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risk
by leon on July 14, 2009
One industry that seems to be expanding at the moment is rehab services for burnt out executives.
The BBC reports that the private island of Osea near the Essex coast in England is doing a roaring trade as a haven for executives shell-shocked by the worst economic crisis since the Great Depression.
According to the island's chief executive Brendan Quinn, most of the executives coming there are from investment banking and law. And most of them are women.
All of which suggests that this is just the tip of the iceberg. It will be interesting to see how many other rehab services start emerging out of this crisis.
Given the way these people were riding high during the boom, it's hard to shed a tear for them now.
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