Shorting Mumps on Goldman’s Trading Floor
Mumps is best prevented with either MMR-II or Proquad vaccines
The leading investment bank around the world may be battling a different type of volatility on a trading floor.
According to reporting by Business Insider, Goldman Sachs employees on one of its many trading floors showed signs of the mumps disease.
Goldman spokeswoman declined to comment when asked by Business Insider.
A major factor contributing to mumps outbreaks is being in a crowded environment, such as attending the same class, playing on the same sports team, or living in a dormitory with a person who has mumps.
And Goldman has taken immediate, appropriate precautions.
Goldman informed its staff this past week to get the MMR shot or visit the firm's health center if they didn't receive the mumps vaccine during childhood, according to a person who asked to remain anonymous discussing internal conditions.
Two doses of the mumps vaccine is 88 percent effective, while 1 dose is just 78 percent effective, says the Centers for Disease Control and Prevention (CDC).
The MMR-II and ProQuad vaccines both contain protection for mumps, as well as protection against measles and rubella.
Goldman's health center was administering the mumps vaccine for free to staff.
Nationwide, from January 1 to March 30, 2018, 39 US states and the District of Columbia have reported 633 mumps infections to the CDC.
Recent mumps outbreaks have been reported in:
Mumps is a viral illness caused by a paramyxovirus, a member of the Rubulavirus family.
Mumps symptoms typically start with a few days of fever, headache, muscle aches, tiredness, and loss of appetite, followed by swollen salivary glands, which results in puffy cheeks and a swollen jaw.
Symptoms typically appear 16 to 18 days after infection but can range from 12 to 25 days after infection. Some people with mumps may not have any symptoms, according to the CDC.
Since the pre-vaccine era in 1967, there has been a more than 99 percent decrease in mumps cases in the United States.
Most pediatricians and pharmacies offer mumps vaccines.
Vaccines, like any medicine, can have side effects, says the CDC. You are encouraged to report negative side effects of vaccines to the FDA or CDC.