Overlooked in the brouhaha over the NYT's series about the rich and richer was this gem from yesterday's Post, about Wall Street traders getting laid off as the markets go electronic. The article quotes one Howard Lasher, "veteran trader," as saying that traders are now visiting psychologists because of all the emotional trauma surrounding the layoffs. But these are hard-charging people—surely they're not seeking help because of a few layoffs?:
But some traders say the emotional troubles run deeper than money. "When traders read about massive bonuses, the leveraged buyouts and the millions of dollars changing hands, it just compounds their depression," says an alarmed Lasher.We knew that Times series was going to make some people crazy. We just didn't know how crazy.