Monday, March 10, 2014

Banking isn’t a wonderful life now as suicides sweep financial district

The New York Post reports:
In the last two months, there has been a rash of suicides and mysterious deaths sweeping the world of high finance.

JPMorgan has been hardest hit, with three untimely deaths in just the last few weeks, and last week Autumn Radtke (left), a 28-year-old CEO of First Meta, a small cyber-currency exchange, jumped to her death in Singapore.

Historically, suicide rates rise during times of financial stress and economic downturns. Now, though stocks are at or near all-time highs, for many Wall Street bankers these are times of setbacks and stress.

Today’s bankers are not a settled, comfortable bunch anymore. A day doesn’t go by where you don’t hear about more bank layoffs and branch closings.
A sad story.