ETFC short position entered today short 250,000 shares @ $9.00--ETFC Doomed.

We went short ETFC at $9.00 for 250,000 shares. ETFC is doomed and will file for bankruptcy. Depositors with more than $100,000 should be cautious as that is the maximum amount insured by the FDIC, anything over that amount will be lost once ETFC declared Chapter 11.