zorrow

Bailed-out banksters complain (vaguely) that restricting bonuses causes their talent to flee, but Bloomberg nails down where they're going: Nomura and Barclays. Derek Thompson feels some sympathy for the poor devils - after all, a talent exodus will hurt taxpayer-owned institutions - but figures a solution may be to make the bailed-out firms back into retail banks where the brain drain is less likely.

"Talent" moves from the US to some other location. BFD, its not like these guys are patriots working to build our society. They're just larder rats; so it doesn't matter where they nest.