Submitted by Bradley Tinney03.01.2008
Thunderdome
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Betting closes on Dec 31 2008
"Many suggest E*Trade could be a great buyout target, either for a healthier discount rival such as Ameritrade or a more traditional rival like Bank of America (BAC). Its recognizable brand and well-regarded technology make E*Trade a tempting target." - BusinessWeek.
This is a prediction that E*Trade will be offered an acquisition proposal (Ameritrade, Bank of America, or anyone else) by the end 2008.
Current Community Consensus 24%Prediction Statistics
| Betting Closes: | Dec 31 2008 | Current Consensus: | 24.05% | Total Bets: | 36 |
| Today's Change: | -5.89% | ||||
| Life Time High: | 53.74% | ||||
| Life Time Low: | 24.05% |
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E*Trade may seek federal aid
Although it seems likely for consolidation in the brokerage industry, this is not likely in the remaining time in 2008 (especially federal aid is granted).
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