> From a Yahoo thread:

> "This extension is one of the key pieces of the puzzle for the destiny
> of ETFC. This is something that the government is working on this
> week, and I am under impression that the extension until April of 2010
> seems to be on track for approval. Assuming the extension is approved
> - it will allow ETFC to shed real estate secured loans quicker and
> will give support to real estate prices. It may also lead to more
> upgrades."

> Thoughts/info?

> From a Yahoo thread:

> "This extension is one of the key pieces of the puzzle for the destiny
> of ETFC. This is something that the government is working on this
> week, and I am under impression that the extension until April of 2010
> seems to be on track for approval. Assuming the extension is approved
> - it will allow ETFC to shed real estate secured loans quicker and
> will give support to real estate prices. It may also lead to more
> upgrades."

> Thoughts/info?

> I think over all the impact will be minimal. Its not gonna really stop
> people from defaulting, its biggest impact will be helping with the
> recovery rates from already forclosed upon houses. I'm not entirely
> sure but my assumption is that the 180+ day deliquent loans are just
> whats leftover after chargeoffs, its the assumed recovery ammount
> they'll get from forclosures. They have close to 1 Billion in that
> category. If housing prices continue to decline, that bucket could be
> a source of more chargeoffs. If the extention helps boost prices
> etrade might be able to recover more than they were expecting and lead
> to a modest gain. Either way its probably an insignificant ammount, a
> few million dollars.

> On Nov 4, 3:16 pm, capn <l...@hotmail.com> wrote:

> > From a Yahoo thread:

> > "This extension is one of the key pieces of the puzzle for the destiny
> > of ETFC. This is something that the government is working on this
> > week, and I am under impression that the extension until April of 2010
> > seems to be on track for approval. Assuming the extension is approved
> > - it will allow ETFC to shed real estate secured loans quicker and
> > will give support to real estate prices. It may also lead to more
> > upgrades."

> > Thoughts/info?

> There is a version of the bill that would also allow non-first time
> home buyers to claim the credit.  I suppose you could look at it as
> relief for some current homeowners and also for those looking to
> unload what they got.

> "Senator Isakson, a former real estate broker himself who has become a
> leading voice on housing market issues, had introduced his own bill
> several weeks ago. That would not only extend the credit for a year
> after it's renewed, it would allow all homebuyers, not just first-
> timers, to claim it, as long as the property is for a principle
> residence. The bill would also increase the tax refund to as much as
> $15,000."

> http://money.cnn.com/2009/09/17/real_estate/homebuyer_tax_credit_clai...

> On Nov 4, 3:48 pm, DRYSHIPS <brian.g.wal...@gmail.com> wrote:

> > I think over all the impact will be minimal. Its not gonna really stop
> > people from defaulting, its biggest impact will be helping with the
> > recovery rates from already forclosed upon houses. I'm not entirely
> > sure but my assumption is that the 180+ day deliquent loans are just
> > whats leftover after chargeoffs, its the assumed recovery ammount
> > they'll get from forclosures. They have close to 1 Billion in that
> > category. If housing prices continue to decline, that bucket could be
> > a source of more chargeoffs. If the extention helps boost prices
> > etrade might be able to recover more than they were expecting and lead
> > to a modest gain. Either way its probably an insignificant ammount, a
> > few million dollars.

> > On Nov 4, 3:16 pm, capn <l...@hotmail.com> wrote:

> > > From a Yahoo thread:

> > > "This extension is one of the key pieces of the puzzle for the destiny
> > > of ETFC. This is something that the government is working on this
> > > week, and I am under impression that the extension until April of 2010
> > > seems to be on track for approval. Assuming the extension is approved
> > > - it will allow ETFC to shed real estate secured loans quicker and
> > > will give support to real estate prices. It may also lead to more
> > > upgrades."

> > > Thoughts/info?

> There's some good discussion on this at Yahoohttp://messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_E/threadview...

> What I like is that the person posting understands the makeup of AMTD/
> TDBank's interest and potential role.  I also very much like the 3rd
> post in the thread bringing a tempering perspective.  Yes, I would
> like to know what is going on behind the scenes.  I'll take another
> tact here - I've always noted that some institutional banks take a
> contrary view of "troubled assets" - American banks, that is.  TDBank
> is almost like the proverbial gorilla or elephant in the room.  I wish
> I could've seen the TDBank takeover of Commerce (a bank I use).
> Regardless, if you read the thread, a possible AMTD/ETFC merger all
> really depends on how good they keep a lid on the news - I've always
> thought sooner than Q4 2010 (like Q1 or 2 2010) but there is a really
> good chance that AMTD is way-further along with TOS integration than
> we know and ready to jump in before year end.

> My gut is swirling again - many of you remember the last time this
> happened (not that my intestinal feelings should be a trusted
> gauge) .... I'm sensing a convergence of different things again (the
> last time there were real takeover rumors Ameritrade was completing
> its merger with TD Waterhouse and it was just prior to ETFC almost
> imploding).

> On Nov 4, 3:56 pm, capn <l...@hotmail.com> wrote:

> > There is a version of the bill that would also allow non-first time
> > home buyers to claim the credit.  I suppose you could look at it as
> > relief for some current homeowners and also for those looking to
> > unload what they got.

> > "Senator Isakson, a former real estate broker himself who has become a
> > leading voice on housing market issues, had introduced his own bill
> > several weeks ago. That would not only extend the credit for a year
> > after it's renewed, it would allow all homebuyers, not just first-
> > timers, to claim it, as long as the property is for a principle
> > residence. The bill would also increase the tax refund to as much as
> > $15,000."

> >http://money.cnn.com/2009/09/17/real_estate/homebuyer_tax_credit_clai...

> > On Nov 4, 3:48 pm, DRYSHIPS <brian.g.wal...@gmail.com> wrote:

> > > I think over all the impact will be minimal. Its not gonna really stop
> > > people from defaulting, its biggest impact will be helping with the
> > > recovery rates from already forclosed upon houses. I'm not entirely
> > > sure but my assumption is that the 180+ day deliquent loans are just
> > > whats leftover after chargeoffs, its the assumed recovery ammount
> > > they'll get from forclosures. They have close to 1 Billion in that
> > > category. If housing prices continue to decline, that bucket could be
> > > a source of more chargeoffs. If the extention helps boost prices
> > > etrade might be able to recover more than they were expecting and lead
> > > to a modest gain. Either way its probably an insignificant ammount, a
> > > few million dollars.

> > > On Nov 4, 3:16 pm, capn <l...@hotmail.com> wrote:

> > > > From a Yahoo thread:

> > > > "This extension is one of the key pieces of the puzzle for the destiny
> > > > of ETFC. This is something that the government is working on this
> > > > week, and I am under impression that the extension until April of 2010
> > > > seems to be on track for approval. Assuming the extension is approved
> > > > - it will allow ETFC to shed real estate secured loans quicker and
> > > > will give support to real estate prices. It may also lead to more
> > > > upgrades."

> > > > Thoughts/info?

> Ooooohhhh, last thought - TDBank is the largest single investor/holder
> of AMTD (AMTD is NOT a part of TDBank). Sooooooooo, it would only be
> worth if for AMTD to buy ALL of ETFC if their largest investor was
> willing to BUY from AMTD the banking side that ETFC has POST deal.
> Ok, that's my brain dump on a possibility for structuring this deal.
> AMTD does NOT want those "troubled assets" but maybe TDBank would buy
> them from AMTD.

> On Nov 4, 4:12 pm, capn <l...@hotmail.com> wrote:

> > There's some good discussion on this at Yahoohttp://messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_E/threadview...

> > What I like is that the person posting understands the makeup of AMTD/
> > TDBank's interest and potential role.  I also very much like the 3rd
> > post in the thread bringing a tempering perspective.  Yes, I would
> > like to know what is going on behind the scenes.  I'll take another
> > tact here - I've always noted that some institutional banks take a
> > contrary view of "troubled assets" - American banks, that is.  TDBank
> > is almost like the proverbial gorilla or elephant in the room.  I wish
> > I could've seen the TDBank takeover of Commerce (a bank I use).
> > Regardless, if you read the thread, a possible AMTD/ETFC merger all
> > really depends on how good they keep a lid on the news - I've always
> > thought sooner than Q4 2010 (like Q1 or 2 2010) but there is a really
> > good chance that AMTD is way-further along with TOS integration than
> > we know and ready to jump in before year end.

> > My gut is swirling again - many of you remember the last time this
> > happened (not that my intestinal feelings should be a trusted
> > gauge) .... I'm sensing a convergence of different things again (the
> > last time there were real takeover rumors Ameritrade was completing
> > its merger with TD Waterhouse and it was just prior to ETFC almost
> > imploding).

> > On Nov 4, 3:56 pm, capn <l...@hotmail.com> wrote:

> > > There is a version of the bill that would also allow non-first time
> > > home buyers to claim the credit.  I suppose you could look at it as
> > > relief for some current homeowners and also for those looking to
> > > unload what they got.

> > > "Senator Isakson, a former real estate broker himself who has become a
> > > leading voice on housing market issues, had introduced his own bill
> > > several weeks ago. That would not only extend the credit for a year
> > > after it's renewed, it would allow all homebuyers, not just first-
> > > timers, to claim it, as long as the property is for a principle
> > > residence. The bill would also increase the tax refund to as much as
> > > $15,000."

> > >http://money.cnn.com/2009/09/17/real_estate/homebuyer_tax_credit_clai...

> > > On Nov 4, 3:48 pm, DRYSHIPS <brian.g.wal...@gmail.com> wrote:

> > > > I think over all the impact will be minimal. Its not gonna really stop
> > > > people from defaulting, its biggest impact will be helping with the
> > > > recovery rates from already forclosed upon houses. I'm not entirely
> > > > sure but my assumption is that the 180+ day deliquent loans are just
> > > > whats leftover after chargeoffs, its the assumed recovery ammount
> > > > they'll get from forclosures. They have close to 1 Billion in that
> > > > category. If housing prices continue to decline, that bucket could be
> > > > a source of more chargeoffs. If the extention helps boost prices
> > > > etrade might be able to recover more than they were expecting and lead
> > > > to a modest gain. Either way its probably an insignificant ammount, a
> > > > few million dollars.

> > > > On Nov 4, 3:16 pm, capn <l...@hotmail.com> wrote:

> > > > > From a Yahoo thread:

> > > > > "This extension is one of the key pieces of the puzzle for the destiny
> > > > > of ETFC. This is something that the government is working on this
> > > > > week, and I am under impression that the extension until April of 2010
> > > > > seems to be on track for approval. Assuming the extension is approved
> > > > > - it will allow ETFC to shed real estate secured loans quicker and
> > > > > will give support to real estate prices. It may also lead to more
> > > > > upgrades."

> > > > > Thoughts/info?- Hide quoted text -

> - Show quoted text -

> I think AMTD will write down the bad debt after they buy ETFC if, they
> buy ETFC. Who knows but the CEO.

> On Nov 4, 1:16 pm, capn <l...@hotmail.com> wrote:

> > Ooooohhhh, last thought - TDBank is the largest single investor/holder
> > of AMTD (AMTD is NOT a part of TDBank). Sooooooooo, it would only be
> > worth if for AMTD to buy ALL of ETFC if their largest investor was
> > willing to BUY from AMTD the banking side that ETFC has POST deal.
> > Ok, that's my brain dump on a possibility for structuring this deal.
> > AMTD does NOT want those "troubled assets" but maybe TDBank would buy
> > them from AMTD.

> > On Nov 4, 4:12 pm, capn <l...@hotmail.com> wrote:

> > > There's some good discussion on this at Yahoohttp://messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_E/threadview...

> > > What I like is that the person posting understands the makeup of AMTD/
> > > TDBank's interest and potential role.  I also very much like the 3rd
> > > post in the thread bringing a tempering perspective.  Yes, I would
> > > like to know what is going on behind the scenes.  I'll take another
> > > tact here - I've always noted that some institutional banks take a
> > > contrary view of "troubled assets" - American banks, that is.  TDBank
> > > is almost like the proverbial gorilla or elephant in the room.  I wish
> > > I could've seen the TDBank takeover of Commerce (a bank I use).
> > > Regardless, if you read the thread, a possible AMTD/ETFC merger all
> > > really depends on how good they keep a lid on the news - I've always
> > > thought sooner than Q4 2010 (like Q1 or 2 2010) but there is a really
> > > good chance that AMTD is way-further along with TOS integration than
> > > we know and ready to jump in before year end.

> > > My gut is swirling again - many of you remember the last time this
> > > happened (not that my intestinal feelings should be a trusted
> > > gauge) .... I'm sensing a convergence of different things again (the
> > > last time there were real takeover rumors Ameritrade was completing
> > > its merger with TD Waterhouse and it was just prior to ETFC almost
> > > imploding).

> > > On Nov 4, 3:56 pm, capn <l...@hotmail.com> wrote:

> > > > There is a version of the bill that would also allow non-first time
> > > > home buyers to claim the credit.  I suppose you could look at it as
> > > > relief for some current homeowners and also for those looking to
> > > > unload what they got.

> > > > "Senator Isakson, a former real estate broker himself who has become a
> > > > leading voice on housing market issues, had introduced his own bill
> > > > several weeks ago. That would not only extend the credit for a year
> > > > after it's renewed, it would allow all homebuyers, not just first-
> > > > timers, to claim it, as long as the property is for a principle
> > > > residence. The bill would also increase the tax refund to as much as
> > > > $15,000."

> > > >http://money.cnn.com/2009/09/17/real_estate/homebuyer_tax_credit_clai...

> > > > On Nov 4, 3:48 pm, DRYSHIPS <brian.g.wal...@gmail.com> wrote:

> > > > > I think over all the impact will be minimal. Its not gonna really stop
> > > > > people from defaulting, its biggest impact will be helping with the
> > > > > recovery rates from already forclosed upon houses. I'm not entirely
> > > > > sure but my assumption is that the 180+ day deliquent loans are just
> > > > > whats leftover after chargeoffs, its the assumed recovery ammount
> > > > > they'll get from forclosures. They have close to 1 Billion in that
> > > > > category. If housing prices continue to decline, that bucket could be
> > > > > a source of more chargeoffs. If the extention helps boost prices
> > > > > etrade might be able to recover more than they were expecting and lead
> > > > > to a modest gain. Either way its probably an insignificant ammount, a
> > > > > few million dollars.

> > > > > On Nov 4, 3:16 pm, capn <l...@hotmail.com> wrote:

> > > > > > From a Yahoo thread:

> > > > > > "This extension is one of the key pieces of the puzzle for the destiny
> > > > > > of ETFC. This is something that the government is working on this
> > > > > > week, and I am under impression that the extension until April of 2010
> > > > > > seems to be on track for approval. Assuming the extension is approved
> > > > > > - it will allow ETFC to shed real estate secured loans quicker and
> > > > > > will give support to real estate prices. It may also lead to more
> > > > > > upgrades."

> > > > > > Thoughts/info?- Hide quoted text -

> > - Show quoted text -

> You're missing the point - a company like JPM could buy the whole ball
> of wax that is ETFC.  A company like SCHW ... no, they are without the
> resources - they don't have enough to do it and neither does AMTD,
> unless they act as broker for a deal with their largest shareholder,
> TDBank, who would likely see the same value in the mortgage-related
> assets that a JPM would find.  C'mon guys, think outside the box.  I
> was just reading rronnieboy's "stellar" readers digest summary of the
> 10Q ... not.  Actually read this stuff to find enough info to be
> strategic.  Otherwise you're just here trying to cheerlead for a
> stock.  I don't mean to be gruff but I don't hit these chat boards to
> just cheerlead - I do it to discuss an investment I decided, like
> others, to take a long risk on betting it goes up, as I do w/ all my
> trades.

> On Nov 4, 6:20 pm, cjre3 <cj...@yahoo.com> wrote:

> > I think AMTD will write down the bad debt after they buy ETFC if, they
> > buy ETFC. Who knows but the CEO.

> > On Nov 4, 1:16 pm, capn <l...@hotmail.com> wrote:

> > > Ooooohhhh, last thought - TDBank is the largest single investor/holder
> > > of AMTD (AMTD is NOT a part of TDBank). Sooooooooo, it would only be
> > > worth if for AMTD to buy ALL of ETFC if their largest investor was
> > > willing to BUY from AMTD the banking side that ETFC has POST deal.
> > > Ok, that's my brain dump on a possibility for structuring this deal.
> > > AMTD does NOT want those "troubled assets" but maybe TDBank would buy
> > > them from AMTD.

> > > On Nov 4, 4:12 pm, capn <l...@hotmail.com> wrote:

> > > > There's some good discussion on this at Yahoohttp://messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_E/threadview...

> > > > What I like is that the person posting understands the makeup of AMTD/
> > > > TDBank's interest and potential role.  I also very much like the 3rd
> > > > post in the thread bringing a tempering perspective.  Yes, I would
> > > > like to know what is going on behind the scenes.  I'll take another
> > > > tact here - I've always noted that some institutional banks take a
> > > > contrary view of "troubled assets" - American banks, that is.  TDBank
> > > > is almost like the proverbial gorilla or elephant in the room.  I wish
> > > > I could've seen the TDBank takeover of Commerce (a bank I use).
> > > > Regardless, if you read the thread, a possible AMTD/ETFC merger all
> > > > really depends on how good they keep a lid on the news - I've always
> > > > thought sooner than Q4 2010 (like Q1 or 2 2010) but there is a really
> > > > good chance that AMTD is way-further along with TOS integration than
> > > > we know and ready to jump in before year end.

> > > > My gut is swirling again - many of you remember the last time this
> > > > happened (not that my intestinal feelings should be a trusted
> > > > gauge) .... I'm sensing a convergence of different things again (the
> > > > last time there were real takeover rumors Ameritrade was completing
> > > > its merger with TD Waterhouse and it was just prior to ETFC almost
> > > > imploding).

> > > > On Nov 4, 3:56 pm, capn <l...@hotmail.com> wrote:

> > > > > There is a version of the bill that would also allow non-first time
> > > > > home buyers to claim the credit.  I suppose you could look at it as
> > > > > relief for some current homeowners and also for those looking to
> > > > > unload what they got.

> > > > > "Senator Isakson, a former real estate broker himself who has become a
> > > > > leading voice on housing market issues, had introduced his own bill
> > > > > several weeks ago. That would not only extend the credit for a year
> > > > > after it's renewed, it would allow all homebuyers, not just first-
> > > > > timers, to claim it, as long as the property is for a principle
> > > > > residence. The bill would also increase the tax refund to as much as
> > > > > $15,000."

> > > > >http://money.cnn.com/2009/09/17/real_estate/homebuyer_tax_credit_clai...

> > > > > On Nov 4, 3:48 pm, DRYSHIPS <brian.g.wal...@gmail.com> wrote:

> > > > > > I think over all the impact will be minimal. Its not gonna really stop
> > > > > > people from defaulting, its biggest impact will be helping with the
> > > > > > recovery rates from already forclosed upon houses. I'm not entirely
> > > > > > sure but my assumption is that the 180+ day deliquent loans are just
> > > > > > whats leftover after chargeoffs, its the assumed recovery ammount
> > > > > > they'll get from forclosures. They have close to 1 Billion in that
> > > > > > category. If housing prices continue to decline, that bucket could be
> > > > > > a source of more chargeoffs. If the extention helps boost prices
> > > > > > etrade might be able to recover more than they were expecting and lead
> > > > > > to a modest gain. Either way its probably an insignificant ammount, a
> > > > > > few million dollars.

> > > > > > On Nov 4, 3:16 pm, capn <l...@hotmail.com> wrote:

> > > > > > > From a Yahoo thread:

> > > > > > > "This extension is one of the key pieces of the puzzle for the destiny
> > > > > > > of ETFC. This is something that the government is working on this
> > > > > > > week, and I am under impression that the extension until April of 2010
> > > > > > > seems to be on track for approval. Assuming the extension is approved
> > > > > > > - it will allow ETFC to shed real estate secured loans quicker and
> > > > > > > will give support to real estate prices. It may also lead to more
> > > > > > > upgrades."

> > > > > > > Thoughts/info?- Hide quoted text -

> > > - Show quoted text -

> disregard - just gettin cranky.

> On Nov 4, 7:47 pm, capn <l...@hotmail.com> wrote:

> > You're missing the point - a company like JPM could buy the whole ball
> > of wax that is ETFC.  A company like SCHW ... no, they are without the
> > resources - they don't have enough to do it and neither does AMTD,
> > unless they act as broker for a deal with their largest shareholder,
> > TDBank, who would likely see the same value in the mortgage-related
> > assets that a JPM would find.  C'mon guys, think outside the box.  I
> > was just reading rronnieboy's "stellar" readers digest summary of the
> > 10Q ... not.  Actually read this stuff to find enough info to be
> > strategic.  Otherwise you're just here trying to cheerlead for a
> > stock.  I don't mean to be gruff but I don't hit these chat boards to
> > just cheerlead - I do it to discuss an investment I decided, like
> > others, to take a long risk on betting it goes up, as I do w/ all my
> > trades.

> > On Nov 4, 6:20 pm, cjre3 <cj...@yahoo.com> wrote:

> > > I think AMTD will write down the bad debt after they buy ETFC if, they
> > > buy ETFC. Who knows but the CEO.

> > > On Nov 4, 1:16 pm, capn <l...@hotmail.com> wrote:

> > > > Ooooohhhh, last thought - TDBank is the largest single investor/holder
> > > > of AMTD (AMTD is NOT a part of TDBank). Sooooooooo, it would only be
> > > > worth if for AMTD to buy ALL of ETFC if their largest investor was
> > > > willing to BUY from AMTD the banking side that ETFC has POST deal.
> > > > Ok, that's my brain dump on a possibility for structuring this deal.
> > > > AMTD does NOT want those "troubled assets" but maybe TDBank would buy
> > > > them from AMTD.

> > > > On Nov 4, 4:12 pm, capn <l...@hotmail.com> wrote:

> > > > > There's some good discussion on this at Yahoohttp://messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_E/threadview...

> > > > > What I like is that the person posting understands the makeup of AMTD/
> > > > > TDBank's interest and potential role.  I also very much like the 3rd
> > > > > post in the thread bringing a tempering perspective.  Yes, I would
> > > > > like to know what is going on behind the scenes.  I'll take another
> > > > > tact here - I've always noted that some institutional banks take a
> > > > > contrary view of "troubled assets" - American banks, that is.  TDBank
> > > > > is almost like the proverbial gorilla or elephant in the room.  I wish
> > > > > I could've seen the TDBank takeover of Commerce (a bank I use).
> > > > > Regardless, if you read the thread, a possible AMTD/ETFC merger all
> > > > > really depends on how good they keep a lid on the news - I've always
> > > > > thought sooner than Q4 2010 (like Q1 or 2 2010) but there is a really
> > > > > good chance that AMTD is way-further along with TOS integration than
> > > > > we know and ready to jump in before year end.

> > > > > My gut is swirling again - many of you remember the last time this
> > > > > happened (not that my intestinal feelings should be a trusted
> > > > > gauge) .... I'm sensing a convergence of different things again (the
> > > > > last time there were real takeover rumors Ameritrade was completing
> > > > > its merger with TD Waterhouse and it was just prior to ETFC almost
> > > > > imploding).

> > > > > On Nov 4, 3:56 pm, capn <l...@hotmail.com> wrote:

> > > > > > There is a version of the bill that would also allow non-first time
> > > > > > home buyers to claim the credit.  I suppose you could look at it as
> > > > > > relief for some current homeowners and also for those looking to
> > > > > > unload what they got.

> > > > > > "Senator Isakson, a former real estate broker himself who has become a
> > > > > > leading voice on housing market issues, had introduced his own bill
> > > > > > several weeks ago. That would not only extend the credit for a year
> > > > > > after it's renewed, it would allow all homebuyers, not just first-
> > > > > > timers, to claim it, as long as the property is for a principle
> > > > > > residence. The bill would also increase the tax refund to as much as
> > > > > > $15,000."

> > > > > >http://money.cnn.com/2009/09/17/real_estate/homebuyer_tax_credit_clai...

> > > > > > On Nov 4, 3:48 pm, DRYSHIPS <brian.g.wal...@gmail.com> wrote:

> > > > > > > I think over all the impact will be minimal. Its not gonna really stop
> > > > > > > people from defaulting, its biggest impact will be helping with the
> > > > > > > recovery rates from already forclosed upon houses. I'm not entirely
> > > > > > > sure but my assumption is that the 180+ day deliquent loans are just
> > > > > > > whats leftover after chargeoffs, its the assumed recovery ammount
> > > > > > > they'll get from forclosures. They have close to 1 Billion in that
> > > > > > > category. If housing prices continue to decline, that bucket could be
> > > > > > > a source of more chargeoffs. If the extention helps boost prices
> > > > > > > etrade might be able to recover more than they were expecting and lead
> > > > > > > to a modest gain. Either way its probably an insignificant ammount, a
> > > > > > > few million dollars.

> > > > > > > On Nov 4, 3:16 pm, capn <l...@hotmail.com> wrote:

> > > > > > > > From a Yahoo thread:

> > > > > > > > "This extension is one of the key pieces of the puzzle for the destiny
> > > > > > > > of ETFC. This is something that the government is working on this
> > > > > > > > week, and I am under impression that the extension until April of 2010
> > > > > > > > seems to be on track for approval. Assuming the extension is approved
> > > > > > > > - it will allow ETFC to shed real estate secured loans quicker and
> > > > > > > > will give support to real estate prices. It may also lead to more
> > > > > > > > upgrades."

> > > > > > > > Thoughts/info?- Hide quoted text -

> > > > - Show quoted text -

> lol

> On Nov 4, 8:12 pm, capn <l...@hotmail.com> wrote:

> > disregard - just gettin cranky.

> > On Nov 4, 7:47 pm, capn <l...@hotmail.com> wrote:

> > > You're missing the point - a company like JPM could buy the whole ball
> > > of wax that is ETFC.  A company like SCHW ... no, they are without the
> > > resources - they don't have enough to do it and neither does AMTD,
> > > unless they act as broker for a deal with their largest shareholder,
> > > TDBank, who would likely see the same value in the mortgage-related
> > > assets that a JPM would find.  C'mon guys, think outside the box.  I
> > > was just reading rronnieboy's "stellar" readers digest summary of the
> > > 10Q ... not.  Actually read this stuff to find enough info to be
> > > strategic.  Otherwise you're just here trying to cheerlead for a
> > > stock.  I don't mean to be gruff but I don't hit these chat boards to
> > > just cheerlead - I do it to discuss an investment I decided, like
> > > others, to take a long risk on betting it goes up, as I do w/ all my
> > > trades.

> > > On Nov 4, 6:20 pm, cjre3 <cj...@yahoo.com> wrote:

> > > > I think AMTD will write down the bad debt after they buy ETFC if, they
> > > > buy ETFC. Who knows but the CEO.

> > > > On Nov 4, 1:16 pm, capn <l...@hotmail.com> wrote:

> > > > > Ooooohhhh, last thought - TDBank is the largest single investor/holder
> > > > > of AMTD (AMTD is NOT a part of TDBank). Sooooooooo, it would only be
> > > > > worth if for AMTD to buy ALL of ETFC if their largest investor was
> > > > > willing to BUY from AMTD the banking side that ETFC has POST deal.
> > > > > Ok, that's my brain dump on a possibility for structuring this deal.
> > > > > AMTD does NOT want those "troubled assets" but maybe TDBank would buy
> > > > > them from AMTD.

> > > > > On Nov 4, 4:12 pm, capn <l...@hotmail.com> wrote:

> > > > > > There's some good discussion on this at Yahoohttp://messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_E/threadview...

> > > > > > What I like is that the person posting understands the makeup of AMTD/
> > > > > > TDBank's interest and potential role.  I also very much like the 3rd
> > > > > > post in the thread bringing a tempering perspective.  Yes, I would
> > > > > > like to know what is going on behind the scenes.  I'll take another
> > > > > > tact here - I've always noted that some institutional banks take a
> > > > > > contrary view of "troubled assets" - American banks, that is.  TDBank
> > > > > > is almost like the proverbial gorilla or elephant in the room.  I wish
> > > > > > I could've seen the TDBank takeover of Commerce (a bank I use).
> > > > > > Regardless, if you read the thread, a possible AMTD/ETFC merger all
> > > > > > really depends on how good they keep a lid on the news - I've always
> > > > > > thought sooner than Q4 2010 (like Q1 or 2 2010) but there is a really
> > > > > > good chance that AMTD is way-further along with TOS integration than
> > > > > > we know and ready to jump in before year end.

> > > > > > My gut is swirling again - many of you remember the last time this
> > > > > > happened (not that my intestinal feelings should be a trusted
> > > > > > gauge) .... I'm sensing a convergence of different things again (the
> > > > > > last time there were real takeover rumors Ameritrade was completing
> > > > > > its merger with TD Waterhouse and it was just prior to ETFC almost
> > > > > > imploding).

> > > > > > On Nov 4, 3:56 pm, capn <l...@hotmail.com> wrote:

> > > > > > > There is a version of the bill that would also allow non-first time
> > > > > > > home buyers to claim the credit.  I suppose you could look at it as
> > > > > > > relief for some current homeowners and also for those looking to
> > > > > > > unload what they got.

> > > > > > > "Senator Isakson, a former real estate broker himself who has become a
> > > > > > > leading voice on housing market issues, had introduced his own bill
> > > > > > > several weeks ago. That would not only extend the credit for a year
> > > > > > > after it's renewed, it would allow all homebuyers, not just first-
> > > > > > > timers, to claim it, as long as the property is for a principle
> > > > > > > residence. The bill would also increase the tax refund to as much as
> > > > > > > $15,000."

> > > > > > >http://money.cnn.com/2009/09/17/real_estate/homebuyer_tax_credit_clai...

> > > > > > > On Nov 4, 3:48 pm, DRYSHIPS <brian.g.wal...@gmail.com> wrote:

> > > > > > > > I think over all the impact will be minimal. Its not gonna really stop
> > > > > > > > people from defaulting, its biggest impact will be helping with the
> > > > > > > > recovery rates from already forclosed upon houses. I'm not entirely
> > > > > > > > sure but my assumption is that the 180+ day deliquent loans are just
> > > > > > > > whats leftover after chargeoffs, its the assumed recovery ammount
> > > > > > > > they'll get from forclosures. They have close to 1 Billion in that
> > > > > > > > category. If housing prices continue to decline, that bucket could be
> > > > > > > > a source of more chargeoffs. If the extention helps boost prices
> > > > > > > > etrade might be able to recover more than they were expecting and lead
> > > > > > > > to a modest gain. Either way its probably an insignificant ammount, a
> > > > > > > > few million dollars.

> > > > > > > > On Nov 4, 3:16 pm, capn <l...@hotmail.com> wrote:

> > > > > > > > > From a Yahoo thread:

> > > > > > > > > "This extension is one of the key pieces of the puzzle for the destiny
> > > > > > > > > of ETFC. This is something that the government is working on this
> > > > > > > > > week, and I am under impression that the extension until April of 2010
> > > > > > > > > seems to be on track for approval. Assuming the extension is approved
> > > > > > > > > - it will allow ETFC to shed real estate secured loans quicker and
> > > > > > > > > will give support to real estate prices. It may also lead to more
> > > > > > > > > upgrades."

> > > > > > > > > Thoughts/info?- Hide quoted text -

> > > > > - Show quoted text -

> disregard - just gettin cranky.

> On Nov 4, 7:47 pm, capn <l...@hotmail.com> wrote:

> > You're missing the point - a company like JPM could buy the whole ball
> > of wax that is ETFC.  A company like SCHW ... no, they are without the
> > resources - they don't have enough to do it and neither does AMTD,
> > unless they act as broker for a deal with their largest shareholder,
> > TDBank, who would likely see the same value in the mortgage-related
> > assets that a JPM would find.  C'mon guys, think outside the box.  I
> > was just reading rronnieboy's "stellar" readers digest summary of the
> > 10Q ... not.  Actually read this stuff to find enough info to be
> > strategic.  Otherwise you're just here trying to cheerlead for a
> > stock.  I don't mean to be gruff but I don't hit these chat boards to
> > just cheerlead - I do it to discuss an investment I decided, like
> > others, to take a long risk on betting it goes up, as I do w/ all my
> > trades.

> > On Nov 4, 6:20 pm, cjre3 <cj...@yahoo.com> wrote:

> > > I think AMTD will write down the bad debt after they buy ETFC if, they
> > > buy ETFC. Who knows but the CEO.

> > > On Nov 4, 1:16 pm, capn <l...@hotmail.com> wrote:

> > > > Ooooohhhh, last thought - TDBank is the largest single investor/holder
> > > > of AMTD (AMTD is NOT a part of TDBank). Sooooooooo, it would only be
> > > > worth if for AMTD to buy ALL of ETFC if their largest investor was
> > > > willing to BUY from AMTD the banking side that ETFC has POST deal.
> > > > Ok, that's my brain dump on a possibility for structuring this deal.
> > > > AMTD does NOT want those "troubled assets" but maybe TDBank would buy
> > > > them from AMTD.

> > > > On Nov 4, 4:12 pm, capn <l...@hotmail.com> wrote:

> > > > > There's some good discussion on this at Yahoohttp://messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_E/threadview...

> > > > > What I like is that the person posting understands the makeup of AMTD/
> > > > > TDBank's interest and potential role.  I also very much like the 3rd
> > > > > post in the thread bringing a tempering perspective.  Yes, I would
> > > > > like to know what is going on behind the scenes.  I'll take another
> > > > > tact here - I've always noted that some institutional banks take a
> > > > > contrary view of "troubled assets" - American banks, that is.  TDBank
> > > > > is almost like the proverbial gorilla or elephant in the room.  I wish
> > > > > I could've seen the TDBank takeover of Commerce (a bank I use).
> > > > > Regardless, if you read the thread, a possible AMTD/ETFC merger all
> > > > > really depends on how good they keep a lid on the news - I've always
> > > > > thought sooner than Q4 2010 (like Q1 or 2 2010) but there is a really
> > > > > good chance that AMTD is way-further along with TOS integration than
> > > > > we know and ready to jump in before year end.

> > > > > My gut is swirling again - many of you remember the last time this
> > > > > happened (not that my intestinal feelings should be a trusted
> > > > > gauge) .... I'm sensing a convergence of different things again (the
> > > > > last time there were real takeover rumors Ameritrade was completing
> > > > > its merger with TD Waterhouse and it was just prior to ETFC almost
> > > > > imploding).

> > > > > On Nov 4, 3:56 pm, capn <l...@hotmail.com> wrote:

> > > > > > There is a version of the bill that would also allow non-first time
> > > > > > home buyers to claim the credit.  I suppose you could look at it as
> > > > > > relief for some current homeowners and also for those looking to
> > > > > > unload what they got.

> > > > > > "Senator Isakson, a former real estate broker himself who has become a
> > > > > > leading voice on housing market issues, had introduced his own bill
> > > > > > several weeks ago. That would not only extend the credit for a year
> > > > > > after it's renewed, it would allow all homebuyers, not just first-
> > > > > > timers, to claim it, as long as the property is for a principle
> > > > > > residence. The bill would also increase the tax refund to as much as
> > > > > > $15,000."

> > > > > >http://money.cnn.com/2009/09/17/real_estate/homebuyer_tax_credit_clai...

> > > > > > On Nov 4, 3:48 pm, DRYSHIPS <brian.g.wal...@gmail.com> wrote:

> > > > > > > I think over all the impact will be minimal. Its not gonna really stop
> > > > > > > people from defaulting, its biggest impact will be helping with the
> > > > > > > recovery rates from already forclosed upon houses. I'm not entirely
> > > > > > > sure but my assumption is that the 180+ day deliquent loans are just
> > > > > > > whats leftover after chargeoffs, its the assumed recovery ammount
> > > > > > > they'll get from forclosures. They have close to 1 Billion in that
> > > > > > > category. If housing prices continue to decline, that bucket could be
> > > > > > > a source of more chargeoffs. If the extention helps boost prices
> > > > > > > etrade might be able to recover more than they were expecting and lead
> > > > > > > to a modest gain. Either way its probably an insignificant ammount, a
> > > > > > > few million dollars.

> > > > > > > On Nov 4, 3:16 pm, capn <l...@hotmail.com> wrote:

> > > > > > > > From a Yahoo thread:

> > > > > > > > "This extension is one of the key pieces of the puzzle for the destiny
> > > > > > > > of ETFC. This is something that the government is working on this
> > > > > > > > week, and I am under impression that the extension until April of 2010
> > > > > > > > seems to be on track for approval. Assuming the extension is approved
> > > > > > > > - it will allow ETFC to shed real estate secured loans quicker and
> > > > > > > > will give support to real estate prices. It may also lead to more
> > > > > > > > upgrades."

> > > > > > > > Thoughts/info?- Hide quoted text -

> > > > - Show quoted text -- Hide quoted text -

> - Show quoted text -