Brain drain takes toll at Citi and BofA


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Published in CNN Money June 23, 2009 by David Ellis

Many top traders and bankers have left the financial giants for rivals. The trend may continue as long as Citi and BofA remain under the government’s thumb.  The so-called brain drain that big banks have worried about ever since the government stepped in to bail out the financial sector appears to be well underway.

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