Created Thu 2nd Oct 1:54am PDT by 
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Will there be a bailout fund created to rescue crippled banks across Europe?
Settled as Yes
News regarding the joint bailout effort in Europe was released Monday afternoon by 3:30 PM EDT...question is settled at that point.
http://biz.yahoo.com/ap/081013/eu_europe_meltdown.html
Background:
As the $700 billion financial industry bailout in the US gets a second life on Wednesday, winning lopsided passage in the Senate, France have now also put forward a proposal for a (proposed $530 billion) fund to rescue banks across Europe. President Sarkozy is seeking Gordon Brown's support before an emergency summit, scheduled tentatively for Saturday. Sarkozy's proposal was greeted with scepticism in Britain and outright hostility in Germany. It appears to involve the creation of a Europe-wide emergency fund that would be used to prop up banks when national governments are unable to intervene.
More info from timesonline
N.B. Must be a European wide fund specifically used to prop up or bail out banks passed by the end of October 08.
More info from timesonline
N.B. Must be a European wide fund specifically used to prop up or bail out banks passed by the end of October 08.
Settlement details:
Must be a european wide fund (of any amount) specifically used to prop up or bail out banks.
Settled
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Yes |
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No |
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Activity: H$9,937
Settled as Yes on Sat 18th Oct 12pm PDT
Suspend date: Sat 1st Nov 12:59am PDT Settlement date: Sat 18th Oct 12pm PDT
Initial likelihoods: Yes: 15%
Action history:
Created Thu 2nd Oct 1:54am PDT by robuk
robuk
Changed Question text Thu 2nd Oct 2:59am PDT by 
lesley: show details
lesley: show details ... be
a
bailout
fund
created
to
rescue
crippled
banks
across
Europe?
Settlement requested Mon 13th Oct 1:32pm PDT by 
buckeyetom: Should settle as YES
Reuters
Oil jumps 4 percent, bank plan spurs global rally
Monday October 13, 3:28 pm ET
By Matthew Robinson
NEW YORK (Reuters) - Oil prices rose more than 4 percent on Monday as global markets rallied after governments launched bailout schemes to shore up banks.
Britain, Germany, France, Italy and other European governments all announced rescue packages to stave off the global financial crisis, while U.S. Treasury Secretary Henry Paulson said Washington was developing plans to buy equity in financial institutions.
buckeyetom: Should settle as YES
Reuters
Oil jumps 4 percent, bank plan spurs global rally
Monday October 13, 3:28 pm ET
By Matthew Robinson
NEW YORK (Reuters) - Oil prices rose more than 4 percent on Monday as global markets rallied after governments launched bailout schemes to shore up banks.
Britain, Germany, France, Italy and other European governments all announced rescue packages to stave off the global financial crisis, while U.S. Treasury Secretary Henry Paulson said Washington was developing plans to buy equity in financial institutions.
Suspended Tue 14th Oct 9:13am PDT by 
cognos![[Power User]](http://www.hubdub.com/images/icon_superuser.gif "This user is a super user")
: Flagged by super user: Suspend for Category Editor review.
This may settle it.
http://biz.yahoo.com/ap/081013/eu_europe_meltdown.html
cognos: Flagged by super user: Suspend for Category Editor review.
This may settle it.
http://biz.yahoo.com/ap/081013/eu_europe_meltdown.html
Settlement requested Sat 18th Oct 7:10am PDT by 
sharon91977: Europe puts more on the line for banks than US
Monday October 13, 5:02 pm ET
By Angela Charlton and Emma Vandore, Associated Press Writers
Europe puts $2.3 trillion, far more than US, on the line for banks and stocks soar.
should settle as "yes"
sharon91977: Europe puts more on the line for banks than US
Monday October 13, 5:02 pm ET
By Angela Charlton and Emma Vandore, Associated Press Writers
Europe puts $2.3 trillion, far more than US, on the line for banks and stocks soar.
should settle as "yes"
Settled as 'Yes' Sat 18th Oct 12pm PDT by 
bayoubear: News regarding the joint bailout effort in Europe was released Monday afternoon by 3:30 PM EDT...question is settled at that point.
http://biz.yahoo.com/ap/081013/eu_europe_meltdown.html
bayoubear: News regarding the joint bailout effort in Europe was released Monday afternoon by 3:30 PM EDT...question is settled at that point.
http://biz.yahoo.com/ap/081013/eu_europe_meltdown.html
Suspend date: Sat 1st Nov 12:59am PDT Settlement date: Sat 18th Oct 12pm PDT
more info...
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dragon01Comments (6)
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score: 10
Bloomberg 5 weeks ago
Les Bougon,'' a new French television show that aired last night, thumbs its nose at President Nicolas Sarkozy's efforts to change his countrymen's...
score: 10
Los Angeles Times 5 weeks ago
have been all but frozen by the crisis. The leaders did not put a price tag on the bailout, saying the numbers would be announced in coming days as national governments unveil details of individual initiatives and the 27 member states of the European
score: 10
Toronto Star 6 weeks ago
France's biggest employers' group proposed scrapping so-called "golden parachutes" for failed business chiefs after President Nicolas Sarkozy...
score: 10
OptusNet 6 weeks ago
said.'European leaders acknowledge the need for close coordination and cooperation,' according to the text which French president Nicolas Sarkozy read out in Paris.However, fleshing out the details of a coordinated response to the crisis has proven
score: 10
World Socialist Web Site 6 weeks ago
appeal was issued for a global summit to discuss the crisis. Plans proposed last week for a European bailout fund failed to appear on the summit's agenda. French President Nicolas Sarkozy called the meeting on Saturday, at short notice, following the
http://www.nowpublic.com/world/uk-announces-50-billion-bailout-plan
<<The pledges by Britain and the six countries that use the euro helped soothe stock markets, along with a promise by top central banks to provide unlimited short term dollar credits. >>
http://biz.yahoo.com/ap/081013/eu_europe_meltdown.html
Seems like it should be a yes....any disagreements or other views?
"The time of each one for itself is fortunately over," French President Nicolas Sarkozy said, following a Cabinet meeting that approved France's spending in the framework of the plan.
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