“It’s an industry that rewards psychopaths.”
As the global economy is potentially looking at a deep recession due to COVID19 just after recovering from the 2008 financial crash, we hear from an exbanker who worked in the City of London’s Square Mile from the mid90s to 2008.
He lifts the veil on the sordid world of investment banking where he enjoyed thousandpound meals, sex parties with colleagues and £600k bonuses for “pushing around bits of paper”. He believes psychopaths in suits gamed the system while damaging society in the process.
Informer is a series where we hear the anonymised confessions and insights of people on the inside of different industries, institutions and events.
0:00 Intro
0:43 History as an Investment Banker
1:25 Salary
2:00 Drugs in Banking
2:50 The "Perfect" Job for a Psychopath
3:33 Insider Trading
5:37 How the Industry Has Changed
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