Last week Citigroup sent an email to analysts and associates in the bank's capital-markets and investment banking team encouraging the young pups to checkout from 10:00 pm on Friday until 10:00 am on Sunday. Citi's move is on the heels of Goldman Sachs, Bank of America, JP Morgan Chase and Credit Suisse, which have also focused on making the life of junior staffers more enjoyable.

Excuse me, I must be an old fuddy-duddy, but are the early years in one's career not the time to earn one's stripes, learn the trade and hone deal skills, while supporting and learning from a leadership team that has been-there-and-done-that?

Thanks to the bureaucrats in DC, banking may have become out of vogue due to the fallout of the great recession, but face facts: banking is alive and well and will desperately need young and emerging talent.