Re: Etrade Potential Bankruptcy?
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As far as Etrade's bankruptcy potential, this is what one analyst is saying..
"Citi Investment Research analyst Prashant Bhatia cut E-Trade's rating to "Sell" from "Hold." Bhatia said there is a 15 percent chance E-Trade will have to declare bankruptcy and the company may be forced to sell loans and securities at a significant discount."
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LOL, if that ain't the pot calling the kettle black. Pretty nervy of Citigroup.
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