Rescue AIG

• 86%
  accuracy

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Federal officials reportedly may take 80% stake in the nation's largest insurer in an $85 billion rescue plan to prevent financial chaos worldwide. Such a move would roil world markets since AIG has $1.1 trillion in assets and 74 million clients in 130 countries. A bailout of AIG would mark the most dramatic turn yet in an expanding crisis that started more than a year ago in the mortgage meltdown. The resulting credit crunch is now toppling not only mainstay Wall Street players, but others in the wider financial industry .

The company was scrambling to raise capital to stay afloat after being hit with credit rating agencies downgrades that is forcing it to come up with billions of dollars in additional collateral fast. New York State officials, who regulate the insurance titan, had urged the federal government to rescue AIG.

What will happen to AIG by mid-Oct 2008?

Predict its stock price here: http://www.ziitrend.com/p...

Community Prediction in Chance

Community Accuracy:  86%

Top Predictor:   will101 (100% Accuracy)

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Rank Accuracy A >= 90% B >= 80% C >= 70% D >= 60% E >= 40% F < 40%

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	ZiiValue (chance)	Answer	MyValue (0% to 100% chance)	Possible Outcomes
	11%			It will file bankruptcy
	81%			Federal will rescue it
	3%			Other (please specify)
	5%			Status quo

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