Unfounded Rumor Of The Day: Merrill Lynch Employees Mass Exodus For Citadel

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Supposedly "the entire Merrill Lynch index desk" has left Bank of America to go work for Citadel (ship jumping characterized as "like going from the Titantic to the Lusitania" by our tipster. We would never put it like that). It is unclear whether or not they're carpooling with their friends from the investment bank, also making the trek to Chi-town. Also unclear is whether or not Ken Lewis and Co will be throwing a similar fit to the one JPMorgan did over employees abandoning them for Ken Griffin (or if KL will take the "this is an act of war" letter-writing approach, or if he'll just be too drunk to notice).

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