E-Trade Bank Going Bankrupt?

E-Trade is the latest bank to find an unfavorable place in the headlines. They anticipate hefty losses related to the subprime debacle, and some industry-watchers are speculating about bankruptcy. Will E-Trade go bankrupt?

Of course, only time will tell. However, this would be the appropriate time to check on any savings you hold at E-Trade bank. Are you under the applicable FDIC limits? If not, do something about it.

Further reading:

• MarketWatch.com on E-Trade Bank