ETFC - ETRADE WATCH
E-Trade Corp's rating has been downgraded by S&P to CCC. This rating brings one of Maharlika Funds holdings to HIGHLY SPECULATIVE TERRITORY. E-Trade's Brokerage business is still profitable, but not enough to offset it's losses in the Banking and Lending side. Maharlika Funds holds some positions in E-Trade Corp but expects minimal impact if E-Trade's situation does not improve. iMOBHQ.COM is closely monitoring E-Trade's situation.
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