Value Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Grommit who wrote (13468)	12/23/2001 10:19:00 PM
From: Madharry	Read Replies (1) of 78596

Interesting article in Barrons about Etrade- apparently the company just forgave the ceo a $15MM loan and buried it in a $300MM restructuring charge. Investors did not know about the loan before its forgiveness was revealed in the latest SEC filing. The company is also nice enough to fund the manager's studies towards his doctorate- which oddly enough he is doing at the London School of Economics and he flies there about once a month. He also received a $28MM bonus last year. I have no position in Etrade, and after reading that am unlikely to initiate one. Its hard enough to make money without sanctioned asset shrinkage.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next