| PREDICTIONS | CURRENT VALUE | TODAY |
| Fannie Mae | $50.00/ $50.00 | (closed) |
| Freddie Mac | $50.00/ $50.00 | (closed) |
| Field | $1.23/ $0.00 | (closed) |
| Bank of America | $0.26/ $0.00 | (closed) |
| Lehman Brothers | $0.39/ $0.00 | (closed) |
| Goldman Sachs | $0.21/ $0.00 | (closed) |
| WASHINGTON MUTUAL | $0.39/ $0.00 | (closed) |
| Downey Financial | $0.26/ $0.00 | (closed) |
| Corus Bankshares | $0.26/ $0.00 | (closed) |
| Doral Financial | $0.28/ $0.00 | (closed) |
| FirstFed Financial | $0.26/ $0.00 | (closed) |
| Oriental Financial | $0.26/ $0.00 | (closed) |
| BankUnited Financial | $0.26/ $0.00 | (closed) |
| None | $0.35/ $0.00 | (closed) |
| Wachovia Corporation | $0.28/ $0.00 | (closed) |
| Merrill Lynch | $0.22/ $0.00 | (closed) |
What will be the next major bank/ibank to fail?
Large companies only. No regionals. Yeah, sorry, 5th3rd looked good. But no one cares if the East Tulsa Community Bank croaks.
Per the vigorous debate on the last market, I define “field” as the following: any financial institution not listed below, where its implosion/explosion results in coverage a) above the fold on the front page of the Wall Street Journal or b) incessantly on CNBC (if Dylan Ratigan mentions it while walking around the floor of the NYSE or Jane Wells ends up outside the headquarters http://www.cnbc.com/id/25664376 ).
I will take suggestions of other stocks to add.
continued Inkling-Schadenfreude
could still happen. If both Fannie and Freddie blow up on the same day and at the same time, they will both be cashed out at the maximum allowable.
could still happen. If both Fannie and Freddie blow up on the same day and at the same time, they will both be cashed out at the maximum allowable.
Per the vigorous debate on the last market, I define “field” as the following: any financial institution not listed below, where its implosion/explosion results in coverage a) above the fold on the front page of the Wall Street Journal or b) incessantly on CNBC (if Dylan Ratigan mentions it while walking around the floor of the NYSE or Jane Wells ends up outside the headquarters http://www.cnbc.com/id/25664376 ).
Financial markets saved
Apple pie, puppies, and a big hug for all.