MS taking over E-trade is kind of like a coming of age story. Gorman has been watching ET for decades.

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I'm interested to see if this will turn MS into more of an avg consumer bank

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I feel like a lot of financial acqs and mergs have been going on lately. So many firms really taking advantage of this period of dereg

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the $0 commissions is a big contributor this, ET didn’t have the necessary scale to succeed in this environment and was forced to sell. On a side note, Robinhood is screwed.

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Figured this is the best place for this Ancestry conversation: https://joinfishbowl.com/post_00jlpi

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