Etrade Potential Bankruptcy?

[monkichee]

wow, I hadn't heard about this. We have a bunch of accounts at ETrade (brokerage, Roth, money market, CDs and a couple of regular checking). The cash positions may exceed $100K. Should I move some of it to another account to be on the safe side?

Kind of sad to see things go bad for them. I even worked on designing their first web site... Got my mortgage (not sub-prime!) through ETrade and haven't had a brick and mortar bank account for about 8 years. Not sure what I'd do if they went away.