Read the news much?
The assertion that E*Trade "continues to be a highly profitable Web services company" ignores major developments in recent months. Its fight to fend off bankruptcy in the wake of the subprime crunch is well-documented:
http://www.reuters.com/article/bankingFinancial/idUSN0850936020080109
In reply to: "Dot-com pioneers--where are they now?"
February 1, 2008
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