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Anybody still fooling with E*Trade after todays news?

Y

YungDHurt

Rising Star
Registered
You should be cool if you have under 100k in uninvested cash in your E Trade account (FDIC will insure up to that much right?), but do you think E Trade will be around after the smoke clears? Bankruptcy maybe? What do yall think...
 
I don't see them going anywhere personally. I'm not too worried about losing my money in the event of a collapse, b/c another bank will buy them prior to that, along with the FDIC insurance you mentioned.
 
YungDHurt said:
You should be cool if you have under 100k in uninvested cash in your E Trade account (FDIC will insure up to that much right?), but do you think E Trade will be around after the smoke clears? Bankruptcy maybe? What do yall think...
Click to expand...

I even traded the stock 2 times. Got in and out. And I transferred money to bank account there and still keep my old account there.

Accounts are FDIC insured. I am not worried just like I am not worried with money @ Bank of America, Washington Mutual, Wachovia, Citibank, what ever American bank you want to put in there.

FDIC 25 million for brokerage
 
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