A Bank of America intern, Moritz Erhardt, was found dead this week, collapsed in his student apartment, after reportedly working three straight days in the company’s London investment-banking unit.
Erhardt’s death has been ruled unsuspicious by London police, and reports claim that he suffers from epilepsy. Still, the Internet was abuzz with frightening speculation that the summer intern, described as “popular” and “highly diligent” by his employer, had worked himself to death.
The news of Erhardt’s death comes at a time when the world is focused on the plight of the overworked, abused, and underpaid (or unpaid!) intern. So much attention has followed this free workforce that The Daily Beast has dubbed 2013 “the year of the intern.”
Reports on social media that the bright German exchange student at the University of Michigan worked grueling hours before his death have not been confirmed. Several interns corroborate the claim that banking interns are expected to work these types of never-ending shifts.
“We all work long hours but the guys working regularly until 3 or 4am are those in investment banking,” one intern told The Independent.
“He apparently pulled eight all-nighters in two weeks. They get you working crazy hours and maybe it was just too much for him in the end,” said another.