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.