It has been found that one out of every 10 employees on Wall Street can be deemed a clinical psychopath, according to Sherree DeCovny of the CFA Magazine. The general population sees the rate drop close to one percent.
“A financial psychopath can present as a perfect well-rounded job candidate, CEO, manager, co-worker, and team member because their destructive characteristics are practically invisible,” writes DeCovny.
DeCovny says that a clinical psychopath features gregarious, bright and charming qualities. The psychopath lies often and with ease but could have trouble showing empathy for other people. The psychopath might also be willing to take dangerous risks in life because he or she does not understand what the consequences are or because he or she just simply does not care.
It has been argued previously that politicians and stockbrokers show some of the same traits as psychopaths, often times in abundance. Some scientists argue that close to four percent of executives in the country are psychopaths because they have a lack of scruples that helps them succeed in their profession.
The mental health of Wall Street employees is probably hurt by the fast-paced environment of the business world. It has been discovered by a recent study that multiple youthful bankers develop the following problems after only a couple of years working in the profession. Those problems include insomnia, alcoholism, eating disorders and other stress ailments. It has been found that stockbrokers show clinical depression at three times as high as the general public.