This prediction market is about the failure of US banks in the year 2024.
The outcome will be determined by the FDIC's "Failed Bank List" (https://www.fdic.gov/resources/resolutions/bank-failures/failed-bank-list/).
This market will be resolved as YES if there are 1 or more records in "Failed Bank List" that have year 2024 in the column "Closing Date".
This will be resolved YES shortly after such condition is met.
This market will be resolved as NO if, at the beginning of 2025, there are no records with a "Closing Date" in 2024 on the "Failed Bank List".
My markets about number of failed US banks:
2023:
>= 4 https://manifold.markets/bessarabov/will-4-or-more-us-banks-fail-in-202
>= 5 https://manifold.markets/bessarabov/will-5-or-more-us-banks-fail-in-202
>= 6 https://manifold.markets/bessarabov/will-6-or-more-us-banks-fail-in-202
>= 7 https://manifold.markets/bessarabov/will-7-or-more-us-banks-fail-in-202
>= 8 https://manifold.markets/bessarabov/will-8-or-more-us-banks-fail-in-202
>= 9 https://manifold.markets/bessarabov/will-9-or-more-us-banks-fail-in-202
>= 10 https://manifold.markets/bessarabov/will-10-or-more-us-banks-fail-in-20
2024:
>= 1 https://manifold.markets/bessarabov/will-1-or-more-us-banks-fail-in-202
>= 2 https://manifold.markets/bessarabov/will-2-or-more-us-banks-fail-in-202
>= 3 https://manifold.markets/bessarabov/will-3-or-more-us-banks-fail-in-202
>= 4 https://manifold.markets/bessarabov/will-4-or-more-us-banks-fail-in-202-ca18862509d2
>= 5 https://manifold.markets/bessarabov/will-5-or-more-us-banks-fail-in-202-d31c58a2a545
>= 6 https://manifold.markets/bessarabov/will-6-or-more-us-banks-fail-in-202-3b950df4bf9d
>= 7 https://manifold.markets/bessarabov/will-7-or-more-us-banks-fail-in-202-f9c29abb2f9a
>= 8 https://manifold.markets/bessarabov/will-8-or-more-us-banks-fail-in-202-c114af3f48c2
>= 9 https://manifold.markets/bessarabov/will-9-or-more-us-banks-fail-in-202-ae661dd6c96b
>= 10 https://manifold.markets/bessarabov/will-10-or-more-us-banks-fail-in-20-6476a487f43c
From the market description:
> The outcome will be determined by the FDIC's "Failed Bank List"
> (https://www.fdic.gov/resources/resolutions/bank-failures/failed-bank-list/).
>
> This market will be resolved as YES if there are 1 or more records in "Failed Bank List" that have year 2024 in the column "Closing Date".
>
> This will be resolved YES shortly after such condition is met.
Now in the table there are 1 such row, so I'm going to resolve this as YES.
The bank Republic First (cursed name lol) just failed
https://www.cnn.com/2024/04/26/business/regulators-seize-republic-first-bancorp/index.html
https://www.fdic.gov/resources/resolutions/bank-failures/failed-bank-list/