New York Psychiatrist Uses Verbal Abuse On Wall Street Clients

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The Daily Beast   |  Dr. Stephen Josephson   |   October 6, 2008 04:38 PM


A New York psychiatrist says caustic verbal abuse is the best treatment for traumatized Wall Street jocks.

Last week the bottom dropped out of the financial market, and in a peculiar way, the brunt of the collapse fell on me. I counsel senior executives at Lehman Brothers, Goldman Sachs, Bear Stearns, Merrill Lynch, Citibank, Deutsche Bank, Moody's, and a number of hedge funds. I've even treated a few US cabinet members in my 30 years in practice.

My schedule is always packed--I see about 80 people a week. But for the past few weeks, my phone has been ringing off the hook, as self-worth on Wall Street plummets faster than WaMu stock.

Read the whole story here.

A New York psychiatrist says caustic verbal abuse is the best treatment for traumatized Wall Street jocks. Last week the bottom dropped out of the financial market, and in a peculiar way, the brunt o...
A New York psychiatrist says caustic verbal abuse is the best treatment for traumatized Wall Street jocks. Last week the bottom dropped out of the financial market, and in a peculiar way, the brunt o...
 
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So this otherwise enlightened psychiatrist (or so he claims) uses gendered insults to spur his chauvinist capitalist clients into...being more chauvinist and capitalist?

Fascinating. Perhaps he should be helping these morons to see how hideous their lifestyles are, instead of using their unchallenged prejudices to return them to a baseline amorality.

    Favorite    Flag as abusive Posted 06:51 PM on 10/08/2008

Another example of those guys making too much money. They pay good money for something they can get for free from the majority of americans. He!! we're throwing some physical abuse in for free.

    Favorite    Flag as abusive Posted 02:40 PM on 10/08/2008

Dr. Stephen Josephson is being paid by wall street executives who feel guilty about cheating us and pay Dr.Stephenson with the money they cheated us out of.Dr. Stephenson then yells at the patients to get back out there and make some more money to pay him with.No one can successfully prosecute the Doctor for possession of stolen property but if you robbed a store and bought a car,after you were caught they would take the car.Can we auction off some therapy sessions? Get back some congressional lobby money?

    Favorite    Flag as abusive Posted 01:40 PM on 10/07/2008

The screaming and yelling is just going to get worse as Reagan's ideology continues to be discredited and discarded. Reagan started the massive deficit spending with his trickle down economics but put the country on the road to bankruptcy.

    Favorite    Flag as abusive Posted 09:47 AM on 10/07/2008
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What?? Capitalism isn't quite the Utopia Reagan and Limbaugh told you it was and your layer of the pyramid is now being eaten away in the darwinist race to the finish?? Awwww, poor little back-stabbing scum-bags....

    Favorite    Flag as abusive Posted 09:22 AM on 10/07/2008

Agreed I would love to do this. Especially for the real corporate jerks who took people's money and ran.

Or the moronic financial analysts who are still trying to say everything's fine. However, having read the whole article I realize why this lady is such a horrible psychiatrist.

Her answer to yell at her clients about throwing in the towel and tell them to go in their and make some more money? Yeah that's just about the worst advice you can offer them right now. There is NO MONEY, lady. Geesh don't sign your 401 (k) over to her. Or even go near her when you need advice.

"My whole life is falling apart. My parents died. I need some time to think."
"Quit whining and get back in there. "

    Favorite    Flag as abusive Posted 03:07 AM on 10/07/2008

Count me in, I'll be happy to help. I hear it also works on anyone in the current administration. I definitely to do my part to help them as much as I can. The truth hurts but it's so worth it in the end, which for them is fortunately within sight.

    Favorite    Flag as abusive Posted 02:35 AM on 10/07/2008

wall street will come back, it always does - greed is a powerful motivator...the faces may change but the culture does not

    Favorite    Flag as abusive Posted 11:24 PM on 10/06/2008

Hey, if jail was good enough for Martha Stewart...I think these "fine upstanding gentleman" could spend a few DECADES in jail...they want to be tough guys...hey spend some time in jail with their "fellow Americans" who never had the "good life!"

    Favorite    Flag as abusive Posted 09:07 PM on 10/06/2008
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I'd be more than happy to help out. I'm sure most of these wall street schlubs haven't had any real abuse in their lives. I could educate them.

    Favorite    Flag as abusive Posted 08:48 PM on 10/06/2008

thnk of this.good people lost ther lives on 9-11, to save these crooks

    Favorite    Flag as abusive Posted 06:39 PM on 10/06/2008

I say put them on the Steve Wilco show and let Steve scream in their faces.

    Favorite    Flag as abusive Posted 06:38 PM on 10/06/2008

have another line of coke guys .think they should start drug testing these people.

    Favorite    Flag as abusive Posted 06:36 PM on 10/06/2008

If they ever did that, urine futures would go through the roof.

    Favorite    Flag as abusive Posted 11:29 PM on 10/06/2008

His verbal abuse pales in comparison to what most us would give these thieves! I'll throw them a pity party they'll never forget!

    Favorite    Flag as abusive Posted 06:23 PM on 10/06/2008
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If it's verbal abuse they want, no need to pay a shrink. Walk around on the streets of any city wearing a sign stating who they are and what they do and they will get plenty of it from us - the people they have been ripping off for years. Remember the one guy joking about stealing Grandma's money in the Enron deal? How about the oil speculator who sent oil prices over $100/barrel just so he could have the bragging rights about it?

Either that or just send them over here to start posting on HuffPo. We know what they need and will be more than happy to give it to them, for free.

    Favorite    Flag as abusive Posted 05:37 PM on 10/06/2008
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