E TRADE Financial Corp (ETFC)

[richme]

What a shocker for me? So ETFC will be regrouping, maybe to show, Ameritrade and Schwab that it is a worthy takeover target and also if an arrangement can be made for ETFC banking E-Trade acquirers may wait until 2010: analyst
12:24p ET September 1, 2009 (MarketWatch) business to be shield or losses shared possibly by the FDIC.
The article was posted here earlier but specifically anyone have ideas as to timing of a possible buyout in 2010? My thinking is that it may be in EFTCs second quarter of 2010 because of the following consideration reflected in the article:

""TD Ameritrade would love to merge its brokerage business with E-Trade's franchise, but it wants nothing to do with the company's credit issues," he added.

A combination of TD Ameritrade and E-Trade could generate $500 million to $600 million in cost synergies, making a deal attractive, the analyst noted.

A deal sometime in 2010 would make sense, but only if E-Trade's loan portfolio has significantly improved, or if TD Ameritrade can structure a deal that shields it from the bulk of the risks lurking on E-Trade's balance sheet, Vinciquerra said.

One option may be a risk-sharing agreement with the Federal Deposit Insurance Corp., he added."

EFTC fiscal year starts on 1 January so waiting until the second quarter would give Ameritrade three quarters of results to evaluate before committing to making an offer on a buyout. That is a little long but...... Anyone have any thoughts as to what will happen tomorrow and when a merger might take place?