In the wake of the SEC charges, the bank is reportedly doing some serious "soul-searching" and "heading down a spiritual journey," which may lead to some sort of "revolutionary announcement." What could it be? That the prop team being "spun off" into a separate hedge fund will actually spend its days in a rented office space on Third Avenue working on a letter writing campaign to bring back Zubaz, Lloyd Blankfein's preferred choice of pant? Stay tuned. [Reuters]