AMTD might be able to buy the brokerage business cheap but that wouldn't be enough to cover the subprime losses. They might be worth 0/share after cancelling out the losses...
Good for AMTD... but this might turn out to be a short lived rally for ETFC traders. I mean, if you buy ALL of ETFC -- you take over the balance sheet and assets as well. I doubt anyone wants to touch that stuff.