Anyone know what kind of shape Etrade is in?

[Imperialism Inc.]

I have a savings account with them that is FDIC insured but there are other places I can put the money so I'm just wondering what kind of shape they are in.

[tekisui]

1. I don't, but thanks for the link in your sig line.

I will go there often. Along with freerice.

[soothsayer]

2. Well, don't want to cause a run of course but etrade bank is on a list of at-risk banks

according to Table 1 (and additional tables) in Appendix A of this 'white paper' on the bailout.

http://solari.com/blog/docs/Final-Bailout-White-Paper.pdf


Table 1. Largest Banks and Thrifts Believed to Be at Risk of Failure
Bank or Thrift
TheStreet.com
Financial Strength
Rating
Credit
Exposure to
Derivatives
(% of riskbased
capital)
Total
Assets
($ billions)
Citibank NA C- 279% 1,292.5
Wachovia Bk NA C+ 78% 665.8
Washington Mutual Bank D+ 317.8
HSBC Bk USA NA D+ 721% 188.3
SunTrust Bk C- 174.7
National City Bk D 152.5
Sovereign Bk D+ 81.9
Huntington NB D+ 55.6
E*Trade Bank D+ 48.2
First Tennessee Bk NA D+ 37.1
Data: Federal Deposit Insurance Corporation (FDIC), Call Reports, March 31, 2008, and
Office of Thrift Supervision (OTS), Thrift Financial Reports, March 31, 2008.
Analysis: Weiss Research, Inc.

[benld74]

3. google finance link below

http://finance.google.com/finance?q=etrade

[alittlelark]

4. A site that tracks all US banks

http://www.bankrate.com/brm/safesound/rating.asp

[2Design]

5. bankrate advertising is a paid for by the banks

when I asked about a bank they had on their list last spring that months later was no longer on the list - they said the banks pay to be on the list