The Mudcat Café TM
Thread #119402   Message #2596612
Posted By: JohnInKansas
24-Mar-09 - 09:20 PM
Thread Name: BS: $100 million bonuses to AIG execs
Subject: RE: BS: $100 million bonuses to AIG execs
Fallout on the side:

Rehab centers seeing surge in bankers

Addiction takes a toll in industry where confidence is the name of the game

Reuters
updated 4:53 a.m. CT, Tues., March. 24, 2009

NEW CANAAN, Connecticut - 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.

"We absolutely do see more people coming in naming either a job loss or huge financial reversals or big investments with Bernie Madoff," said Sigurd Ackerman, medical director at Silver Hill Hospital rehabilitation facility in New Canaan, Connecticut.

"They're being admitted with depression or increases in substance abuse, or both."

... .... ...

Sort of a "fluff" piece, and no mention about "guilt feelings" as a contributing factor.

John