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Author: Gkor Three stars, 500 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 10679  
Subject: Re: Why I Left E*Trade Today Date: 11/12/2007 4:56 PM
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I dont want to insult you, but it is very silly to move your accounts because of the fear of bankruptcy. The only person to mention this was citibank. Extremely unprofessional---would there of been a run to sell shares if citibank did not offer their "opinion" on bankruptcy. This article explans all your concerns about is my money safe---
http://www.marketwatch.com/news/story/investor-assets-e-trade-accounts-said/story.aspx?guid=%7B07DF25B1%2D350B%2D460C%2D9D49%2D665E9DFB5DD9%7D&siteid=yhoof

But you are the type of person who makes these opprotunities possible. I bought 50K of stock at 3.60----etrade is awesome, have used them and their product and service is great. That said, there is no easier way to spook investors then to tell them your company has a 15% chance of bankruptcy---on what grounds do they say something like that. This is a run cause by citibank---I can not believe that an analyst would state this as fact without the numbers to back it. I will go so far as to say it might be liable. WOW....you have articles coming out in the news saying that etrade should be okay---but what if all the investors now because of citibank will close their accounts like you did---then their might be a problem---but I do not think investors will do that---only those that rush without proper insight.

Thanks to citibank's extremely unprofessional analyst---I got a great bargain in a good company. When the company states (which already has) that it will not go into bankruptcy---they are covered by insurance, and could handle losses up to 1 billion and their mortgages are 1/2 billion so their writeoffs will be less then that...this stock will shoot up. ONLY reason it is so far down is because the fear of bankruptcy----a false fear.....that analyst should get fired (but thanks for this great buying opprotunity)----

FOOL ON!
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