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EJect? Another CEO jettisoned at ETrade

Frieberg the third chief executive to exit the brokerage in four years; 'appropriate time'

E*Trade Financial Corp., the brokerage that came under pressure from its biggest shareholder to seek buyers, ousted chief executive officer Steven J. Freiberg and said its board is looking for a new leader.

The company's share price rose 6 percent to $8.50 as of 9:45 a.m. in New York. Freiberg, 5

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