Wall Street Masters of the Universe seeking addiction help, hallelujah
According to Reuters, rehabilitation centers and alcohol addiction groups are seeing an upsurge.
Cocaine and martinis On Wall Street? Nothing new there. Masters of the Universe admitting they have an alcohol problem? Not so common.
Experts say more and more people in finance are seeking treatment for addiction as the global economic crisis sinks its teeth into a high-stakes industry where confidence is the name of the game and nobody wants to admit to a weakness.
Do you know what this means?
The underlying problem, work-related stress, has imploded enough for good people (which Wall Streeters are, 99.9% of them) to get help.
“You’re supposed to be a master of the universe, you’re supposed to be on top of everything,” said one financial services executive who began alcohol rehab in August.
“There’s not a lot of sensitivity training or meetings where you sit around and ask how everyone is feeling,” said the Connecticut executive, who spoke on condition of anonymity. “No one walks around saying ‘I feel your pain.’”
Lawyers, stock brokers, people we as a culture put into adversarial roles, they are now asking for help from the long-term numbing they have needed and used in order to do their jobs.
Harris Stratyner, a psychologist with Caron Treatment Centers, a leading non-profit addiction treatment foundation with offices in Manhattan, said stars of the financial world were by nature more prone to risky and extreme behavior… Stratyner said mental illness and addiction, which often occur together, cost the United States $171 billion a year in lost workplace productivity.
This is a very hopeful step.
Now lets deal with the sick cycle carousel that leads to addiction.
Its not as easy as blaming everyone on Wall Street for the current global economic meltdown.
We’re all to blame, from the top execs who gleefully took tens of millions of dollars of annual salary, to the regular american citizen who spent many times their annual income on things they do not need…
Lets cut Wall Street’s insane highs and lows, regulate it back to health. If Wall Streeters can admit they have a problem, so should the rest of us.
[...] Wall Street Masters of the Universe seeking addiction help … By Schizo America According to Reuters, rehabilitation centers and alcohol addiction groups are seeing an upsurge. Cocaine and martinis On Wall Street? Nothing new there. Schizo America – http://schizoamerica.com/ [...]
Probably the best explanation I’ve read for the meltdown. How else could someone make a video such as this > http://www.youtube.com/watch?v=Nay4VbUJl3E. There was a good rant in a Rolling Stone article relating the similarity of crack head behavior to that of Wall St. > http://www.rollingstone.com/politics/story/26793903/the_big_takeover/print