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S Datta
1 Comment
E*Trade Will Recover [view article]
I completely agree with all the positive comments about E*Trade -- their trading platform is FAR superior than TD Ameritrade's (I opened an account with TD out of my fear of E*Trade's potential bankruptcy. I also appreciate the convenience of brokerage and banking etc. I am pleasantly surprised that so many of E*Trade's customers feel the same way. We all want it to survive with all its conveniences and features in tact. I was originally a Brown & Co customer, which was subsequently bought out by E*Trade and I then became a E*trade customer and had an excellent experience. I still continue to be an E*Trade customer but have moved some of my holdings and money to TD Ameritrade just to diversify the risk. This would not have been necessary if some MORONIC CEO didn't try to goose E*Trade's earning by getting into the mortgage business. It is indeed a travesty and I hope and pray that E*Trade's financial situation will stabilize and improve. By the way, I am a Finance professor and I would like to write a case study on how a STUPID CEO can ruin an excellent franchise!!Best wishes to all. Jan 20 10:45 AM