ain't no fortunate son

How E*Trade Is Trying to Survive in the TARP Era

As one of the people who opened up new accounts with E*Trade in August 2007, who used the FED WIRE from my local bank to wire in funding to my account, and who then immediately had a 12 day restriction slapped on my account (despite the fact that if Fed-wired funds are received before 3:00 p.m they are eligible for SAME DAY withdrawal, no ifs and or buts, that's SEC law), and who then spent over a week getting lied to by representatives of that company as to the reason the funds were restricted while I watched the stock market crater, E*Trade stock crater worse, and David Faber come on CNBC daily to talk about the people calling in to complain (denied by E*Trade management) that THEIR new accounts had been restricted by E*Trade - AND YES E*TRADE I WAS ONE OF THEM!!!!!!! - and thinking I might never see that money again for a very very long time (and why did they want my money tied up in their system in the first place hmmmm????) if they really went down, well, I for one have a secret little hope about what E*Trade's final destination is... and its very HOT down there.