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Saturday, April 19, 2014

Wall Street Is Not a Death Trap

By Sally L. Satel
Bloomberg News
Originally posted March 31, 2014

After the suicides of eight people in the global financial sector over six months, investment banks have come under pressure to pay more attention to the mental health of their employees. The high-stress, competitive environment -- with its unpredictably punishing workweeks -- are seen as creating the conditions for pushing some people over the edge.

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In answer to the question raised in a recent Fortune magazine article, no, there isn't a suicide contagion on Wall Street. Rather, the handful of suicides, tragic as each one is, involved the segment of the population most at risk: white men, particularly over 50.

The entire article is here.