Ex-E*Trade boss reaps $10.9 million
Mitchell H. Caplan's severance payment is equal to two times his 2006 base salary and bonus.
Mitchell H. Caplan, the former chief executive of E*Trade Financial Corp., will receive $10.9 million in severance pay.
Mr. Mitchell stepped down as top executive and from the board of the New York-based online brokerage last week amid significant losses in the company's subprime-mortgage business
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