The Ex-Banker on Cocaine Binges & £600k Bonuses | Informer

“It’s an industry that rewards psychopaths.”
As the global economy is potentially looking at a deep recession due to COVID-19 just after recovering from the 2008 financial crash, we hear from an ex-banker who worked in the City of London’s Square Mile from the mid-90s to 2008.
He lifts the veil on the sordid world of investment banking where he enjoyed thousand-pound 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
Watch more from this series:
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