A 21-year-old Bank Of America intern died earlier this week after reportedly working for 72 hours in a row. That’s three consecutive days if you aren’t so good at the math. Moritz Erhardt, a German foreign exchange student at the University of Michigan collapsed in his shower just seven days before his internship was up at BoA’s London offices. Ehrhardt apparently suffered from epilepsy, but it is not known at this time if it is associated with his death.
An anonymous poster on wallstreetoasis.com said that “He was found dead in the shower by his flatmate. Intern at BAML (Bank of America-Merill Lynch) who went home at 6am three days in a row.”
That’s some serious interning. Condolences to the friends and family of Moritz. It’s not like Moritz was your run-of-the-mill intern, though. BoA London interns make over $3,500 per month, but are regularly asked to work 14 hour days, upwards of 100 hours a week and often do what are called “Magic Roundabouts,” where you tell the cab driver to wait outside of your flat while you shower and change so they can take you right back to the office in the AM.
Ehrhardt’s internship resume was damn impressive, too. He’d already interned at Morgan Stanley’s Corporate Global Investment Banking and Deutsche Bank’s Corporate Finance Division. If you don’t have a case of resume envy after reading that, then I can’t do anything for you.
Sad to see a kid like this go. Hard work is always to be admired, but in cases like this, it’s just tragic. In an industry where 100-hour work weeks are the norm, it’s a miracle stories like this aren’t more prevalent.
[via The Independent]