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Morgan Stanley Financial Advisor Won't Face Felony Charges in Near Fatal Hit and Run

post #1 of 15
Thread Starter 

According to the Vail Daily, "A financial manager for wealthy clients will not face felony charges for a hit-and-run because it could jeopardize his job."

The financial manager is Martin Joel Erzinger, 52. In his position at Morgan Stanley he oversees over $1 billion in assets for his clients. He'd be forced by law to disclose a felony, which would of course not be good for business. But what about the business of justice?

http://www.vaildaily.com/article/20101104/NEWS/101109939/1078&ParentProfile=1062

 

http://abcnews.go.com/Business/martin-erzinger-hit-run/story?id=12088074

 

http://www.huffingtonpost.com/2010/11/08/martin-joel-erzinger-wont_n_780305.html

 

A petition is available at this link: http://environment.change.org/blog/view/hitting_a_cyclist_might_not_matter_much_if_you_drive_a_mercedes


Edited by WILDCAT - 11/8/10 at 4:32pm
post #2 of 15

^ I was just about to post this.

 

 

Poor baby could lose his job.    Awwww.

post #3 of 15

Trying to come up with a joke about managing his assets in prison.

post #4 of 15

Oh, by the way, he did that doctor a favor... that guy's bike was a piece of excrement.

post #5 of 15
Thread Starter 
Quote:
Originally Posted by epic View Post

Oh, by the way, he did that doctor a favor... that guy's bike was a piece of excrement.



(you signed the petition :-) )

post #6 of 15


The "business of justice" will likely come from a civil suit.  With a billion of assets under management, he can afford to pay out a couple of million in damages just out of his yearly gross.
 

Quote:
Originally Posted by WILDCAT View Post

According to the Vail Daily, "A financial manager for wealthy clients will not face felony charges for a hit-and-run because it could jeopardize his job."

The financial manager is Martin Joel Erzinger, 52. In his position at Morgan Stanley he oversees over $1 billion in assets for his clients. He'd be forced by law to disclose a felony, which would of course not be good for business. But what about the business of justice?

http://www.vaildaily.com/article/20101104/NEWS/101109939/1078&ParentProfile=1062

 

http://abcnews.go.com/Business/martin-erzinger-hit-run/story?id=12088074

 

http://www.huffingtonpost.com/2010/11/08/martin-joel-erzinger-wont_n_780305.html

 

A petition is available at this link: http://environment.change.org/blog/view/hitting_a_cyclist_might_not_matter_much_if_you_drive_a_mercedes

post #7 of 15
Quote:
Originally Posted by quant2325 View Post


The "business of justice" will likely come from a civil suit.  With a billion of assets under management, he can afford to pay out a couple of million in damages just out of his yearly gross.
 


 


Yeah, I think this is the point. But I was googling a little, and there is a Dr Steven Milo in NYC who is married to Jennifer Marsico (daughter of Tom Marsico/Marsico Funds), and I can tell you without a doubt that the Marsicos have way more money than the Erzingers do (ie,Forbes list money). Now, I don't know if this is the same doctor or not, there are a lot of people in NYC with the same name. But there is that CO connection, no surprise that they would be in Vail on 4 July weekend, you know? And his lawyer is Hal Haddon, who defended Kobe Bryant and John Ramsay aka JonBenet's dad. (Not sure why he would hire a defense lawyer? Again, no matter, except to note that he's a very high profile attorney in CO).

 

Anyway, IF it's the case that the doctor is Marsico's son-in-law, the money/restitution issue that Hurlbert brings up really isn't a big deal. It's probably more Hurlbert wanting to get back at Haddon, who made him look like a fool in the Kobe Bryant trial.

 

Any Vail locals have scoop?

post #8 of 15
post #9 of 15
post #10 of 15

Wow.  The DA is probably a guy who believes bikes should stay "in garages, where they belong".  Last time I checked, attempted vehicular manslaughter is a felony, not a misdemeanor.  If I am firing a rifle carelessly in a neighborhood and severely injure someone, then I would be going to jail, wouldn't I?  That is, unless I was some sort of campaign contributor or shadow contribution bundler. I wonder how much the defendant is raising for the DA's re-election campaign?  

post #11 of 15
Quote:
Originally Posted by dawgcatching View Post

 If I am firing a rifle carelessly in a neighborhood and severely injure someone, then I would be going to jail, wouldn't I?

Not if they happen to be riding a bike. Then you will be congratulated for hitting a moving target.
 

post #12 of 15
Quote:
Originally Posted by epic View Post



Quote:
Originally Posted by dawgcatching View Post

 If I am firing a rifle carelessly in a neighborhood and severely injure someone, then I would be going to jail, wouldn't I?

Not if they happen to be riding a bike and you make a lot of money working for politically well connected firm. Then you will be congratulated for hitting a moving target.
 


fify

post #13 of 15
Thread Starter 

Tragedy in Italy, eight are now dead: A group of cyclists was swept away by a car, a Mercedes, on state highway 18 in cities Sant' Eufemia, near Lamezia Terme in Calabria. Eight people died and two were injured, including the driver, a Moroccan. The driver was passing a car when he collided with the group of mostly middle aged cyclist traveling in the oncoming lane. The driver was driving under the influence of marijuana. He also had a suspended license for a prior unsafe passing infraction!

 

http://www.leggonline.it/articolo.php?id=94558 

post #14 of 15
The loss of life and Injuries caused by such irresponsible drivers is tragic and criminal.
Regardless of whether the Morgan Standly assets mgr is charged as a felon or not, anyone excersizing that type of judgement and behaviour would never manage my money again. So really who would want him to considering his decision making In this case? As for Morgan Stanly for retaining him? Not a company I'd do business with any longer. So his value & job is questionable.

As a political office, it is sad and telling when a DA is too afraid to up hold the spirit and intention of our laws when he runs up against a bit of power and money.
post #15 of 15
Thread Starter 

Below is a picture of the same group that was killed today.

My wife grew up less than 20 miles from the site, in Amantea, and her parents still live along that very highway. I've traveled that stretch many times. Lamezia Terme is the location of a substantial international airport that serves the area.

 

 

ItalianCyclist.jpg
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