For more than a year, activist hedge fund manager Edward Bramson has been agitating for Barclays to get rid of its investment bank, because it sucks. After for more than a year, Barclays CEO Jes Staley has held off his bizarro doppelgänger—rather triumphally, it must be said. Well, Bramson hasn’t sold his shares and gone back to Connecticut. Having, as he says, “the necessary resources to engage constructively with the company for as long as possible,” Bramson has been biding his time. For this, as it turns out.