Some of our old dinosaur friends hope that the removal of two big participants from the market will put some sanity back into the pricing structure. Granted they are still smarting at the fact that the investment banks bulled there way into the interbank market twenty years ago after having been very good customers to banks for years before that. Putting that issue aside, the hope is by removing two large players, spreads may widen in the interbank market. One can hope, but in a world where prices are being quoted electronically to five decimal places, it will be very difficult to put the genie back in the bottle.