I don't have to tell you that things on Wall Street have been prettay prettay prettay bad of late. You financial services hacks of the world are delicate flowers and right now, your ecosystem is being is being disrupted. You're on edge and most of the time, at any given moment, you could easily see yourself going circus freak crazy on someone and maybe like killing a man in cold blood or something. Unfortunately this sort of behavior is still for the most part frowned upon at most firms on Wall Street (obviously you've got your exceptions- MWhitney Associates, DoubleLine, etc). You could go to some gym and do a little sparring in the ring but what you really want is a place where people will understand. Where they'll get what you're about. Enter: The Dungeon.
A black eye or row of stitches may grace John Cholish's face when he meets with wealth-management clients at Merrill Lynch & Co. Those injuries occur after Cholish, 26, leaves his midtown Manhattan office and heads for the gym. Cholish and his roommate, Erik Owings, also a professional fighter, converted the top level of their duplex apartment on the Upper East Side into a gym, where Byrne sometimes brings Wall Street colleagues to work out.
"It's the dungeon of pain," said Brian Peganoff, an assistant vice president in corporate cash management at Deutsche Bank. Peganoff, 27, learned tae kwon do as a child and started boxing as a workout while attending Pennsylvania State University in University Park. He began jiu-jitsu about two years ago.
Ramon Bauza, 44, head of foreign exchange debt capital market sales at Deutsche Bank in New York, was a wrestler at Boston College and trains with Byrne and Cholish. The finance industry is an aggressive culture that leads toward physically challenging sports, Bauza said.
"It's a recession," said Max McGarr. "Some days, fighting is the only thing holding them together."