Can E*Trade’s Directors Prevent a Downfall?

E*Trade is facing some serious scrutiny today as the company has announced that it expects to take major write downs in the fourth quarter. The company is also seeing significant trade volatility as the SEC leads a probe into its loan and securities portfolios and talk of bankruptcy is in the air (see article by Paul Foster in BloggingStocks). Can E*Trade’s leadership team pull the company out of this downward spiral? We created an IntellectSpace Knowledge Map of the second-degree ties of E*Trade’s Board of Directors in the hopes that corporate ties and leadership experience could suggest a turnaround (Note: the information contained and presented in Knowledge Maps is public information from the Securities and Exchange Commission of the United States of America).

As shown in this IntellectSpace Knowledge Map, nearly all of the Directors at E*Trade have current corporate leadership affiliations elsewhere, though it is difficult to say how valuable this experience will be in this latest crisis. Some of the more notable connections show that E*Trade Director Daryl G Brewster is the CEO of Krispy Kreme Doughnuts, and that Cathleen Raffaeli (Director of E*Trade) holds executive and board positions at Hamilton White Group and American Home Mortgage Investment. Other E*Trade Directors are shown to be linked to a number of other companies in varying industries.

Hopefully the experience of E*Trade’s Board of Directors will serve the company well as it tries to stay afloat during this rocky period.

Click here or copy this link into your Internet Explorer browser for an interactive version of this IntellectSpace Knowledge Map: http://nv.intellectspace.com/ispace/GuestMonitor.aspx?id=643fed48-44e7-41f4-86bd-918210e3ca32