I am confused about all the bantering, however, what did Citadel purchase? I thought they bought it all, RV and boats, included, for 27 cents on the dollar? Is this what is left that they didn't buy? Regardless, E*Trade's senior management, dating back to the IPO days, has been less than transparent, historically, and if everything was all right, why would dozens of suitors be rebuffed who wanted to buy the brokerage side? Certainly, a bidding process would have garnered more than a reasonable valuation? It is a shame! Especially for small investors, and potentially, brokerage customers. Another black box investment that probably has more cockroaches in the woodpile.
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