Redwood Trading? Anyone know what happened?

Quote from Ebo:

They were "absorbed" by E*Trade group. I do not know if any money was actually involved.

Hmm .... interesting...... never understood their business model or pitch when they made it a couple of years ago ..... didn't put up any dollars towwards that venture..... It would be interesting to know if the made any money on the transaction ....
 
Redwood ceased to exist last fall.

I have no affiliation with them, just a friend that was looking at them prior to the E*Turd deal/talks???
 
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