Occupational Hazards

People on Wall Street, Stressed: The Stock Image Collection.

Study: Investment Banking is Bad for You, Will Make You An Alcoholic Adderall-Addicted Paranoid Shell of a Human Being

Say what you will about investment banking as a benefit to and/or plague on the finance sector, economy, New York City, and the universe in general. Now there’s science to back the idea that, yes, investment banking is actually, medically ‘bad’ for one’s health. How bad? Try “insomnia, alcoholism, heart palpitations, eating disorders and an explosive temper” or at the very least “a stress-related physical or emotional ailment within several years on the job.” Science! Read More

power broker

Michael Rotchford, the Numbers Guy

It was at the depths of the economic downturn that mega-developer Larry Silverstein first sought to raise capital for the construction of three towers at the World Trade Center site by securing $1.3 billion in bonds from the Port Authority of New York and New Jersey, the site’s landlord.

To navigate such Read More

Goldman Sachs Sued for Alleged Sexism

Wall Street titan and adept moneymaker Goldman Sachs faces a lawsuit by three former employees that accuses the firm of keeping a crotchety, staid culture that keeps women from getting raises and promotions, The New York Times reports.

The three plaintiffs — Christina Chen-Oster, Lisa Parisi and Shanna Orlich — served respectively as vice Read More

Portrait of the Banker (as a 29-Year-Old)

On a recent drizzly Sunday afternoon, a 29-year-old New York banker was sitting in a West Village cafe, eating biscotti with a mocha cappuccino and a glass of grapefruit juice. “I want to retire early and maybe do something else,” he sighed.

“My premium years were spent working very, very hard because of the Read More

A Very Special Wall Street Warriors

The second season of Wall Street Warriors, a reality show broadcast on the hi-definition cable channel Mojo with the tagline “Gambling at Its Finest,” was released on Monday, giving viewers without HDTV the chance to “witness the extreme power and intense competition that defines Wall Street through the eyes of those who thrive there.”