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Bankruptcy

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E*Trade in Trouble, Headed for Bankruptcy? 

Nov 12, 2007By

The buzz today is that bad mortgage-related bets may end up costing E*Trade Financial its solvency, with National Mortgage News citing a Citigroup analyst as saying there is a 15 percent chance the depository will file for Chapter 11 bankruptcy protection. NMN isn’t alone, with market commentary at Forbes speculating that E*Trade could be going out of business:

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