Village noted with interest that on the very day Barclays Capital tried, and failed, to take more than 40 bankers out of CSFB in New York, the Catholic church was in the middle of its own hiring spree. Just after eFinancialNews.com broke the CSFB/Barclays story, Pope John Paul II inducted 44 cardinals in Vatican City.

As the Barclays bid fell apart and the CSFB fixed income team failed to reappear at their desks, we dutifully put in the call to CSFB and held our breath for what could have been the most unlikely team move of all time. Had the rat race become too much for the fixed income stars? Sadly, it seems that Jack Dimaio, John Walsh et al will not be wearing robes for the time being.