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: The Pregnant Doc Telling the Truth About COVID-19 Ex-Con Explains the Corruption of Prison Guards Click here to subscribe to VICE: About VICE: The Definitive Guide To Enlightening Information. From every corner of the planet, our immersive, caustic, ground-breaking and often bizarre stories have changed the way people think about culture, crime, art, parties, fashion, protest, the internet and other subjects that don’t even have names yet. Browse the growing library and discover corners of the world you never knew existed. Welcome to VICE. Connect with VICE: Check out our full video catalog: Videos, daily editorial and more: More videos from the VICE network: Click here to get the best of VICE daily: Like VICE on Facebook: Follow VICE on Twitter: Follow us on Instagram: The VICE YouTube Network: VICE: MUNCHIES: VICE News: VICELAND: Broadly: Noisey: Motherboard: VICE Sports: i-D: Waypoint: