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Old 11-12-2007, 05:39 PM
Jimbo Jimbo is offline
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Join Date: Sep 2002
Location: Planet Earth but relocating
Posts: 4,376
Default Re: Etrade Potential Bankruptcy?

[ QUOTE ]
might go bankrupt when they have to mark to market on the 15th of november. Apparently they have a 47 billion dollar mortage portfolio and 4.1 billion in equity.

[/ QUOTE ]

If that were true wouldn't the probability of them going bankrupt be 100% rather than 15%?

Jimbo

PS: I got stopped out of my last effort at E-Trade at what seems now like a miniscule loss of 62 cents per share compared to what it is selling for now.
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