longhorns ....i agree with you on all 3 counts but every firm has issues ....buisness issues......regulatory issues....customer service issues........competitive issues etc etc wall street is the buisness we have chosen for ourselves and wall street is a people buisness....etrades major assets are its people ...some are sharks who will front run you some are not. if etrade goes down many good people will be hurt ...and their familys will suffer....and it will be very difficult for many to get started again.... i wish them well...............................g
is shorthairs still alive? been on ignore so long, I forgot about 'it'. wouldnt listen to anything that jagazz said though
Hey everyone, stock777 is back!!!! Get ready for another easy money "stock pick" from the single greatest fade this website has ever seen.
Looks like Etrade could end up toast. ETrade is getting killed in the market today while TDAmeritrade is up 5%. It's always amazed me how millions of idiots (ie. the market) seems to know more that the smartest of us all. The market knows all. Maybe the market thinks TDAmeritrade will end up with Etrades customers? http://www.bloomberg.com/apps/news?pid=20601087&sid=aqif1FOQmJ7c&refer=home
On a different note, what would happen if you OWE them money, e.g. a house call, and they went under?
Toronto Dominion Bank owns 35% of TDAmeritrade. TD Bank has 0% exposure to subprime situation. TDAmeritrade can go bankrupt but it's unlikely, given that TD Bank, one of the "big 6" Canadian banks, and one of the most solid banks in the world, would allow TDAmeritrade management to behave irresponsibly. There is no similarity between TDAmeritrade and E-Trade ( a company without backing ) insofar as their backing and balance sheets are concerned.. AMTD is up today because E-Trade's clients are switching to TDAmeritrade.