Trader Quits After Getting A $3.6M Bonus

What is the world coming to when a $3.6 million bonus is not enough? Well, when it comes to Wall Street, sometimes you can’t be too greedy.

Sam Polk wasn’t happy with a $3.6 million bonus because it just wasn’t enough. He wrote in a 2014 New York Times op-ed that went viral, “I wanted more money for exactly the same reason an alcoholic needs another drink: I was addicted.”

That same op-ed transpired into a book of the same title, “For the Love of Money,” and it was just released this week.
“For the Love of Money,” is a memoir about Polk’s rise on Wall Street during the go-go years of the new millennium. He believed being rich was the most important thing in this world.

He became a rising star on Wall Street, moving from a summer intern at Credit Suisse to the top ladder of a major hedge fund.
Polk was no stranger to addictions which makes it easy to understand why he would become addicted to money. In his past he suffered from overeating/bulimia, and alcoholism and drug addiction.

Today, Polk is the CEO of Everytable, a social enterprise that sells fresh, ready-to-eat meals, affordable for all. He even founded the company and its a new success a bank account could never provide him.

“More than anything, the difference is that I feel like, for the first time in my life, I’m fulfilling my potential as a human being. I’m using all aspects of myself: my brain, my heart, my experience, my spirit, to do work that I think is really valuable and important,” Polk said in an interview with CNBC . “I’m finally becoming the man I always had the potential to be.”

“For the Love of Money” is not just a memoir but also explain why someone would walk away from the kind of money Polk was offered.

Sofia Vida

Sofia has been writing for major news outlets for over 15 years. In her spare time she enjoys hiking, walking her dogs, and going to concerts.

sophia-villa has 1905 posts and counting.See all posts by sophia-villa