Cheap E*Trade shares still downwardly mobile.

Autor: Elstein, Aaron
Předmět:
Zdroj: Crain's New York Business; 3/31/2008, Vol. 24 Issue 13, p4-4, 1/3p, 1 Chart, 1 Graph
Abstrakt: The article reports that the giant hedge fund Citadel Investment Group LLC snapped up $2.5 billion worth of shares and debt in downtrodden E*Trade Financial Corp., one of the earliest victims of the subprime crisis. Shares of E*Trade have tumbled by 28 percent. E*Trade's net worth of $2.8 billion is overwhelmed by $35 billion worth of mortgage-related assets of fast-fading value.
Databáze: Supplemental Index
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