

1 year ago

ratel

predicted Washington Mutual (H$600 at 8%)

1 year ago

donal

predicted HBOS (H$10,000 at 78%)

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