It looks like they're trying to reduce their capital- markets business to try and save their futures and options and commodity business, which is what they're known for.
More Quotes from Larry Tabb:
The SEC has been pretty strict about monitoring conversations between investment counselors and their clients.Larry Tabb
ETrade's strategy is to make money on the margin balances, and the larger the balance, the more desirable the account is.
Larry Tabb
There's a tremendous price war going on. ETrade's strategy is not to make money on the 10 they charge to buy and sell a stock, but to make money on the margin balances.
Larry Tabb
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Community-based policing has now come to mean everything. It's a slogan. It has come to mean so many different things that people who endorse it, such as the Congress of the United States, do not know what they are talking about.
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