Goldman Sachs Caps Interns to 17 Hours a Day After Death at Bank of America

[ghostsinthemachine]

Goldman Sachs has officially announced that it will cap interns’ days at 17 hours, meaning interns are encouraged to go home by midnight and not arrive before 7 a.m. At the beginning of June, Goldman Sachs took on around 2,900 summer interns.

The announcement comes shortly after Bank of America Merrill Lynch intern Moritz Erhardt, 21, was found dead in his shower after working for 72 hours straight. According to an autopsy, Erhardt died from epileptic seizures that could have been triggered by all-nighters.

Still, after Erhardt’s death, some banks have been making an effort to scale back on the absurd rigor of their internship programs. The bank also recently restricted junior bankers from working on Saturdays.

http://www.alternet.org/economy/goldman-sachs-limits-interns-shift-17-hours-after-death-bank-america-corp-intern?sc=fb

Good for them. The heart runs deep with this bunch surely:

[bluestateguy]

1. Does GS pay their interns?

I think they scrape the money together to do it.

[Lucky Luciano]

4. Wall Street interns are paid pretty well. Say $4-5K/mo for undergrads. ant

[randys1]

2. GS needs to be indicted for murder. BofA, etc.

Why in the fuck do we tolerate this shit?

The other way to look at this is one less piece of shit who will prey on us

Assuming he was looking to do that, i mean

[hifiguy]

3. Tell me this is actually the Onion.

Or Borowitz. I beg you in the name of sanity itself.

It isn't?




The only good thing about this lot is. as Lenin said, the capitalists will happily sell us the rope with which we will hang them.