<HTML>
<HEAD>
 <TITLE>FORM S-8</TITLE>
</HEAD>
<BODY BGCOLOR="#FFFFFF">

<P ALIGN="center"> <FONT SIZE=2 FACE="serif">As filed with the Securities and Exchange Commission on February 21, 2001
<BR>
</FONT>
<P ALIGN="right"><FONT SIZE=2 FACE="serif">Registration No. 333-_________
<BR>
</FONT> <HR NOSHADE ALIGN="right" WIDTH="100%" SIZE="1"><DIV ALIGN="center"><B><FONT FACE="serif">SECURITIES AND EXCHANGE COMMISSION
<BR>
</FONT></B> <FONT SIZE=2 FACE="serif">Washington, D.C. 20549 </FONT> </DIV>
<HR NOSHADE WIDTH="8%" ALIGN="center"><DIV ALIGN="center"><B><FONT FACE="serif">FORM S-8
<BR>
</FONT></B></DIV>
<DIV ALIGN="center"><B><FONT FACE="serif">REGISTRATION STATEMENT
<BR>
</FONT></B> <I><FONT SIZE=2 FACE="serif">Under
<BR>
</FONT></I> <I><FONT SIZE=2 FACE="serif">The Securities Act of 1933</FONT></I></DIV>
<P ALIGN="center"> </P>
<HR NOSHADE WIDTH="8%" ALIGN="center">
<P ALIGN="center"><B><FONT FACE="serif">E*TRADE GROUP, INC.
<BR>
</FONT></B> <FONT SIZE=1 FACE="serif">(Exact name of registrant as specified in its charter) </FONT> </P>
<TABLE WIDTH="80%" BORDER=0 CELLSPACING=0 CELLPADDING=0 ALIGN="center">
<TR>
<TD VALIGN="bottom"> <DIV ALIGN="center"><B><FONT SIZE=2 FACE="serif">Delaware</FONT></B></DIV>
</TD>
<TD WIDTH="50%" VALIGN="bottom"> <DIV ALIGN="center"><B><FONT SIZE=2 FACE="serif">94-2844166</FONT></B></DIV>
</TD>
</TR>
<TR>
<TD VALIGN="top"> <DIV ALIGN="center"><FONT SIZE=1 FACE="serif">(State or other jurisdiction
<BR>
of incorporation or organization)</FONT></DIV>
</TD>
<TD WIDTH="50%" VALIGN="top"> <DIV ALIGN="center"><FONT SIZE=1 FACE="serif">(IRS Employer Identification No.)</FONT></DIV>
</TD>
</TR>
</TABLE>
<P ALIGN="center"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><FONT SIZE=2 FACE="serif">4500 Bohannon Drive
<BR>
Menlo Park, California 94025
<BR>
</FONT></B> <FONT SIZE=1 FACE="serif">(Address of principal executive offices) (Zip Code) </FONT></P>
<HR NOSHADE WIDTH="8%" ALIGN="center">
<P ALIGN="center"><B><FONT SIZE=2 FACE="serif">LOANSDIRECT, INC. 1999 STOCK OPTION/STOCK ISSUANCE PLAN (As Assumed by Registrant)
<BR>
</FONT></B> <FONT SIZE=2 FACE="serif"> (Full title of the Plan) </FONT></P>
<HR NOSHADE WIDTH="8%" ALIGN="center">
<P ALIGN="center"><B><FONT SIZE=2 FACE="serif">Christos M. Cotsakos
<BR>
</FONT></B> <B><FONT SIZE=2 FACE="serif">Chairman of the Board and Chief Executive Officer
<BR>
E*TRADE GROUP, INC.
<BR>
</FONT></B> <B><FONT SIZE=2 FACE="serif">4500 Bohannon Drive
<BR>
Menlo Park, California 94025
<BR>
&nbsp;(650) 331-6000
<BR>
</FONT></B> <FONT SIZE=1 FACE="serif">(Name, address including zip code, and telephone number,
<BR>
including area code, of agent for service)</FONT></P>
<HR NOSHADE WIDTH="8%" ALIGN="center"><DIV ALIGN="center">
<P><FONT SIZE=1 FACE="serif">Copies of Communications to:
<BR>
</FONT><B><FONT SIZE=2 FACE="serif">Theodore J. Theophilos
<BR>
Chief Legal Affairs Officer
<BR>
E*TRADE GROUP, INC. </FONT></B>
<BR>
<B><FONT SIZE=2 FACE="serif">4500 Bohannon Drive
<BR>
Menlo Park, California 94025</FONT></B> </P>
</DIV>
<HR NOSHADE WIDTH="8%" ALIGN="center">
<P ALIGN="center"><B><FONT SIZE=2 FACE="serif">CALCULATION OF REGISTRATION FEE</FONT></B>
<TABLE WIDTH="100%" BORDER=1 CELLSPACING=0 CELLPADDING=0>
<TR VALIGN="bottom" ALIGN="center">
<TD ROWSPAN="6"><B><FONT SIZE=1 FACE="serif">Title of
<BR>
Securities
<BR>
to be
<BR>
<U>Registered
<BR>

<BR>
</U></FONT></B></TD>
<TD ROWSPAN="6"><B><FONT SIZE=1 FACE="serif">Amount
<BR>
to be
<BR>
<U>Registered (1)
<BR>

<BR>
</U></FONT></B></TD>
<TD COLSPAN=2 ROWSPAN="6"><B><FONT SIZE=1 FACE="serif">Proposed
<BR>
Maximum
<BR>
Offering
<BR>
Price
<BR>
<U>Per </U></FONT></B><U><B><FONT SIZE=1 FACE="serif">Share (2)
<BR>

<BR>
</FONT></B></U></TD>
<TD ROWSPAN="6" COLSPAN="3"><B><FONT SIZE=1 FACE="serif">Proposed</FONT></B><B><FONT SIZE=1 FACE="serif">
<BR>
Maximum
<BR>
</FONT></B><B><FONT SIZE=1 FACE="serif">Aggregate
<BR>
</FONT></B><B><FONT SIZE=1 FACE="serif">Offering</FONT></B><B><FONT SIZE=1 FACE="serif">
<BR>
<U>Price (2)
<BR>

<BR>
</U></FONT></B></TD>
<TD ROWSPAN="6" COLSPAN="4"><B><FONT SIZE=1 FACE="serif">Amount of
<BR>
</FONT></B><B><FONT SIZE=1 FACE="serif">Registration</FONT></B><B><FONT SIZE=1 FACE="serif">
<BR>
<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fee&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<BR>

<BR>
</U></FONT></B></TD>
</TR>
<TR VALIGN="bottom" ALIGN="center">
</TR>
<TR VALIGN="bottom" ALIGN="center">
</TR>
<TR VALIGN="bottom" ALIGN="center">
</TR>
<TR VALIGN="bottom" ALIGN="center">
</TR>
<TR VALIGN="bottom" ALIGN="center">
</TR>
<TR VALIGN="bottom" ALIGN="center">
<TD> <DIV ALIGN="left"><FONT SIZE=1 FACE="serif"><U>LoansDirect, Inc. 1999 Stock Option/Stock Issuance Plan</U>
<BR>
Common Stock, $0.01 par value</FONT></DIV>
</TD>
<TD WIDTH="13%"><FONT SIZE=1 FACE="serif">284,015 shares</FONT></TD>
<TD COLSPAN="2"><FONT SIZE=1 FACE="serif">$6.68</FONT></TD>
<TD COLSPAN="3"><FONT SIZE=1 FACE="serif">$1,897,220.20</FONT></TD>
<TD COLSPAN="4"><FONT SIZE=1 FACE="serif">$474.31</FONT></TD>
</TR>
</TABLE>
<TABLE>
<TR ALIGN="left">
<TD VALIGN="top" WIDTH="5%"><FONT SIZE=1 FACE="serif">(1)</FONT>
<BR>
</TD>
<TD VALIGN="top"><FONT SIZE=1 FACE="serif">This Registration Statement shall also cover any additional shares of Common Stock which become issuable under the LoansDirect, Inc. 1999 Stock Option/Stock Issuance Plan (as assumed by Registrant) by reason of
any stock dividend, stock split, recapitalization or other similar transaction effected without Registrant&#146;s receipt of consideration which results in an increase in the number of the outstanding shares of Registrant&#146;s Common Stock.</FONT>
<BR>
</TD>
</TR>
<TR ALIGN="left">
<TD VALIGN="top" WIDTH="5%"><FONT SIZE=1 FACE="serif">(2)</FONT>
<BR>
</TD>
<TD VALIGN="top"><FONT SIZE=1 FACE="serif">Calculated solely for purposes of this offering under Rule 457(h) of the Securities Act of 1933, as amended, on the basis of the weighted average exercise price of the outstanding options.</FONT>
<BR>
</TD>
</TR>
</TABLE>
<A NAME="page_2"></A>

<P ALIGN="center"> <B><FONT SIZE=2 FACE="serif">PART II
<BR>
</FONT></B> <B><FONT SIZE=2 FACE="serif">Information Required in the Registration Statement </FONT></B> </P>
<P> <FONT SIZE=2 FACE="serif">Item 3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><U><FONT SIZE=2 FACE="serif"> Incorporation of Documents by Reference</FONT></U><FONT SIZE=2 FACE="serif"> </FONT> </P>
<P> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT SIZE=2 FACE="serif">&nbsp;&nbsp;E*TRADE Group, Inc. (the &#147;Registrant&#148;) hereby incorporates by reference into this Registration Statement the following
documents previously filed with the Securities and Exchange Commission (the &#147;SEC&#148;):</FONT> </P>
<TABLE WIDTH="100%" BORDER="0" CELLPADDING="2" CELLSPACING="0">
<TR>
<TD WIDTH="8%" ALIGN="center" VALIGN="top" ROWSPAN="3"> <DIV ALIGN="left"></DIV>
</TD>
<TD WIDTH="6%" ALIGN="left" VALIGN="top" ROWSPAN="3"><FONT SIZE=2 FACE="serif">&nbsp;(a)</FONT></TD>
<TD VALIGN="top" ALIGN="left" ROWSPAN="3" WIDTH="1%">&nbsp;</TD>
<TD VALIGN="top" ALIGN="left" ROWSPAN="3" WIDTH="85%"><FONT SIZE=2 FACE="serif">The Registrant&#146;s Annual Report on Form 10-K for the fiscal year ended September 30, 2000, filed with the SEC on November 9, 2000 (as amended on Form 10K/A, filed with
the SEC on November 22, 2000), pursuant to Section 13 of the Securities Exchange Act of 1934, as amended (the &#147;1934 Act&#148;);</FONT></TD>
</TR>
<TR>
</TR>
<TR>
</TR>
</TABLE>
<TABLE WIDTH="100%" BORDER="0" CELLPADDING="2" CELLSPACING="0">
<TR>
<TD WIDTH="8%" ALIGN="left" VALIGN="top">&nbsp;</TD>
<TD WIDTH="6%" ALIGN="left" VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="left" WIDTH="1%">&nbsp;</TD>
<TD VALIGN="top" ALIGN="left" WIDTH="85%">&nbsp; </TD>
</TR>
<TR>
<TD WIDTH="8%" ALIGN="center" VALIGN="top" ROWSPAN="3"> <DIV ALIGN="left"></DIV>
</TD>
<TD WIDTH="6%" ALIGN="left" VALIGN="top" ROWSPAN="3"><FONT SIZE=2 FACE="serif">&nbsp;(b)</FONT></TD>
<TD VALIGN="top" ALIGN="left" ROWSPAN="3" WIDTH="1%">&nbsp;</TD>
<TD VALIGN="top" ALIGN="left" ROWSPAN="3" WIDTH="85%"><FONT SIZE=2 FACE="serif">The Registrant&#146;s Quarterly Reports on Form 10-Q for the fiscal quarter ended June 30, 2000, filed with the SEC on August 14, 2000 (as amended on Form 10-Q/A, filed with
the SEC on October 25, 2000) and for the fiscal quarter ended December 31, 2000, filed with the SEC on February 14, 2001;</FONT></TD>
</TR>
<TR>
</TR>
<TR>
</TR>
</TABLE>
<TABLE WIDTH="100%" BORDER="0" CELLPADDING="2" CELLSPACING="0">
<TR>
<TD WIDTH="8%" ALIGN="left" VALIGN="top">&nbsp;</TD>
<TD WIDTH="6%" ALIGN="left" VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="left" WIDTH="1%">&nbsp;</TD>
<TD VALIGN="top" ALIGN="left" WIDTH="85%">&nbsp; </TD>
</TR>
<TR>
<TD WIDTH="8%" ALIGN="left" VALIGN="top" ROWSPAN="3"> <DIV ALIGN="left"></DIV>
</TD>
<TD WIDTH="6%" ALIGN="left" VALIGN="top" ROWSPAN="3"><FONT SIZE=2 FACE="serif">&nbsp;(c)</FONT></TD>
<TD VALIGN="top" ALIGN="left" ROWSPAN="3" WIDTH="1%">&nbsp;</TD>
<TD VALIGN="top" ALIGN="left" ROWSPAN="3" WIDTH="85%"><FONT SIZE=2 FACE="serif">The Registrant&#146;s Current Reports on Form 8-K for period date January 19, 2001, filed with the SEC on January 19, 2001 (as amended on Form 8-K/A, filed with the SEC on
January 23, 2001 and further amended on Form 8-K/A, filed with the SEC on February 12, 2001) and period date January 22, 2001, filed with the SEC on January 25, 2001; and </FONT></TD>
</TR>
<TR>
</TR>
<TR>
</TR>
</TABLE>
<TABLE WIDTH="100%" BORDER="0" CELLPADDING="2" CELLSPACING="0">
<TR>
<TD WIDTH="8%" ALIGN="left" VALIGN="top">&nbsp;</TD>
<TD WIDTH="6%" ALIGN="left" VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="left" WIDTH="1%">&nbsp;</TD>
<TD VALIGN="top" ALIGN="left" WIDTH="85%">&nbsp; </TD>
</TR>
<TR>
<TD WIDTH="8%" ALIGN="left" VALIGN="top" ROWSPAN="3"> <DIV ALIGN="left"></DIV>
</TD>
<TD WIDTH="6%" ALIGN="left" VALIGN="top" ROWSPAN="3"><FONT SIZE=2 FACE="serif">&nbsp;(d)</FONT></TD>
<TD VALIGN="top" ALIGN="left" ROWSPAN="3" WIDTH="1%">&nbsp;</TD>
<TD VALIGN="top" ALIGN="left" ROWSPAN="3" WIDTH="85%"><FONT SIZE=2 FACE="serif">
<A NAME="#4"></A>
The Registrant&#146;s Registration Statement No. 001-11921 on Form 8-A12B filed with the SEC on July 12, 1996 (as amended on Form 8-A12B/A, filed with the SEC on February 12, 2001), pursuant to Section 12 of the 1934 Act, in which there is described the
terms, rights and provisions applicable to the Registrant&#146;s outstanding Common Stock. </FONT></TD>
</TR>
<TR>
</TR>
<TR>
</TR>
</TABLE>
<P> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT SIZE=2 FACE="serif"></FONT><FONT SIZE=2 FACE="serif">All reports and definitive proxy or information statements filed pursuant to Section 13(a), 13(c), 14 or
15(d) of the 1934 Act after the date of this Registration Statement and prior to the filing of a post-effective amendment which indicates that all securities offered hereby have been sold or which deregisters all securities then remaining unsold shall be
deemed to be incorporated by reference into this Registration Statement and to be a part hereof from the date of filing of such documents. Any statement contained in a document incorporated or deemed to be incorporated by reference herein shall be deemed
to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained herein or in any subsequently filed document which also is deemed to be incorporated by reference herein modifies or supersedes such
statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement. </FONT> </P>
<P> <FONT SIZE=2 FACE="serif">Item 4. </FONT><FONT SIZE=2 FACE="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Description of Securities</U></FONT><FONT SIZE=2 FACE="serif"> </FONT> </P>
<P> <FONT SIZE=2 FACE="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not Applicable. </FONT> </P>
<P> <FONT SIZE=2 FACE="serif">Item 5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><U><FONT SIZE=2 FACE="serif">Interests of Named Experts and Counsel</FONT></U><FONT SIZE=2 FACE="serif"> </FONT> </P>
<P> <FONT SIZE=2 FACE="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not Applicable. </FONT> </P>
<P> <FONT SIZE=2 FACE="serif">Item 6.</FONT><FONT SIZE=2 FACE="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Indemnification of Directors and Officers</U></FONT><FONT SIZE=2 FACE="serif"> </FONT> </P>
<P> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <FONT SIZE=2 FACE="serif"> Section 145 of the General Corporation Law of the State of Delaware (the &#147;Delaware Law&#148;) empowers a Delaware corporation to indemnify
any persons who are, or are threatened to be made, parties to any threatened, pending or completed legal action, suit or proceedings, whether civil, criminal, administrative or investigative (other than action by or in the right of such corporation), by
reason of the fact that such person was an officer or director of such corporation, or is or was serving at the request of such corporation as a director, officer, employee or agent of another corporation or enterprise. The indemnity may include expenses
(including attorneys&#146; fees), judgments, fines and amounts paid in settlement actually and reasonably incurred by such person in connection with such action, suit or proceeding, provided that such officer or director acted in good faith and in a
manner he reasonably believed to be in or not opposed to the corporation&#146;s best interests, and, for criminal proceedings, had no reasonable cause to</FONT></P>
<P ALIGN="center"><FONT FACE="serif" SIZE="2">II-1</FONT> </P>

<P>&nbsp;</P>

<A NAME="page_3"></A>

<P><FONT SIZE=2 FACE="serif">believe his conduct was illegal. A Delaware corporation may indemnify officers and directors in an action by or in the right of the corporation under the same conditions, except that no indemnification is permitted without
judicial approval if the officer or director is adjudged to be liable to the corporation in the performance of his duty. Where an officer or director is successful on the merits or otherwise in the defense of any action referred to above, the corporation
must indemnify him against the expenses which such officer or director actually and reasonably incurred. </FONT></P>
<P> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT SIZE=2 FACE="serif">In accordance with the Delaware Law, the Restated Certificate of Incorporation of the Registrant contains a provision to limit the personal liability of the
directors of the Registrant for violations of their fiduciary duty. This provision eliminates each director&#146;s liability to the Registrant or its stockholders for monetary damages except (i) for any breach of the director&#146;s duty of loyalty to the
Registrant or its stockholders, (ii) for acts or omissions not in good faith or which involve intentional misconduct or a knowing violation of law, (iii) under Section 174 of the Delaware Law providing for liability of directors for unlawful payment of
dividends or unlawful stock purchases or redemptions, or (iv) for any transaction from which a director derived an improper personal benefit. The effect of this provision is to eliminate the personal liability of directors for monetary damages for actions
involving a breach of their fiduciary duty of care, including any such actions involving gross negligence. </FONT> </P>
<P> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT SIZE=2 FACE="serif">Article 5 of the Restated Bylaws of the Registrant provide for indemnification of the officers and directors of the Registrant to the fullest extent permitted by
applicable law. </FONT> </P>
<P> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT SIZE=2 FACE="serif">In connection with the incorporation of the Registrant into the State of Delaware, the Registrant entered into indemnification agreements with each director and
certain officers. The Indemnification Agreements provide indemnification to such directors and officers under certain circumstances for acts or omissions which may not be covered by directors&#146; and officers&#146; liability insurance. </FONT> </P>
<P> <FONT SIZE=2 FACE="serif">Item 7. </FONT><FONT FACE="serif"><U><FONT SIZE=2>Exemption from Registration Claimed</FONT></U></FONT><FONT SIZE="2" FACE="serif"> </FONT> </P>
<P> <FONT SIZE=2 FACE="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not Applicable. </FONT> </P>
<P> <FONT SIZE=2 FACE="serif">Item 8.</FONT>&nbsp;
<A HREF="ds8.htm#ex8"><U><FONT SIZE=2 FACE="serif">Exhibits</FONT></U><FONT SIZE=2 FACE="serif"> </FONT> </A>
</P>
<TABLE WIDTH="100%" BORDER="0">
<TR ALIGN="left" VALIGN="bottom">
<TD COLSPAN="2" NOWRAP><U><FONT SIZE=2 FACE="serif">Exhibit Number</FONT></U><FONT SIZE=2 FACE="serif"> </FONT></TD>
<TD WIDTH="4%">&nbsp;</TD>
<TD COLSPAN="2"><U><FONT SIZE=2 FACE="serif">Exhibit</FONT></U><FONT SIZE=2 FACE="serif"> </FONT> </TD>
</TR>
<TR ALIGN="left" VALIGN="bottom">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="7%">&nbsp;</TD>
<TD COLSPAN="2">&nbsp;</TD>
<TD WIDTH="82%">&nbsp;</TD>
</TR>
<TR ALIGN="left" VALIGN="bottom">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="7%" VALIGN="top"><FONT SIZE=2 FACE="serif">4</FONT></TD>
<TD COLSPAN="2">&nbsp;</TD>
<TD WIDTH="82%" ALIGN="left" VALIGN="top"><FONT SIZE=2 FACE="serif">
<A HREF="ds8.htm#4">Instruments Defining Rights of Stockholders. Reference is made to Registrant&#146;s Registration Statement No. 001-11921 on Form 8-A12B, including all amendments and the exhibits thereto, which is incorporated herein by reference
pursuant to Item 3(d). </A>
</FONT></TD>
</TR>
<TR ALIGN="left" VALIGN="bottom">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="7%" VALIGN="top"><FONT SIZE=2 FACE="serif">5</FONT></TD>
<TD COLSPAN="2">&nbsp;</TD>
<TD WIDTH="82%" ALIGN="left" VALIGN="top"><FONT SIZE=2 FACE="serif">
<A HREF="dex5.htm#5">Opinion and Consent of Davis Polk &amp; Wardwell. </A>
</FONT></TD>
</TR>
<TR ALIGN="left" VALIGN="bottom">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="7%" VALIGN="top"><FONT SIZE=2 FACE="serif">23.1</FONT></TD>
<TD COLSPAN="2">&nbsp;</TD>
<TD WIDTH="82%" ALIGN="left" VALIGN="top"><FONT SIZE=2 FACE="serif">
<A HREF="dex231.htm#231">Consent of Deloitte &amp; Touche LLP, Independent Auditors. </A>
</FONT> </TD>
</TR>
<TR ALIGN="left" VALIGN="bottom">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="7%" VALIGN="top"><FONT SIZE=2 FACE="serif">23.2</FONT></TD>
<TD COLSPAN="2">&nbsp;</TD>
<TD WIDTH="82%" ALIGN="left" VALIGN="top"><FONT SIZE=2 FACE="serif">
<A HREF="dex232.htm#232">Consent of Arthur Andersen LLP, Independent Public Accountants. </A>
</FONT> </TD>
</TR>
<TR ALIGN="left" VALIGN="bottom">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="7%" VALIGN="top"><FONT SIZE=2 FACE="serif">23.3 </FONT></TD>
<TD COLSPAN="2">&nbsp;</TD>
<TD WIDTH="82%" ALIGN="left" VALIGN="top"><FONT SIZE=2 FACE="serif">
<A HREF="dex5.htm#5">Consent of Davis Polk &amp; Wardwell is contained in Exhibit 5. </A>
</FONT></TD>
</TR>
<TR ALIGN="left" VALIGN="bottom">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="7%" VALIGN="top"><FONT SIZE=2 FACE="serif">24</FONT> </TD>
<TD COLSPAN="2">&nbsp;</TD>
<TD WIDTH="82%" ALIGN="left" VALIGN="top"><FONT SIZE=2 FACE="serif">
<A HREF="ds8.htm#24">Power of Attorney. Reference is made to page II-4 of this Registration Statement.</A>
</FONT></TD>
</TR>
<TR ALIGN="left" VALIGN="bottom">
<TD WIDTH="5%" HEIGHT="20">&nbsp;</TD>
<TD WIDTH="7%" VALIGN="top" HEIGHT="20"><FONT SIZE=2 FACE="serif">99.1</FONT></TD>
<TD COLSPAN="2" HEIGHT="20">&nbsp;</TD>
<TD WIDTH="82%" ALIGN="left" VALIGN="top" HEIGHT="20"><FONT SIZE=2 FACE="serif">
<A HREF="dex991.htm#991">LoansDirect, Inc. 1999 Stock Option/Stock Issuance Plan (As Assumed by Registrant). </A>
</FONT></TD>
</TR>
<TR ALIGN="left" VALIGN="bottom">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="7%" VALIGN="top"><FONT SIZE=2 FACE="serif">99.2</FONT></TD>
<TD COLSPAN="2">&nbsp;</TD>
<TD WIDTH="82%" ALIGN="left" VALIGN="top"><FONT SIZE=2 FACE="serif">
<A HREF="dex992.htm#992">Form of LoansDirect, Inc. Stock Option Agreement. </A>
</FONT></TD>
</TR>
<TR ALIGN="left" VALIGN="bottom">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="7%" VALIGN="top"><FONT SIZE=2 FACE="serif">99.3</FONT></TD>
<TD COLSPAN="2">&nbsp;</TD>
<TD WIDTH="82%" ALIGN="left" VALIGN="top"><FONT SIZE=2 FACE="serif">
<A HREF="dex993.htm#993">Form of Stock Option Assumption Agreement-Standard.</A>
</FONT></TD>
</TR>
<TR ALIGN="left" VALIGN="bottom">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="7%" VALIGN="top"><FONT SIZE=2 FACE="serif"> 99.4 </FONT></TD>
<TD COLSPAN="2">&nbsp;</TD>
<TD WIDTH="82%" ALIGN="left" VALIGN="top"><FONT SIZE=2 FACE="serif">
<A HREF="dex994.htm#994">Form of Stock Option Assumption Agreement-Acceleration.</A>
</FONT></TD>
</TR>
</TABLE>
<P><FONT SIZE=2 FACE="serif">Item 9. </FONT><U><FONT SIZE=2 FACE="serif">Undertakings</FONT></U><FONT SIZE=2 FACE="serif"> </FONT> </P>
<P> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <FONT SIZE=2 FACE="serif">A. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The undersigned Registrant hereby undertakes: (1) to file, during any period in which offers or sales are being made, a
post-effective amendment to this Registration Statement (i) to include any prospectus required by Section 10(a)(3) of the 1933 Act, (ii) to reflect in the prospectus any facts or events arising after the effective date of this Registration Statement (or
the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in this Registration Statement and (iii) to include any material information with respect to the plan of
distribution not previously disclosed in this Registration Statement or any material change to such information in this Registration Statement; provided, however, that clauses (1)(i) and (1)(ii) shall not apply if the information required to be included
in a post-</FONT> </P>
<P>&nbsp;</P>
<P ALIGN="center"><FONT FACE="serif" SIZE="2">II-2</FONT></P>

<A NAME="page_4"></A>

<P><FONT SIZE=2 FACE="serif">effective amendment by those paragraphs is contained in periodic reports filed by the Registrant pursuant to Section 13 or Section 15(d) of the 1934 Act that are incorporated by reference into this Registration Statement; (2)
that for the purpose of determining any liability under the 1933 Act each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein and the offering of such securities at that time shall be
deemed to be the initial bona fide offering thereof; and (3) to remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the LoansDirect, Inc. 1999 Stock Option/Stock
Issuance Plan, as assumed by Registrant. </FONT></P>
<P> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT SIZE=2 FACE="serif">B.&nbsp;&nbsp;&nbsp;&nbsp; The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the 1933 Act,
each filing of the Registrant&#146;s annual report pursuant to Section 13(a) or Section 15(d) of the 1934 Act that is incorporated by reference into this Registration Statement shall be deemed to be a new registration statement relating to the securities
offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof. </FONT> </P>
<P> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT SIZE=2 FACE="serif">C.&nbsp;&nbsp;&nbsp;&nbsp; Insofar as indemnification for liabilities arising under the 1933 Act may be permitted to directors, officers, or
controlling persons of the Registrant pursuant to the indemnification foregoing provisions summarized in Item 6 or otherwise, the Registrant has been advised that, in the opinion of the SEC, such indemnification is against public policy as expressed in
the 1933 Act, and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer, or controlling person of the Registrant
in the successful defense of any action, suit, or proceeding) is asserted by such director, officer, or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been
settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the 1933 Act and will be governed by the final adjudication of such issue. </FONT> </P>
<DIV ALIGN="center"><FONT SIZE="2">II-3</FONT>  </DIV>

<A NAME="page_5"></A>

<P ALIGN="center"><B><FONT SIZE=2 FACE="serif">SIGNATURES </FONT></B></P>
<P> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT SIZE=2 FACE="serif">Pursuant to the requirements of the Securities Act of 1933, as amended,
the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8, and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in
the City of Menlo Park, State of California on this 21st day of February, 2001.</FONT></P>
<TABLE WIDTH="100%" BORDER="0">
<TR>
<TD WIDTH="51%">&nbsp;</TD>
<TD COLSPAN="2"><B><FONT SIZE=2 FACE="serif">E*TRADE GROUP, INC.</FONT></B></TD>
</TR>
<TR>
<TD WIDTH="51%">&nbsp;</TD>
<TD WIDTH="2%">&nbsp;</TD>
<TD WIDTH="47%">&nbsp;</TD>
</TR>
<TR>
<TD WIDTH="51%">&nbsp;</TD>
<TD WIDTH="2%">&nbsp;</TD>
<TD WIDTH="47%">&nbsp;</TD>
</TR>
<TR>
<TD WIDTH="51%">&nbsp;</TD>
<TD WIDTH="2%"><FONT SIZE=2 FACE="serif">By</FONT>:</TD>
<TD WIDTH="47%"><FONT SIZE=2 FACE="serif">&nbsp;/s/ Christos M. Cotsakos</FONT></TD>
</TR>
<TR>
<TD WIDTH="51%">&nbsp;</TD>
<TD WIDTH="2%">&nbsp;</TD>
<TD WIDTH="47%"> <HR NOSHADE SIZE=1 ALIGN="right"> </TD>
</TR>
<TR>
<TD WIDTH="51%">&nbsp;</TD>
<TD WIDTH="2%">&nbsp;</TD>
<TD WIDTH="47%"><FONT SIZE=2 FACE="serif">Christos M. Cotsakos</FONT>
<BR>
<FONT SIZE=2 FACE="serif">Chairman of the Board and Chief Executive</FONT> <FONT SIZE=2 FACE="serif">Officer</FONT> </TD>
</TR>
<TR>
<TD WIDTH="51%">&nbsp;</TD>
<TD WIDTH="2%">&nbsp;</TD>
<TD WIDTH="47%">&nbsp;</TD>
</TR>
<TR>
<TD WIDTH="51%">&nbsp;</TD>
<TD WIDTH="2%">&nbsp;</TD>
<TD WIDTH="47%">&nbsp;</TD>
</TR>
</TABLE>
<P ALIGN="center"> <B><U><FONT SIZE=2 FACE="serif">
<A NAME="24"></A>
POWER OF ATTORNEY</FONT></U></B><B><FONT SIZE=2 FACE="serif"> </FONT></B> </P>
<P ALIGN="left"><B><FONT SIZE=2 FACE="serif">KNOW ALL PERSONS BY THESE PRESENTS:</FONT></B></P>
<P ALIGN="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <FONT SIZE=2 FACE="serif">That the undersigned officers and directors of E*TRADE Group, Inc., a
Delaware corporation, do hereby constitute and appoint Brigitte VanBaelen, Theodore J. Theophilos and Leonard C. Purkis, and each one of them, the lawful attorneys-in-fact and agents with full power and authority to do any and all acts and things and to
execute any and all instruments which said attorneys and agents, and any one of them, determine may be necessary or advisable or required to enable said corporation to comply with the Securities Act of 1933, as amended, and any rules or regulations or
requirements of the Securities and Exchange Commission in connection with this Registration Statement. Without limiting the generality of the foregoing power and authority, the powers granted include the power and authority to sign the names of the
undersigned officers and directors in the capacities indicated below to this Registration Statement, to any and all amendments, both pre-effective and post-effective, and supplements to this Registration Statement, and to any and all instruments or
documents filed as part of or in conjunction with this Registration Statement or amendments or supplements thereof, and each of the undersigned hereby ratifies and confirms all that said attorneys and agents, or any one of them, shall do or cause to be
done by virtue hereof. This Power of Attorney may be signed in several counterparts. </FONT> </P>
<P> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <B><FONT SIZE=2 FACE="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IN WITNESS WHEREOF</FONT></B><FONT SIZE=2 FACE="serif">, each of the undersigned has executed this Power of Attorney as of the date indicated. </FONT> </P>

<P> &nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT SIZE=2 FACE="serif">Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement has been signed below by the following persons in the
capacities and on the dates indicated. </FONT> </P>
<TABLE WIDTH="100%" BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR>
<TD><FONT SIZE=2 FACE="serif"><U>Signature</U></FONT></TD>
<TD ALIGN="left" WIDTH="41%"><FONT SIZE=2 FACE="serif"><U>Title</U></FONT></TD>
<TD ALIGN="left" WIDTH="24%"><FONT SIZE=2 FACE="serif"><U>Date</U></FONT></TD>
</TR>
<TR>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
</TR>
<TR>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
</TR>
<TR VALIGN="bottom">
<TD><FONT SIZE=2 FACE="serif">/s/ Christos M. Cotsakos</FONT></TD>
<TD WIDTH="41%"><FONT SIZE=2 FACE="serif">Chairman of the Board and</FONT></TD>
<TD WIDTH="24%"><FONT SIZE=2 FACE="serif">February 21, 2001</FONT></TD>
</TR>
<TR>
<TD HEIGHT="18" VALIGN="middle" ALIGN="center"> <HR NOSHADE SIZE=1 WIDTH="80%" ALIGN="left"> </TD>
<TD VALIGN="top" HEIGHT="18"><FONT SIZE=2 FACE="serif">Chief Executive Officer</FONT></TD>
<TD HEIGHT="18">&nbsp;</TD>
</TR>
<TR VALIGN="top">
<TD><FONT SIZE=2 FACE="serif">Christos M. Cotsakos</FONT></TD>
<TD WIDTH="41%"><FONT SIZE=2 FACE="serif">(Principal Executive Officer)</FONT></TD>
<TD WIDTH="24%">&nbsp;</TD>
</TR>
<TR VALIGN="top">
<TD>&nbsp;</TD>
<TD WIDTH="41%">&nbsp;</TD>
<TD WIDTH="24%">&nbsp;</TD>
</TR>
<TR>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
</TR>
<TR VALIGN="bottom">
<TD><FONT SIZE=2 FACE="serif">/s/ Leonard C. Purkis</FONT></TD>
<TD WIDTH="41%"><FONT SIZE=2 FACE="serif">Chief Financial Officer</FONT></TD>
<TD WIDTH="24%"><FONT SIZE=2 FACE="serif">February 12, 2001</FONT></TD>
</TR>
<TR>
<TD ALIGN="center" VALIGN="middle" HEIGHT="18"> <HR NOSHADE SIZE=1 WIDTH="80%" ALIGN="left"> </TD>
<TD VALIGN="top" HEIGHT="18"><FONT SIZE=2 FACE="serif">(Principal Financial and</FONT></TD>
<TD HEIGHT="18">&nbsp;</TD>
</TR>
<TR>
<TD VALIGN="top"><FONT SIZE=2 FACE="serif">Leonard C. Purkis</FONT></TD>
<TD WIDTH="41%" VALIGN="top"><FONT SIZE=2 FACE="serif">Accounting Officer)</FONT></TD>
<TD WIDTH="24%">&nbsp;</TD>
</TR>
<TR>
<TD>&nbsp;</TD>
<TD WIDTH="41%">&nbsp;</TD>
<TD WIDTH="24%">&nbsp;</TD>
</TR>
</TABLE>
<DIV ALIGN="center"><FONT SIZE="2" FACE="serif">II-4 </FONT></DIV>

<A NAME="page_6"></A>

<TABLE WIDTH="100%" BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR>
<TD WIDTH="35%" VALIGN="bottom"><FONT SIZE=2 FACE="serif">/s/ William A. Porter</FONT></TD>
<TD WIDTH="41%">&nbsp;</TD>
<TD WIDTH="24%">&nbsp;</TD>
</TR>
<TR>
<TD WIDTH="35%" VALIGN="middle"> <HR NOSHADE SIZE=1 WIDTH="80%" ALIGN="left"> </TD>
<TD WIDTH="41%">&nbsp;</TD>
<TD WIDTH="24%">&nbsp;</TD>
</TR>
<TR>
<TD WIDTH="35%" VALIGN="top"><FONT SIZE=2 FACE="serif">William A. Porter</FONT></TD>
<TD WIDTH="41%" VALIGN="top"><FONT SIZE=2 FACE="serif">Chairman Emeritus</FONT></TD>
<TD WIDTH="24%" VALIGN="top"><FONT SIZE=2 FACE="serif">February 13, 2001</FONT></TD>
</TR>
<TR>
<TD WIDTH="35%">&nbsp;</TD>
<TD WIDTH="41%">&nbsp;</TD>
<TD WIDTH="24%">&nbsp;</TD>
</TR>
<TR>
<TD WIDTH="35%">&nbsp;</TD>
<TD WIDTH="41%">&nbsp;</TD>
<TD WIDTH="24%">&nbsp;</TD>
</TR>
<TR>
<TD WIDTH="35%">&nbsp;</TD>
<TD WIDTH="41%">&nbsp;</TD>
<TD WIDTH="24%">&nbsp;</TD>
</TR>
<TR>
<TD WIDTH="35%" VALIGN="middle"> <HR NOSHADE SIZE=1 WIDTH="80%" ALIGN="left"> </TD>
<TD WIDTH="41%">&nbsp;</TD>
<TD WIDTH="24%">&nbsp;</TD>
</TR>
<TR>
<TD WIDTH="35%" VALIGN="top"><FONT SIZE=2 FACE="serif">Peter Chernin</FONT></TD>
<TD WIDTH="41%" VALIGN="top"><FONT SIZE=2 FACE="serif">Director</FONT></TD>
<TD WIDTH="24%" VALIGN="top">&nbsp;</TD>
</TR>
<TR>
<TD WIDTH="35%">&nbsp;</TD>
<TD WIDTH="41%">&nbsp;</TD>
<TD WIDTH="24%">&nbsp;</TD>
</TR>
<TR>
<TD WIDTH="35%">&nbsp;</TD>
<TD WIDTH="41%">&nbsp;</TD>
<TD WIDTH="24%">&nbsp;</TD>
</TR>
<TR>
<TD WIDTH="35%"><FONT FACE="serif" SIZE="2">/s/ Ronald D. Fisher</FONT></TD>
<TD WIDTH="41%">&nbsp;</TD>
<TD WIDTH="24%">&nbsp;</TD>
</TR>
<TR>
<TD WIDTH="35%" VALIGN="middle"> <HR NOSHADE SIZE=1 WIDTH="80%" ALIGN="left"> </TD>
<TD WIDTH="41%">&nbsp;</TD>
<TD WIDTH="24%">&nbsp;</TD>
</TR>
<TR>
<TD WIDTH="35%" VALIGN="top"><FONT SIZE=2 FACE="serif">Ronald D. Fisher</FONT></TD>
<TD WIDTH="41%" VALIGN="top"><FONT SIZE=2 FACE="serif">Director</FONT></TD>
<TD WIDTH="24%" VALIGN="top"><FONT SIZE=2 FACE="serif">February 21, 2001</FONT></TD>
</TR>
<TR>
<TD WIDTH="35%">&nbsp;</TD>
<TD WIDTH="41%">&nbsp;</TD>
<TD WIDTH="24%">&nbsp;</TD>
</TR>
<TR>
<TD WIDTH="35%">&nbsp;</TD>
<TD WIDTH="41%">&nbsp;</TD>
<TD WIDTH="24%">&nbsp;</TD>
</TR>
<TR>
<TD WIDTH="35%"><FONT FACE="serif" SIZE="2">/s/ William E. Ford</FONT></TD>
<TD WIDTH="41%">&nbsp;</TD>
<TD WIDTH="24%">&nbsp;</TD>
</TR>
<TR>
<TD WIDTH="35%" VALIGN="middle"> <HR NOSHADE SIZE=1 WIDTH="80%" ALIGN="left"> </TD>
<TD WIDTH="41%">&nbsp;</TD>
<TD WIDTH="24%">&nbsp;</TD>
</TR>
<TR>
<TD WIDTH="35%" VALIGN="top"><FONT SIZE=2 FACE="serif">William E. Ford</FONT></TD>
<TD WIDTH="41%" VALIGN="top"><FONT SIZE=2 FACE="serif">Director</FONT></TD>
<TD WIDTH="24%" VALIGN="top"><FONT SIZE=2 FACE="serif">February 21, 2001</FONT></TD>
</TR>
<TR>
<TD WIDTH="35%">&nbsp;</TD>
<TD WIDTH="41%">&nbsp;</TD>
<TD WIDTH="24%">&nbsp;</TD>
</TR>
<TR>
<TD WIDTH="35%">&nbsp;</TD>
<TD WIDTH="41%">&nbsp;</TD>
<TD WIDTH="24%">&nbsp;</TD>
</TR>
<TR>
<TD WIDTH="35%">&nbsp;</TD>
<TD WIDTH="41%">&nbsp;</TD>
<TD WIDTH="24%">&nbsp;</TD>
</TR>
<TR>
<TD WIDTH="35%" VALIGN="bottom"><FONT SIZE=2 FACE="serif">/s/ David C. Hayden</FONT></TD>
<TD WIDTH="41%">&nbsp;</TD>
<TD WIDTH="24%">&nbsp;</TD>
</TR>
<TR>
<TD WIDTH="35%" VALIGN="middle"> <HR NOSHADE SIZE=1 WIDTH="80%" ALIGN="left"> </TD>
<TD WIDTH="41%">&nbsp;</TD>
<TD WIDTH="24%">&nbsp;</TD>
</TR>
<TR>
<TD WIDTH="35%" VALIGN="top"><FONT SIZE=2 FACE="serif">David C. Hayden</FONT></TD>
<TD WIDTH="41%" VALIGN="top"><FONT SIZE=2 FACE="serif">Director</FONT></TD>
<TD WIDTH="24%" VALIGN="top"><FONT SIZE=2 FACE="serif">February 12, 2001</FONT></TD>
</TR>
<TR>
<TD WIDTH="35%">&nbsp;</TD>
<TD WIDTH="41%">&nbsp;</TD>
<TD WIDTH="24%">&nbsp;</TD>
</TR>
<TR>
<TD WIDTH="35%">&nbsp;</TD>
<TD WIDTH="41%">&nbsp;</TD>
<TD WIDTH="24%">&nbsp;</TD>
</TR>
<TR>
<TD WIDTH="35%">&nbsp;</TD>
<TD WIDTH="41%">&nbsp;</TD>
<TD WIDTH="24%">&nbsp;</TD>
</TR>
<TR>
<TD WIDTH="35%" VALIGN="bottom"><FONT SIZE=2 FACE="serif">/s/ George Hayter</FONT></TD>
<TD WIDTH="41%">&nbsp;</TD>
<TD WIDTH="24%">&nbsp;</TD>
</TR>
<TR>
<TD WIDTH="35%" VALIGN="middle"> <HR NOSHADE SIZE=1 WIDTH="80%" ALIGN="left"> </TD>
<TD WIDTH="41%">&nbsp;</TD>
<TD WIDTH="24%">&nbsp;</TD>
</TR>
<TR>
<TD WIDTH="35%" VALIGN="top"><FONT SIZE=2 FACE="serif">George Hayter</FONT></TD>
<TD WIDTH="41%" VALIGN="top"><FONT SIZE=2 FACE="serif">Director</FONT></TD>
<TD WIDTH="24%" VALIGN="top"><FONT SIZE=2 FACE="serif">February 13, 2001</FONT></TD>
</TR>
<TR>
<TD WIDTH="35%">&nbsp;</TD>
<TD WIDTH="41%">&nbsp;</TD>
<TD WIDTH="24%">&nbsp;</TD>
</TR>
<TR>
<TD WIDTH="35%">&nbsp;</TD>
<TD WIDTH="41%">&nbsp;</TD>
<TD WIDTH="24%">&nbsp;</TD>
</TR>
<TR>
<TD WIDTH="35%">&nbsp;</TD>
<TD WIDTH="41%">&nbsp;</TD>
<TD WIDTH="24%">&nbsp;</TD>
</TR>
<TR>
<TD WIDTH="35%" VALIGN="bottom"><FONT SIZE=2 FACE="serif">/s/ Lewis E. Randall</FONT></TD>
<TD WIDTH="41%">&nbsp;</TD>
<TD WIDTH="24%">&nbsp;</TD>
</TR>
<TR>
<TD WIDTH="35%" VALIGN="middle"> <HR NOSHADE SIZE=1 WIDTH="80%" ALIGN="left"> </TD>
<TD WIDTH="41%">&nbsp;</TD>
<TD WIDTH="24%">&nbsp;</TD>
</TR>
<TR>
<TD WIDTH="35%" VALIGN="bottom"><FONT SIZE=2 FACE="serif">Lewis E. Randall</FONT></TD>
<TD WIDTH="41%" VALIGN="bottom"><FONT SIZE=2 FACE="serif">Director</FONT></TD>
<TD WIDTH="24%" VALIGN="bottom"><FONT SIZE=2 FACE="serif">February 13, 2001</FONT></TD>
</TR>
<TR>
<TD WIDTH="35%">&nbsp;</TD>
<TD WIDTH="41%">&nbsp;</TD>
<TD WIDTH="24%">&nbsp;</TD>
</TR>
<TR>
<TD WIDTH="35%">&nbsp;</TD>
<TD WIDTH="41%">&nbsp;</TD>
<TD WIDTH="24%">&nbsp;</TD>
</TR>
<TR>
<TD WIDTH="35%">&nbsp;</TD>
<TD WIDTH="41%">&nbsp;</TD>
<TD WIDTH="24%">&nbsp;</TD>
</TR>
<TR>
<TD WIDTH="35%" VALIGN="bottom"><FONT SIZE=2 FACE="serif">/s/ Lester C. Thurow</FONT></TD>
<TD WIDTH="41%">&nbsp;</TD>
<TD WIDTH="24%">&nbsp;</TD>
</TR>
<TR>
<TD WIDTH="35%" VALIGN="middle"> <HR NOSHADE SIZE=1 WIDTH="80%" ALIGN="left"> </TD>
<TD WIDTH="41%">&nbsp;</TD>
<TD WIDTH="24%">&nbsp;</TD>
</TR>
<TR VALIGN="top">
<TD WIDTH="35%"><FONT SIZE=2 FACE="serif">Lester C. Thurow</FONT></TD>
<TD WIDTH="41%"><FONT SIZE=2 FACE="serif">Director</FONT></TD>
<TD WIDTH="24%"><FONT SIZE=2 FACE="serif">February 14, 2001</FONT></TD>
</TR>
</TABLE>
<P ALIGN="center"><FONT SIZE="2" FACE="serif">II-5</FONT></P>
<P>&nbsp;</P>

<A NAME="page_7"></A>

<P ALIGN="center"> <FONT SIZE=2 FACE="serif">
<A NAME="ex8"></A>
SECURITIES AND EXCHANGE COMMISSION </FONT> </P>
<P ALIGN="center"><FONT SIZE=2 FACE="serif">WASHINGTON, D.C. </FONT></P>
<P ALIGN="center"><FONT SIZE=2 FACE="serif">EXHIBITS </FONT></P>
<P ALIGN="center"> <FONT SIZE=2 FACE="serif">TO</FONT></P>
<P ALIGN="center"><FONT SIZE=2 FACE="serif"> FORM S-8 </FONT></P>
<P ALIGN="center"><FONT SIZE=2 FACE="serif">UNDER </FONT> </P>
<P ALIGN="center"> <FONT SIZE=2 FACE="serif">SECURITIES ACT OF 1933 </FONT></P>
<P ALIGN="center">&nbsp; </P>
<P ALIGN="center"><B><FONT SIZE=2 FACE="serif">E*TRADE GROUP, INC. </FONT></B></P>

<A NAME="page_8"></A>

<P ALIGN="center"><B><FONT SIZE=2 FACE="serif">EXHIBIT INDEX </FONT></B></P>
<TABLE WIDTH="100%" BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR>
<TD ALIGN="left" COLSPAN="2" VALIGN="bottom"><FONT SIZE=2 FACE="serif"><U>Exhibit Number</U></FONT></TD>
<TD ALIGN="left" COLSPAN="2" VALIGN="bottom"><FONT SIZE=2 FACE="serif"><U>Exhibit</U></FONT></TD>
</TR>
<TR>
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="11%">&nbsp;</TD>
<TD WIDTH="3%">&nbsp;</TD>
<TD WIDTH="81%">&nbsp;</TD>
</TR>
<TR ALIGN="left" VALIGN="top">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="11%"><FONT SIZE=2 FACE="serif">4</FONT></TD>
<TD WIDTH="3%">&nbsp;</TD>
<TD WIDTH="81%"><FONT SIZE=2 FACE="serif">
<A HREF="ds8.htm#4">Instruments Defining Rights of Stockholders. Reference is made to Registrant&#146;s Registration Statement No. 001-11921 on Form 8-A12B, including all amendments and the exhibits thereto, which is incorporated herein by reference
pursuant to Item 3(d).</A>
</FONT></TD>
</TR>
<TR ALIGN="left" VALIGN="top">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="11%"><FONT SIZE=2 FACE="serif">5</FONT></TD>
<TD WIDTH="3%">&nbsp;</TD>
<TD WIDTH="81%"><FONT SIZE=2 FACE="serif">
<A HREF="dex5.htm#5">Opinion and Consent of Davis Polk &amp; Wardwell.</A>
</FONT></TD>
</TR>
<TR ALIGN="left" VALIGN="top">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="11%"><FONT SIZE=2 FACE="serif">23.1</FONT></TD>
<TD WIDTH="3%">&nbsp;</TD>
<TD WIDTH="81%"><FONT SIZE=2 FACE="serif">
<A HREF="dex231.htm#231">Consent of Deloitte &amp; Touche LLP, Independent Auditors.</A>
</FONT></TD>
</TR>
<TR ALIGN="left" VALIGN="top">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="11%"><FONT SIZE=2 FACE="serif">23.2</FONT></TD>
<TD WIDTH="3%">&nbsp;</TD>
<TD WIDTH="81%"><FONT SIZE=2 FACE="serif">
<A HREF="dex232.htm#232">Consent of Arthur Andersen LLP, Independent Public Accountants.</A>
</FONT></TD>
</TR>
<TR ALIGN="left" VALIGN="top">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="11%"><FONT SIZE=2 FACE="serif">23.3</FONT></TD>
<TD WIDTH="3%">&nbsp;</TD>
<TD WIDTH="81%"><FONT SIZE=2 FACE="serif">
<A HREF="dex5.htm#5">Consent of Davis Polk &amp; Wardwell is contained in Exhibit 5.</A>
</FONT></TD>
</TR>
<TR ALIGN="left" VALIGN="top">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="11%"><FONT SIZE=2 FACE="serif">24</FONT></TD>
<TD WIDTH="3%">&nbsp;</TD>
<TD WIDTH="81%"><FONT SIZE=2 FACE="serif">
<A HREF="ds8.htm#24">Power of Attorney. Reference is made to page II-4 of this Registration Statement.</A>
</FONT></TD>
</TR>
<TR ALIGN="left" VALIGN="top">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="11%"><FONT SIZE=2 FACE="serif">99.1</FONT></TD>
<TD WIDTH="3%">&nbsp;</TD>
<TD WIDTH="81%"><FONT SIZE=2 FACE="serif">
<A HREF="dex991.htm#991">LoansDirect, Inc. 1999 Stock Option/Stock Issuance Plan (As Assumed by Registrant).</A>
</FONT></TD>
</TR>
<TR ALIGN="left" VALIGN="top">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="11%"><FONT SIZE=2 FACE="serif">99.2</FONT></TD>
<TD WIDTH="3%">&nbsp;</TD>
<TD WIDTH="81%"><FONT SIZE=2 FACE="serif">
<A HREF="dex992.htm#992">Form of LoansDirect, Inc. Stock Option Agreement.</A>
</FONT></TD>
</TR>
<TR ALIGN="left" VALIGN="top">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="11%"><FONT SIZE=2 FACE="serif">99.3</FONT></TD>
<TD WIDTH="3%">&nbsp;</TD>
<TD WIDTH="81%"><FONT SIZE=2 FACE="serif">
<A HREF="dex993.htm#993">Form of Stock Option Assumption Agreement-Standard.</A>
</FONT></TD>
</TR>
<TR ALIGN="left" VALIGN="top">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="11%"><FONT SIZE=2 FACE="serif">99.4</FONT></TD>
<TD WIDTH="3%">&nbsp;</TD>
<TD WIDTH="81%"><FONT SIZE=2 FACE="serif">
<A HREF="dex994.htm#994">Form of Stock Option Assumption Agreement-Acceleration.</A>
</FONT></TD>
</TR>
</TABLE>
 </BODY>
</HTML>

</TABLE>
[{"type": "S-8", "sequence": "1", "filename": "ds8.htm", "description": "FORM S-8", "secsgml_size_bytes": 41909}]
{"company-data": {"conformed-name": "E TRADE GROUP INC", "cik": "0001015780", "assigned-sic": "6211", "irs-number": "942844166", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-56002", "film-number": "1551388"}, "business-address": {"street1": "4500 BOHANNON DRIVE", "city": "MENLO PARK", "state": "CA", "zip": "94025", "phone": "6508422500"}, "mail-address": {"street1": "4500 BOHANNON DRIVE", "city": "MENLO PARK", "state": "CA", "zip": "94025"}}
FORM S-8
As filed with the Securities and Exchange Commission on February 21, 2001
Registration No. 333-_________
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
Under
The Securities Act of 1933
E*TRADE GROUP, INC.
(Exact name of registrant as specified in its charter)
Delaware
94-2844166
(State or other jurisdiction
of incorporation or organization)
(IRS Employer Identification No.)
4500 Bohannon Drive
Menlo Park, California 94025
(Address of principal executive offices) (Zip Code)
LOANSDIRECT, INC. 1999 STOCK OPTION/STOCK ISSUANCE PLAN (As Assumed by Registrant)
(Full title of the Plan)
Christos M. Cotsakos
Chairman of the Board and Chief Executive Officer
E*TRADE GROUP, INC.
4500 Bohannon Drive
Menlo Park, California 94025
(650) 331-6000
(Name, address including zip code, and telephone number,
including area code, of agent for service)
Copies of Communications to:
Theodore J. Theophilos
Chief Legal Affairs Officer
E*TRADE GROUP, INC.
4500 Bohannon Drive
Menlo Park, California 94025
CALCULATION OF REGISTRATION FEE
Title of
Securities
to be
Registered
Amount
to be
Registered (1)
Proposed
Maximum
Offering
Price
Per
Share (2)
Proposed
Maximum
Aggregate
Offering
Price (2)
Amount of
Registration
Fee
LoansDirect, Inc. 1999 Stock Option/Stock Issuance Plan
Common Stock, $0.01 par value
284,015 shares
$6.68
$1,897,220.20
$474.31
(1)
This Registration Statement shall also cover any additional shares of Common Stock which become issuable under the LoansDirect, Inc. 1999 Stock Option/Stock Issuance Plan (as assumed by Registrant) by reason of
any stock dividend, stock split, recapitalization or other similar transaction effected without Registrant's receipt of consideration which results in an increase in the number of the outstanding shares of Registrant's Common Stock.
(2)
Calculated solely for purposes of this offering under Rule 457(h) of the Securities Act of 1933, as amended, on the basis of the weighted average exercise price of the outstanding options.
PART II
Information Required in the Registration Statement
Item 3.
Incorporation of Documents by Reference
E*TRADE Group, Inc. (the "Registrant") hereby incorporates by reference into this Registration Statement the following
documents previously filed with the Securities and Exchange Commission (the "SEC"):
(a)
The Registrant's Annual Report on Form 10-K for the fiscal year ended September 30, 2000, filed with the SEC on November 9, 2000 (as amended on Form 10K/A, filed with
the SEC on November 22, 2000), pursuant to Section 13 of the Securities Exchange Act of 1934, as amended (the "1934 Act");
(b)
The Registrant's Quarterly Reports on Form 10-Q for the fiscal quarter ended June 30, 2000, filed with the SEC on August 14, 2000 (as amended on Form 10-Q/A, filed with
the SEC on October 25, 2000) and for the fiscal quarter ended December 31, 2000, filed with the SEC on February 14, 2001;
(c)
The Registrant's Current Reports on Form 8-K for period date January 19, 2001, filed with the SEC on January 19, 2001 (as amended on Form 8-K/A, filed with the SEC on
January 23, 2001 and further amended on Form 8-K/A, filed with the SEC on February 12, 2001) and period date January 22, 2001, filed with the SEC on January 25, 2001; and
(d)
The Registrant's Registration Statement No. 001-11921 on Form 8-A12B filed with the SEC on July 12, 1996 (as amended on Form 8-A12B/A, filed with the SEC on February 12, 2001), pursuant to Section 12 of the 1934 Act, in which there is described the
terms, rights and provisions applicable to the Registrant's outstanding Common Stock.
All reports and definitive proxy or information statements filed pursuant to Section 13(a), 13(c), 14 or
15(d) of the 1934 Act after the date of this Registration Statement and prior to the filing of a post-effective amendment which indicates that all securities offered hereby have been sold or which deregisters all securities then remaining unsold shall be
deemed to be incorporated by reference into this Registration Statement and to be a part hereof from the date of filing of such documents. Any statement contained in a document incorporated or deemed to be incorporated by reference herein shall be deemed
to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained herein or in any subsequently filed document which also is deemed to be incorporated by reference herein modifies or supersedes such
statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.
Item 4.
Description of Securities
Not Applicable.
Item 5.
Interests of Named Experts and Counsel
Not Applicable.
Item 6.
Indemnification of Directors and Officers
Section 145 of the General Corporation Law of the State of Delaware (the "Delaware Law") empowers a Delaware corporation to indemnify
any persons who are, or are threatened to be made, parties to any threatened, pending or completed legal action, suit or proceedings, whether civil, criminal, administrative or investigative (other than action by or in the right of such corporation), by
reason of the fact that such person was an officer or director of such corporation, or is or was serving at the request of such corporation as a director, officer, employee or agent of another corporation or enterprise. The indemnity may include expenses
(including attorneys' fees), judgments, fines and amounts paid in settlement actually and reasonably incurred by such person in connection with such action, suit or proceeding, provided that such officer or director acted in good faith and in a
manner he reasonably believed to be in or not opposed to the corporation's best interests, and, for criminal proceedings, had no reasonable cause to
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believe his conduct was illegal. A Delaware corporation may indemnify officers and directors in an action by or in the right of the corporation under the same conditions, except that no indemnification is permitted without
judicial approval if the officer or director is adjudged to be liable to the corporation in the performance of his duty. Where an officer or director is successful on the merits or otherwise in the defense of any action referred to above, the corporation
must indemnify him against the expenses which such officer or director actually and reasonably incurred.
In accordance with the Delaware Law, the Restated Certificate of Incorporation of the Registrant contains a provision to limit the personal liability of the
directors of the Registrant for violations of their fiduciary duty. This provision eliminates each director's liability to the Registrant or its stockholders for monetary damages except (i) for any breach of the director's duty of loyalty to the
Registrant or its stockholders, (ii) for acts or omissions not in good faith or which involve intentional misconduct or a knowing violation of law, (iii) under Section 174 of the Delaware Law providing for liability of directors for unlawful payment of
dividends or unlawful stock purchases or redemptions, or (iv) for any transaction from which a director derived an improper personal benefit. The effect of this provision is to eliminate the personal liability of directors for monetary damages for actions
involving a breach of their fiduciary duty of care, including any such actions involving gross negligence.
Article 5 of the Restated Bylaws of the Registrant provide for indemnification of the officers and directors of the Registrant to the fullest extent permitted by
applicable law.
In connection with the incorporation of the Registrant into the State of Delaware, the Registrant entered into indemnification agreements with each director and
certain officers. The Indemnification Agreements provide indemnification to such directors and officers under certain circumstances for acts or omissions which may not be covered by directors' and officers' liability insurance.
Item 7.
Exemption from Registration Claimed
Not Applicable.
Item 8.
Exhibits
Exhibit Number
Exhibit
4
Instruments Defining Rights of Stockholders. Reference is made to Registrant's Registration Statement No. 001-11921 on Form 8-A12B, including all amendments and the exhibits thereto, which is incorporated herein by reference
pursuant to Item 3(d).
5
Opinion and Consent of Davis Polk & Wardwell.
23.1
Consent of Deloitte & Touche LLP, Independent Auditors.
23.2
Consent of Arthur Andersen LLP, Independent Public Accountants.
23.3
Consent of Davis Polk & Wardwell is contained in Exhibit 5.
24
Power of Attorney. Reference is made to page II-4 of this Registration Statement.
99.1
LoansDirect, Inc. 1999 Stock Option/Stock Issuance Plan (As Assumed by Registrant).
99.2
Form of LoansDirect, Inc. Stock Option Agreement.
99.3
Form of Stock Option Assumption Agreement-Standard.
99.4
Form of Stock Option Assumption Agreement-Acceleration.
Item 9.
Undertakings
A.       The undersigned Registrant hereby undertakes: (1) to file, during any period in which offers or sales are being made, a
post-effective amendment to this Registration Statement (i) to include any prospectus required by Section 10(a)(3) of the 1933 Act, (ii) to reflect in the prospectus any facts or events arising after the effective date of this Registration Statement (or
the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in this Registration Statement and (iii) to include any material information with respect to the plan of
distribution not previously disclosed in this Registration Statement or any material change to such information in this Registration Statement; provided, however, that clauses (1)(i) and (1)(ii) shall not apply if the information required to be included
in a post-
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effective amendment by those paragraphs is contained in periodic reports filed by the Registrant pursuant to Section 13 or Section 15(d) of the 1934 Act that are incorporated by reference into this Registration Statement; (2)
that for the purpose of determining any liability under the 1933 Act each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein and the offering of such securities at that time shall be
deemed to be the initial bona fide offering thereof; and (3) to remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the LoansDirect, Inc. 1999 Stock Option/Stock
Issuance Plan, as assumed by Registrant.
B.     The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the 1933 Act,
each filing of the Registrant's annual report pursuant to Section 13(a) or Section 15(d) of the 1934 Act that is incorporated by reference into this Registration Statement shall be deemed to be a new registration statement relating to the securities
offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
C.     Insofar as indemnification for liabilities arising under the 1933 Act may be permitted to directors, officers, or
controlling persons of the Registrant pursuant to the indemnification foregoing provisions summarized in Item 6 or otherwise, the Registrant has been advised that, in the opinion of the SEC, such indemnification is against public policy as expressed in
the 1933 Act, and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer, or controlling person of the Registrant
in the successful defense of any action, suit, or proceeding) is asserted by such director, officer, or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been
settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the 1933 Act and will be governed by the final adjudication of such issue.
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SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended,
the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8, and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in
the City of Menlo Park, State of California on this 21st day of February, 2001.
E*TRADE GROUP, INC.
By
:
/s/ Christos M. Cotsakos
Christos M. Cotsakos
Chairman of the Board and Chief Executive
Officer
POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS:
That the undersigned officers and directors of E*TRADE Group, Inc., a
Delaware corporation, do hereby constitute and appoint Brigitte VanBaelen, Theodore J. Theophilos and Leonard C. Purkis, and each one of them, the lawful attorneys-in-fact and agents with full power and authority to do any and all acts and things and to
execute any and all instruments which said attorneys and agents, and any one of them, determine may be necessary or advisable or required to enable said corporation to comply with the Securities Act of 1933, as amended, and any rules or regulations or
requirements of the Securities and Exchange Commission in connection with this Registration Statement. Without limiting the generality of the foregoing power and authority, the powers granted include the power and authority to sign the names of the
undersigned officers and directors in the capacities indicated below to this Registration Statement, to any and all amendments, both pre-effective and post-effective, and supplements to this Registration Statement, and to any and all instruments or
documents filed as part of or in conjunction with this Registration Statement or amendments or supplements thereof, and each of the undersigned hereby ratifies and confirms all that said attorneys and agents, or any one of them, shall do or cause to be
done by virtue hereof. This Power of Attorney may be signed in several counterparts.
IN WITNESS WHEREOF
, each of the undersigned has executed this Power of Attorney as of the date indicated.
Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement has been signed below by the following persons in the
capacities and on the dates indicated.
Signature
Title
Date
/s/ Christos M. Cotsakos
Chairman of the Board and
February 21, 2001
Chief Executive Officer
Christos M. Cotsakos
(Principal Executive Officer)
/s/ Leonard C. Purkis
Chief Financial Officer
February 12, 2001
(Principal Financial and
Leonard C. Purkis
Accounting Officer)
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/s/ William A. Porter
William A. Porter
Chairman Emeritus
February 13, 2001
Peter Chernin
Director
/s/ Ronald D. Fisher
Ronald D. Fisher
Director
February 21, 2001
/s/ William E. Ford
William E. Ford
Director
February 21, 2001
/s/ David C. Hayden
David C. Hayden
Director
February 12, 2001
/s/ George Hayter
George Hayter
Director
February 13, 2001
/s/ Lewis E. Randall
Lewis E. Randall
Director
February 13, 2001
/s/ Lester C. Thurow
Lester C. Thurow
Director
February 14, 2001
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.
EXHIBITS
TO
FORM S-8
UNDER
SECURITIES ACT OF 1933
E*TRADE GROUP, INC.
EXHIBIT INDEX
Exhibit Number
Exhibit
4
Instruments Defining Rights of Stockholders. Reference is made to Registrant's Registration Statement No. 001-11921 on Form 8-A12B, including all amendments and the exhibits thereto, which is incorporated herein by reference
pursuant to Item 3(d).
5
Opinion and Consent of Davis Polk & Wardwell.
23.1
Consent of Deloitte & Touche LLP, Independent Auditors.
23.2
Consent of Arthur Andersen LLP, Independent Public Accountants.
23.3
Consent of Davis Polk & Wardwell is contained in Exhibit 5.
24
Power of Attorney. Reference is made to page II-4 of this Registration Statement.
99.1
LoansDirect, Inc. 1999 Stock Option/Stock Issuance Plan (As Assumed by Registrant).
99.2
Form of LoansDirect, Inc. Stock Option Agreement.
99.3
Form of Stock Option Assumption Agreement-Standard.
99.4
Form of Stock Option Assumption Agreement-Acceleration.