Has the financial crisis taken a toll on your drug usage? Fuck no, says recently released data. While only 2 percent of the finance industry failed drug tests last year, according to a firm that screens around 270 shops, versus 3.6% of all workers, those numbers are merely reflective of the fact that most finance gigs will only make you piss in a cup as a new hire, and not on a random Wednesday, several hours off your last bender [wipes brow]. Once you’re in, it’s highly unusual for HR to get up in your face about whether or not that was you blowing rails off the head of IR’s ass in the conference room. And speaking of preferences, what are the drugs of choice among the using set these days? Continue reading »
addicts
As you’re aware, John Thain has a substance abuse problem. The substances are fabulous chaise lounges, antique desks, and curtains that cost $1,000/yard. John’s brain is wired to think he needs these things and more to perform at the top level shareholders of the companies he’s run have grown accustomed to. Obviously this isn’t a healthy addiction JT’s struggling to overcome, and clearly he’s still in the early stages of recovery, as noted by what he told Bloomberg, on the news he’d accepted the job to run CIT Group, and the executive suit that comes with the gig.
“I think I’ll keep my office exactly the way it is,” he said.
This is something addicts say in their first go at rehabilitation, when they think they’re bigger than the drugs. They want to overcome their demons, sure, but they have no idea how truly brutal and demanding the road ahead will be. It’s not realistic to say you will categorically never use again because, statistically speaking, almost everyone has at least one or two relapses, especially when put it high risk environments rife with triggers. Such as, the hideous office of one’s predecessor, which I don’t think John actually got a look at before taking the job, and certainly not prior to speaking with Bloomberg.
Is Wall Street Comprised Of A Bunch Of Crackwhores Who Can’t Help Themselves, Crying Out For Help? John Mack Says Yes
By Bess Levin
John Mack said last night at panel discussion hosted by Bloomberg News and Vanity Fair that as an (outgoing) chief executive of a major bank, he welcomes, nay, begs for increased regulation by the Fed. He illustrated this need with a little story about how during the credit boom, he almost did a deal at 8 times leverage, and then someone else came in and did it at 10. And you know what that showed Mack? That “We cannot control ourselves. You have to step in and control the Street.” So there it is, the bottom line. We will not stop until you pry the crack pipe from our dead lifeless fingers. If you thought that time we got picked up by the cops for freebasing smack off a homeless man’s dick in a back alley was a wake-up call, you thought wrong.
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