E*Trade

E*Trade Financial’s talking perma-infant (is it just me, or does he sort of resemble two-time E*Trade savior Ken Griffin?) won’t get a chance to grow up. Read more »

Yesterday, it was E*Trade’s turn to issue chagrinned statements about a technical snafu that it couldn’t really explain. Call it the Curse of Ken Griffin. Read more »

  • 12 Aug 2013 at 3:46 PM

E*Trade Has A Problem

It wants/needs to sell its market-making unit to appease regulators, but also needs to stop giving the unit quite so much business to appease regulators. Read more »

After a good first half, Citadel is getting so close to its high-water mark that Ken Griffin is starting to reminisce about the good old days when he used to earn performance fees. That in turn reminds him of what else he was up to back in those care-free pre-crash times, like sinking $2.5 billion into an online brokerage saddled with a disastrous mortgage lending operation in November 2007.

And so today he decided to catch up with E*Trade Financial, where he’s the largest shareholder after leading a rescue in 2007. But what started as a nice note to the CEO quickly turned ugly.
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  • 24 Feb 2011 at 11:29 AM

Ken Griffin And The E*Trade Baby On The Outs?

Was it because of the Lindsay Lohan digs? You people know KG loves Freaky Friday! Read more »

Back in March, Lindsay Lohan filed a suit against E*Trade, claiming that the baby in the brokerage’s latest commercial was based on her life. Lohan came to this conclusion because the character’s name is Lindsay, she’s referred to as a “milk-a-holic,” and there’s a suggestion that the young one is a man-stealing tramp (she also claimed that though the name “Lohan” is never mentioned, she’s attained first name recognition. Plus, the stuff about the baby being a strung out slut). For the grave offense, Lohan demanded the spots pulled, and $100 million for the emotional distress they caused her. Read more »

Back in March, Lindsay Lohan filed a suit against E*Trade, claiming that the baby in the brokerage’s latest commercial was based on her life. Lohan came to this conclusion because the character’s name is Lindsay, she’s referred to as a “milk-a-holic,” and there’s a suggestion that the young one is a man-stealing tramp (she also claimed that though the name “Lohan” is never mentioned, she’s attained first name recognition. Plus, the stuff about the baby being a strung out slut). For the grave offense, Lohan demanded the spots pulled, and $100 million for the emotional distress they caused her. At the time, E*Trade said the bitch be crazy, and claimed that they used the name Lindsay because it’s “a popular baby name” and not because they were trying to insinuate that Lohan is some sort of strung out whore (baby). Now the company is defending itself via comments that have been made online about Linds, a defense I don’t really understand but can appreciate nonetheless.

Lohan is “a pot-stirring, lazy, irresponsible, disrespectful little drama queen,” the papers — filed in Nassau County Supreme Court — quote one on-line commenter as saying.

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