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Citigroup Raids Lehman for Banking Bankers

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Citigroup scored a major coup on Friday, taking an entire team of bankers specializing in financial services deals from Lehman brothers. The defectors are led by Henry Michaels and John Roddy, and includes director Jerry Wiant, VP Sean Burke and associates John Minor and Donald Lacey. The best part--or at least a really great part of the deal--is that whole group isn't starting for a month, after taking a thirty day break to comply with exisiting non-compete agreements.
Contractually obligatory summer vacations. So effin hot.
Citigroup Hires Six FIG Bankers From Lehman [Dow Jones Wire on CNNMoney.Com]