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Where Scared Wall Streeters Can Go: Church?
October 24, 2008 9:41 AM
ABC News’ Alice Gomstyn reports: Traders and other financial types looking for relief from all the economic and market turmoil in recent weeks haven’t had to venture far from their Wall Street stomping grounds. Since last month, a New York City church blocks away from the New York Stock Exchange has recently started offering sessions geared to those suffering from the financial crisis.
Trinity Church, in cooperation with the Psychotherapy and Spirituality Institute, has offered sessions on coping with stress as well as “navigating career transitions,” which offers guidance to those who have lost their jobs or fear for their job security.
“The thing that I hear most frequently is this is scary,” said psychologist Mary Ragan, who leads the
stress counseling sessions. “There is a sense of helplessness. … These seminars are really focusing on helping people to understand where they do have control.”
Despite the church’s proximity to Wall Street, Ragan indicated that Wall Street suits are not necessarily the target audience.
“There certainly are some people who are financially sophisticated, but there are lots of other people who are coming to these seminars who are not,” she said. “We’ve had retirees on a fixed income. We’ve had people in the neighborhood.”
Among the more surprising visitors: foreign tourists.
“I would say in almost every seminar I’ve done, there’s been somebody from Europe or in one case India who was here on holiday who saw the sign and came,” Ragan said. “One woman actually was running a small business in Ireland and under pretty significant stress.”
For some foreigners, she said, “there may simply be a curiosity factor: ‘What are these Americans going through?’”
The sessions have drawn anywhere from just a handful of people to more than 20.
I recently checked out a daytime career counseling session led by Michael Bednarski of the Psychotherapy and Spirituality Institute. Just one other person came.
Bednarski told me afterward that the daytime session may have been less convenient to attend than the nighttime ones.
But, he said, he expects more people will come out soon.
“We’re not yet officially in a recession,” he said. Once a recession is official, he said, “I think you’re going to see these rooms fill up.”
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October 24, 2008 | Permalink | User Comments (11)
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"There is a sense of helplessness"
When you understand what has been done to you, you will be shocked. When that shock turns to anger, you will be empowered and ready to help yourself and your neighbor.
Posted by: raven | Oct 24, 2008 10:07:24 AM
McCain vs. Obama: Which Candidate Can You Afford? How Could the Next President Affect Your Financial Plan?
Voyant:
I am loving this tool. I created a better plan than my financial planner gave me. I fired him. I’m done with paper financial plans.
Posted by: Jim Ashby | Oct 24, 2008 10:46:32 AM
Soon we'll be singing
Broth can you spare a dime!
Posted by: BOB | Oct 24, 2008 2:15:22 PM
I am concerned as many taxpayers as we take on the the debt of defalted morgage what to do with this property as many in congress think we should allow them to be traded on the market as I know the taxpayer will recieve about 10% return so in other words the 1.5 trillion bail out we will recice a return of negitive 90% My plan asks only this 20% of our forclosed property be destroyed we will still own the land but the eyesores be removed the best homes be ofered to veterns at current value 30% morgage garintintees buy the fed. the remaining homes to be kept off te market an amount of mabe 50 % of empty home these homes would be maintained by a old goverment program that was called green thumb were seniors who are being aided by foodstamps can recover there pride how can we as a nation alloow these people the option of work many I know willl not ask for help . If offered work would have a huge respnse . i am nutral on the goverment we have i want the truth put froth
Posted by: kiee1 | Oct 25, 2008 3:19:30 AM
Ha ha ha ha ha. The "news" gets funnier and funnier.
Is there a Church of The Dollar for these Soulless bastards?
Posted by: SoullessGoys | Oct 25, 2008 6:21:56 PM
Is this Trinity Church related to Obamas Trinity Church?
Posted by: NoTrustObama | Oct 25, 2008 10:12:29 PM
Trinity Church at Wall Street is run by the Episcopal Church, but is open to people of all faiths.
Posted by: listener | Oct 26, 2008 11:30:45 AM
Redundant. Wall Street IS a church. The Church of the Profit. And the only thing that keeps it going is blind faith.
Posted by: Yukon Sam | Oct 27, 2008 10:40:06 AM
Maybe everone should open a new church up for attendees only, The is more needed every where. Keep the faith
Posted by: Gloria | Oct 29, 2008 9:28:25 PM
HILLARY CLINTON SAID:
SENATOR JOHN MCCAIN HAS A LFETIME OF EXPERIENCE THAT HE WILL
BRING TO WHITE HOUSE AND SENATOR OBAMA HAS A SPEECH HE GAVE IN 2002.
NO WAY. NO HOW. NOBAMA.
Posted by: HILLARY ENDORSMENT | Nov 2, 2008 2:05:25 PM
Everyone is waiting to see who is going to save the economy, Obama? McCaine? Guess what? only God can save this economy not for the wealthy but for the simple, humble and meek. Lets get down to earth before we are part of it. "From earth and to earth we shall return".
Posted by: sohmak1 | Nov 4, 2008 4:29:41 AM
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