Wall Street recruiters are salivating at last year's 61% slump in Bank of America's (BAC) share...

Wall Street recruiters are salivating at last year's 61% slump in Bank of America's (BAC) share price, hoping it will be the catalyst that leads to easy poaching of its much vaunted advisor ranks. Excessive bureaucracy, decisions made with little broker input and an agressive push to cross-sell bank products have eroded the culture at Merrill since BofA bought the firm about three years ago.