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E*Trade execs lose jet, pad privileges

Started by Joelle, April 18, 2008, 11:12:25 PM

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Joelle

E*Trade execs lose jet, pad privileges
      


E*Trade’s belt-tightening after hitting turbulence last fall has also included ending the leases on its corporate apartments in New York and DC, forcing its executives to slum it when they travel. When new CEO, Don Layton, told an investor call after the discount brokerage announced earnings on Thursday, “E*Trade will be a smaller, simpler company,” he wasn’t kidding.
Now the [...]
         

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