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Dog-faced pony soldier
Join Date: Feb 2004
Location: A Rock Surrounded by a Whole lot of Water
Posts: 34,187
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It's worth noting that E*Trade bank was one of the promulgators of the housing bubble too - they traded fairly heavily in mortgage-backed securities, leading to some panic last year that their collapse was imminent. They managed to avoid collapse and buyout/takeover, but I still tend to think they have a lot of toxic stuff on their books that they're feverishly trying to downplay. I suggest you investigate this and look up some of the financial news stories surrounding them from last year.
OptionsXpress has none of this stuff and has pretty open/transparent books - they're very up-front about what they do and what they hold, so another shameless plug for them (and no, I'm not a shareholder, although I sorta' wish I had bought them a couple years ago...) They're extrememly good - you can actually pick up the phone at any time and talk to a human being without having to navigate 30 minutes of automated sub-menus. That counts for a LOT with me.
Just an FYI.
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A car, a 911, a motorbike and a few surfboards
Black Cars Matter
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