Quotation of the Day

Wednesday, November 14, 2007

Etrade Canada NOT going bankrupt

Following my post on the troubles at Etrade, and the good comment from wheredoesallmymoneygo.com , I am giving you an update on Etrade Canada. As I've logged in my account, the president had posted a note saying that:

  • Etrade Canada is a different entity than its US parent company
  • It is not exposed to asset-backed commercial paper
  • Investments are safe and subject to Canadian regulation
Have a look also at the excellent article on the topic from Canadian Capitalist.

0 comments:

Google Search of Selected Canadian Personal Finance Blogs and Web Sites

Blog Archive