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[researcher59]

len: ETFC is trading up 7% after hours, but not sure the CEO's decision to cancel a speaking engagement is necessarily evidence of a potential buyout. More likely he's just trying to avoid a lot of pointed questions about their exposure to writedowns of their CDO's and mortgage assets .... and why he got them into this mess to begin with.

But I won't be surprised if eventually Ameritrade tries to buy ETrade at a 'deep discount' to the $22 offer they supposedly made over the summer. It's the best way to get all the ETrade accounts.