bobh

Citadel Takes 20% Stake in E*Trade; Shares Retreat (update)

Things may be looking up for E*Trade Financial Corp as Citadel Investment Group agreed to make a $2.55 billion investment into the discount brokerage. The NewsVisual article www.newsvisual.com/new... suggests that Donald Layton will bring to the table the experience necessary to help reverse the company's downturn.