Thomas Rasch--Well, we've narrowed your point down to the good ol' "a lot of folks have complained about E*Trade." Yes, that is true. And a lot of folks have complained about Ameritrade, Waterhouse, DLJ Direct, and Schwab. E*Trade has over a million customers, and no doubt they don't do everything right, I'll grant you. (Neither does Merrill Lynch, for that matter--did you check out their admission of internal discrimination over the weekend?). The fact is that E*Trade, according to many independent groups that monitor this subject (Lafferty, Gomez) is the number one online broker around. If it were so damn easy, as I noted to you earlier, it wouldn't be taking Merrill six months to bring their online operation online.
And when they do, then we'll be able to compare apples to apples... |