E*Trade raised another $500 million in its common stock offering yesterday.

| 08 July 2009

As part of their overall restructuring plan the company announced it successfully raised half the amount they needed for their $1 billion debt exchange which they announced on Monday. While it’s a little early to tell, yet, the signs look good given that investors clearly supported the company’s offering.

I guess you can rest easy account holders, they’re not going anywhere just yet.