
What happens to Wachovia?
Now that Citigroup has decided not to block the merger of Wachovia and Wells Fargo, it can be settled. Settlement requests were made regarding this issue at 4:48 PM CDT so suspension time is set at 4:50 PM CDT, 10/9/08
Background:>
Settlement details:As reported by a major mainstream news source.
| Wells Fargo buys Wachovia |
| |||
| Citigroup buys Wachovia |
| |||
| Fed carves up Wachovia between the two |
| |||
| No agreement is reached |
|
- Activity: H$9,005 |
- Predictions: 46 |
Comments: 2
Suspend date: Thu 6th Nov 2008 3:59pm PST
Settlement date: Fri 10th Oct 2008 4:19am PST
Prediction cut-off: Predictions on this question after Thu 9th Oct 2008 1:50pm PST have been voided because they were made after the question could be settled
Initial likelihoods: Wells Fargo buys Wachovia: 25%, Citigroup buys Wachovia: 25%, Fed carves up Wachovia between the two: 25%, No agreement is reached: 25%
Action history:
<http://www.bloomberg.com/apps/news?pid=20601087&sid=a0qyDvwv53LU&refer=home>
I dunno, technically, if this can be settled just yet -- but I'm suspending.
Prediction cutoff 6:02PM EDT or earlier. (market suspended)
Suspend date: Thu 6th Nov 2008 3:59pm PST
Settlement date: Fri 10th Oct 2008 4:19am PST
Prediction cut-off: Predictions on this question after Thu 9th Oct 2008 1:50pm PST have been voided because they were made after the question could be settled details
Predictions (46)
Comments (2)
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http://www.marketwatch.com/news/story/hedge-fund-manager-ackman-sees/story.aspx?guid={2EA08AD8-AC21-41C0-A9F5-5EBE60B551D1}&dist=msr_1
http://www.bloomberg.com/apps/news?pid=20601087&sid=a0qyDvwv53LU&refer=home
From today's news....a suspension is definitely correct....not sure if we can settle yet, this has been such a complicated deal
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