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I was wondering what Vikram and Company were going to do about Andrew Hall, that pesky trader of theirs (employed through Citi&#39;s commodities trading subsidiary, Phibro LLC) who banked $100 million last year and is on track to pocket the same amount this year. Today, we all found out: Citi decided to sell out. That is, it sold the Phibro subsidiary, washing its hands of Hall.&lt;p&gt;Unlike many bankers last year, Hall had the books to back up his paycheck (he made a bundle for Citi) and has &#39;em to back him this year as well. But due to Citi still sucking on the teat of Uncle Sam (it hasn&#39;t yet repaid that little $45 billion it borrowed under TARP), Hall&#39;s compensation came under fire and stood to get even more not-so-nice media play when Kenny Feinberg, the U.S. Pay Czar, releases his compensation report later this month.&lt;p&gt;It&#39;s likely a good move for Citi, which needs to get out from under Sam&#39;s thumb as soon as it can, and distance itself from any further compensation controversy, even if it means losing a few hundred million dollars in annual revenues in the process.&lt;p&gt;&amp;nbsp;&lt;p&gt;

Derek Loosvelt

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