Created Fri 3rd Oct 1:29pm PDT by 
pixelpaws
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Will Wachovia or Wells Fargo be hit with a credit rating downgrade?
Current forecast: Only Wells Fargo is downgraded (36% chance
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Combining all predictions, the current most likely outcome is Only Wells Fargo is downgraded with a probability of 36% (unchanged in last 1 day)
As of October 3, both Wells Fargo and Wachovia are on S&P CreditWatch with "developing implications." This means that they are being considered for a possible upgrade OR downgrade, depending on what develops. Will either of them see a downgrade within the next three months?
Settlement details:
As reported by a major mainstream news source.
Make your prediction!
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Neither company is downgraded |
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Only Wachovia is downgraded |
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Only Wells Fargo is downgraded |
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Both comapnies are downgraded |
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Activity: H$2,796
Question suspends in 5 weeks
Suspend date: Wed 31st Dec 11:59pm PST (5 weeks to go)
Initial likelihoods: Neither company is downgraded: 5%, Only Wachovia is downgraded: 20%, Only Wells Fargo is downgraded: 40%, Both comapnies are downgraded: 35%
Action history:
Created Fri 3rd Oct 1:29pm PDT by pixelpaws
pixelpaws
Suspend date: Wed 31st Dec 11:59pm PST (5 weeks to go)
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Get widget!Predictions (12)
12 predictions
obammer
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score: 10
Houston Chronicle 4 days ago
Wells Fargo & Company (WFC) and Oracle (ORCL) today announced the release of the Wells Fargo Adapter, software that quickly and affordably integrates Wells Fargo treasury management services with the
score: 10
Investors Business Daily 1 week ago
labels superregional banks is no exception. The 15 banks in the group range in size and scope from Wells Fargo (WFC) down to SVB Financial. (SIVB) Wells Fargo, with $109 billion in market capitalization, $614.2 billion in total assets and 6,000 locations
score: 10
Forbes.com 1 week ago
WELLSFARGO/WACHOVIA (UPDATE 1):UPDATE 1- * Wachovia's David Carroll to oversee wealth management * Wells Fargo (nyse: WFC - news - people )'s Oman to handle Pick-a-Pay mortgages * Wachovia (nyse: WB - news - people ) brokers may not be mollified NEW YORK
score: 10
Forbes.com 1 week ago
Nov 14 (Reuters) - Current Wells Fargo & Co executives will hold 11 of 12 top jobs at the company after it completes its acquisition of Wachovia Corp. The news was earlier reported by the Charlotte
score: 10
Forbes.com 1 week ago
A 30 year veteran of the insurance industry, Anderson joins Wells Fargo Insurance Services from Marsh Risk and Insurance Service's San Francisco office where he was most recently Senior Vice President and Client Executive. A long time Bay Area resident
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