Well, it’s bonus time, so naturally they want out from under the Federal pay restrictions.

But the “street” is buzzing about it. Will CITI be allowed to exit, and if so, under what conditions or restrictions? Will they (or could they) raise the $45 billion in capital for repayment?

But bigger still, is the question on whether or not they should be ALLOWED to. There is still a certain degree of “fear” or at least skepticism on Main Street that releasing the banks from their restrictions may allow them to return to doling out excessive compensation in whatever way they wish to, and I don’t think the general public is ready for that yet.

But, really, it all boils down to the fierce competition for the big producers that we recruiters are witnessing on a daily basis, and the high price those producers are demanding to either “stay” or “move”.

And you know what? Their demands are being met - business as usual…