1. overworked

    BofA Intern Dies in London

    FILE- This Tuesday, July 3, 2012, file photo shows a view of Bank of America headquarters in London's Canary Wharf financial district. Bank of America swung to a profit from April through June and beat Wall Street expectations. It set aside the least money to cover bad loans since 2007, well before the financial crisis. The bank said Wednesday, July 18, 2012, that it made $2.1 billion in the second quarter, or 19 cents per share. Analysts polled by FactSet, a provider of financial data, had expected 16 cents. (AP Photo/Lefteris Pitarakis, File)

    Lefteris Pitarakis/AP

    A 21-year-old German student interning for Bank of America’s London office was found dead Tuesday morning after reportedly working for 72 hours straight. Moritz Erhardt apparently suffered from epilepsy and collapsed in the shower of his student housing, after, according to posts from colleagues on an Internet forum, working until 6 a.m. three days in a row. An anonymous banker attested to The Independent that “interns can regularly clock up to 100 or even 110 hours a week,” and another spoke of the “magic circle,” in which interns go home at 7 a.m. to shower and change before returning to the office. The head of communications for Bank of America and Merrill Lynch said the company is “deeply shocked and saddened by the news” and cautioned against speculation.

    Read it at The Independent