E-Trade Swallows Cake Financial, Shuts It Down

January 14th, 2010 admin

Cake Financial, a social web service for sharing stock portfolios, has been acquired by E-Trade. The service is to be shut down, information destroyed and account payments reimbursed, according to a thinly positive landing page letter from Cake CEO Steven Carpenter now blocking access to the site. “We are honored to be a part of the E-trade family and believe that E-trade can make the vision we had for all investors a reality,” it reads. No word yet from E-Trade about the deal, the terms of which were not disclosed. Cake, which launched in 2007, had seen minimal…


Originally posted on Biz-News

 
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TeecycleJess (TeecycleJess)  : Deep in financial cost projections. @TeecycleTim better reward me w/ funfetti cake (current craving)...
Updated : 2010-03-11T01:18:04Z   |  Reply  |  View Tweet
TumbaPanti (Bryant Mendez)  : @ms_sugakane yea i use to be a financial specialist at 19 and 20 for wachovia i use 2 make cake but i wanted 2 finish school..
Updated : 2010-03-10T18:30:42Z   |  Reply  |  View Tweet
lecb (Ellie Seaby)  : @Jocassels Neither do I! I made the fundamental error of spending 60 BEFORE knowing what the cake was. Maybe i'm having financial worries...
Updated : 2010-03-10T12:16:15Z   |  Reply  |  View Tweet
Adore_Me710 (Bianca Almanzar)  : @charlieb5788 i had a good day.had a english midterm which was a piece of cake :) & went to the financial aid office& handled some business..
Updated : 2010-03-10T05:52:05Z   |  Reply  |  View Tweet
tracytilghman (Tracy)  : Open marriage works? Really? Why bother getting married? Just for financial gain? Greedy ppl want to have their cake and eat it too...
Updated : 2010-03-08T17:42:59Z   |  Reply  |  View Tweet
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