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E*Trade Investor Rides to the Rescue

Stock quotes in this article: ETFC , SCHW , AMTD  

Updated from Tuesday, June 9

Ken Griffin is bucking his tendency to duck the limelight to take a more active role in shoring up Citadel Investments' floundering investment in E*Trade Financial (ETFC Quote).

Griffin, whose hedge fund is E*Trade's largest shareholder, is taking a seat on E*Trade's board of directors, according to press release from the online brokerage. Griffin will serve as a member of E*Trade's finance and risk oversight committee ...

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