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Does Wall Street Have A Problem With Felony Charges?

Over the summer, Morgan Stanely financial adviser Martin Joel Erzinger, pictured, drove over a doctor who was on his bike and then kept going, “until he reached a Pizza Hut parking lot, where he stopped and called Mercedes auto assistance to report the damage to his vehicle.”

Meanwhile, Dr. Steven Milo suffered damage to his knees and scapula, spinal cord injuries, bleeding to the brain, and in just the last six weeks, ‘disabling’ headaches and the possibility of multiple surgeries. One would have likely assumed the charges for Marty would be quite to very serious but a court has decided they’ll only amount to two misdemeanour traffic charges and restitution to the victim. Apparently the rationale behind the decision was that a judge felt strongly that MJE should have to pay the doctor, which, sure, makes sense but that in order to do so, Erzinger would need to remain employed on Wall Street. And therein lies the rub.

According to District Attorney Mark Hurlbert, “Felony convictions have some pretty serious job implications for someone in Mr. Erzinger’s profession.” It’s not something we’ve stopped to consider before, but now that the situation has presented itself and at least one or two of you probably have ‘be on the offensive end of a hit and run’ on top of the To Do list, maybe we should. Is Wall Street as judgmental as Hurlbert claims? Or is he in fact being a little dramatic here? Would most firms in fact be cool with a felony charge? Would some see it as a reason to hire you in the first place? Let’s break it down.

Morgan Stanley financial adviser escapes felony charges for hit-and-run ‘because it could jeopardise his job’ [Daily Mail]

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59 Responses to “Does Wall Street Have A Problem With Felony Charges?”

  1. Seaman Bodine says:

    Wall Street? Uh, retail brokerage. Fuhshizzle.

  2. The Real Caesars Palace says:

    Don’t get too excited. He’s just a Dentist. And if someone has a heart attack, you should still call 911.

  3. IWishIWasAWallStreetGuy says:

    “Felony convictions have some pretty serious job implications for someone in Mr. Erzinger’s profession.”

    Perhaps public caning is the answer. Set up an elevated outdoor platform (maybe in Union Square) and commence to wailing on his criminal, narcissistic ass.

  4. Guest says:

    Seaman Bodine– consistently offering absolutely stunning insight. What would we do without you?

  5. Anon says:

    we would have no problem with this.

    -SAC

  6. Seaman Bodine says:

    You want to win? Put Booby in.

  7. Anonymous says:

    Not public caning. The stocks. Put him on a platform in the middle of Union Square facing the crowd, with hands and face immobilized. Charge admission. Sell buckets of s**t, rotten food, garbage, etc. with which the spectators can pelt the guy. Proceeds go to charity.

    http://etc.usf.edu/clipart/12300/12397/stocks_12397_lg.gif

  8. Warren Buffet says:

    The real crime here is that Pizza Hut exclusively sells Pepsi products. Apparently, money doesn’t buy class.

    -Warren “Dick Towel” Buffet

  9. Rho2Gamma says:

    What is with all the moving speed bumps in school zones?
    -MJE

  10. Guest says:

    I think I saw this guy’s picture on the Retarded or Not website.

  11. Homosaurus says:

    he should be sodomized with a 53 tooth chainring…

  12. Not that Guest, the other one says:

    If he were a Guerrerio Wealth guy, he would have pulled over right away and beat the crap out of the doc for messing up his Benz.

  13. IWishIWasAWallStreetGuy says:

    Hmmm. I like the raffle idea – “Live Caning from Union Square”. Drag out a couple of scumbags like this guy, read off the lengthy list of the reasons he deserves horrible torture, and raffle off opportunities for the victims, former employees, etc to rip his ass open with a cane.

    I’ve probably spent too much time thinking about this…..

  14. Guest says:

    Good practice to save MJE’s felonious a$$. And I think they should apply this line of action to any lawyer or politician who plows over a human being and runs from the scene. Well done to the sense of justice.

  15. Dfh says:

    Nearly killing it is the new killing it.

  16. Dfh says:

    Nearly killing it is the new killing it.

  17. Guesty Guest says:

    I hear the Doctor’s (er…Dentist) son is at Columbia B-School looking to rare earth minerals.

    Anyone confirm?

  18. Guesty Guest says:

    I hear the Doctor’s (er…Dentist) son is at Columbia B-School looking to rare earth minerals.

    Anyone confirm?

  19. Guesty Guest says:

    I hear the Doctor’s (er…Dentist) son is at Columbia B-School looking to rare earth minerals.

    Anyone confirm?

  20. Son says:

    nickel-titanium alloys are about to skyrocket. braces and retainer demand is booming.

  21. Guest says:

    Working sales at strip mall franchise must be the end all of wall street careers.

  22. Guest says:

    I’d bet it was the dentist’s fault. Bikers don’t follow any traffic laws but always get the nod in court.

  23. Guest says:

    Dentists perform liver transplants now?

  24. Guest says:

    dentist on a bike? i thought all dentists drove E-class benzos.

  25. trojan says:

    We should talk.
    -M. Fey

  26. Pink Lada says:

    Finally, we have a judge who can see the big picture.

  27. Above the law says:

    Is killing bikers the new killing it?

    What, too soon?

  28. Guestguy says:

    Did you miss the post at 11:12 where it was pointed out that this “dentist” does liver transplants?

  29. Guest says:

    Look, if mack could fix insider trading charges, not only overruling the SEC but firing the attorney investigating the claim, how hard do you think it is to get some backwater prosecutor to look the other way for some rich banker. Pulllleeeeeaaazzzzz!!!!

  30. Dan Stewart says:

    Apparently, Bess Levin does follow financial matters much. A felony conviction is a statutory disqualification from registration under both securities and commodities laws.

  31. Guest says:

    I have a problem with a felony!

    -FINRA

  32. Anonymous says:

    Pretty sure the issue here isn’t so much that the slimeball hit a bicyclist, but that he didn’t stop to render assistance but instead kept on driving until he could find a place to pull over and complain about the damage to his cheeseball car.

  33. Anonymous says:

    A bazillion would-be criminals are sending in their applications to Charles Schwab, to cover all bases and preempt future legal issues.

  34. Anonymous says:

    A bazillion would-be criminals are sending in their applications to Charles Schwab, to cover all bases and preempt future legal issues.

  35. Anonymous says:

    A bazillion would-be criminals are sending in their applications to Charles Schwab, to cover all bases and preempt future legal issues.

  36. Ex running dog says:

    In Soviet Russia, crap beat the hell out of you, the dentist and the broker

    – not the Soviet Russia guy, but a fan of his work

  37. Tom Wolfe says:

    Cool story, bro.

  38. ExPat ExLawyer says:

    It’s not the judge that is doing this, it is the DA. Hurlbert is the Kobe Bryant DA, who botched the case. The victim is a liver transplant surgeon. This guy is politically connected and that’s all that matters to Hurl. Anyone else would have to plead to a felony.

    Yet this prosecutor goes ballistic on stupid cases, for example he dragged a ski shop employee back from Australia to take him through a jury trial for throwing a snowball. He also charged felonies against two veteran, female mountain bike racers for swapping race entry bibs.

  39. PatC says:

    Why does it matter whether it’s a doctor that got run over or a dishwasher, or whatever, riding his or her bike in a safe and legal manner?

  40. FerryM says:

    He must be a sound sleeper if he can sleep through the impact of hitting someone. That always wakes ME up right away.

  41. Reality127 says:

    So, the driver slept through his accident and was unaware of it until later. I guess the DA believed that steaming load. We really are a race of vermin.

  42. Reality127 says:

    So, the driver slept through his accident and was unaware of it until later. I guess the DA believed that steaming load. We really are a race of vermin.

  43. Reality127 says:

    So, the driver slept through his accident and was unaware of it until later. I guess the DA believed that steaming load. We really are a race of vermin.

  44. media says:

    For updates, and to see photos of the crash, check out http://spokesofjustice.blogspot.com/