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It's looking like E*Trade may, in fact, go bankrupt. The stock lost more than half its value in trading today and half of E*Trade's deposits are in accounts that are above the $100,000 FDIC insurance limit—making a run on the bank more than likely. [New York Times]
It’s looking like E*Trade may, in fact, go bankrupt. The stock lost more than half its value in trading today and half of E*Trade’s deposits are in accounts that are above the $100,000 FDIC insurance limit—making a run on the bank more than likely. [New York Times]
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