eTrade 2005 Annual Report Download - page 54
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expect our 2006 effective tax rate to increase to approximately 37%. For additional information, see Note 18 to the Consolidated
Financial Statements.
Discontinued Operations
The net loss from discontinued operations increased by $16.1 million in 2005 compared to 2004. Gain on the disposal of discontinued
operations, net was $4.0 million in 2005 resulting from the sale of the Consumer Finance origination business of $6.4 million offset by a
$2.4 million loss related to the institutional proprietary trading unit. Loss from discontinued operations, net decreased by $11.3 million
in 2005 compared to 2004, due to
32
2006. EDGAR Online, Inc.