Re: Morgan Stanley financial adviser escapes felony charges

A bizarre update on this story:
----------------------------

http://dealbreaker.com/2010/12/morgan-stanley-guy-who-committed-hit-and-run-provides-pretty-legit-excuse-for-faux-pas/#disqus_thread

Morgan Stanley Guy Who Committed Hit And Run Provides Pretty Legit  
Excuse For Faux Past
By BESS LEVIN
Back in November, it was reported that last summer, Morgan Stanley  
financial adviser Martin Joel Erzinger, pictured, had driven 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.” Dr. Steven Milo  
suffered damage to his knees and scapula, spinal cord injuries,  
bleeding to the brain, in addition to ‘disabling’ headaches and the  
possibility of multiple surgeries. The part of the story that was  
somewhat more shocking was that rather than be slapped with serious to  
quite serious charges, a court decided that for his crime, MJE would  
be hit with two misdemeanour traffic violations and restitution to the  
victim. People were somewhat outraged, to say the least. But! That was  
prior to hearing all of Marty’s side of the story.

“New-car smell” might have contributed to a driver losing  
consciousness in a July hit-and-run accident, his lawyers claim.  
Martin Erzinger was driving a new 2010 Mercedes sedan when he rear- 
ended bicyclist Dr. Steven Milo, about 1:30 p.m. July 3.
Erzinger’s attorneys say their client suffers from sleep apnea and  
fell asleep at the wheel before driving off U.S. Highway 6 and onto  
the shoulder near Miller Ranch Road, hitting Milo, who sustained  
injuries, from behind. Erzinger had purchased the car about a month  
before the accident. Accident reconstructionist John Koziol found in  
his investigation the sedan was emitting new car fumes, court  
documents said. It might have been a contributing factor, documents  
said.

Now, who feels like they judged too soon?





On Nov 8, 2010, at 9:44 AM, Lance McLain wrote:

> I'm going to go throw up.  The corruption is so rampant it is  
> sickening.
>
> Also interesting too how the American MSM doesn't seem to pickup on  
> this
> kind of stuff but only overseas news outlets.
>
> regards,
> -Lance
>
> http://www.dailymail.co.uk/news/article-1327323/Morgan-Stanley-financial-adviser-escapes-felony-charges-hit-run-jeopardise-job.html#ixzz14hUgRaPa
>
> Morgan Stanley financial adviser escapes felony charges for hit-and- 
> run
> 'because it could jeopardise his job'
>
> By DAILY MAIL REPORTER
> Last updated at 10:21 PM on 6th November 2010
>
> Money IS a factor: Martin Joel Erzinger, a financial manager who has
> escaped felony charges for a hit-and-run
>
> A financial manager for wealthy clients will not face charges for a
> hit-and-run because it could jeopardise his job, it has been revealed.
>
> Martin Joel Erzinger, 52, was set to face felony charges for running  
> over
> a doctor who he hit from behind in his 2010 Mercedes Benz, and then
> speeding off.
>
> But now he will simply face two misdemeanour traffic charges from  
> the July
> 3 incident in Eagle, Colorado.
>
> His victim, Dr Steven Milo, 34, is meanwhile facing 'a lifetime of  
> pain'
> from his injuries.
> But prosecutors claim the decision is theirs to make.
>
> 'Justice in this case includes restitution and the ability to pay it,'
> said District Attorney Mark Hurlbert.
>
> He said Erzinger, a private wealth manager who manages more than  
> $1billion
> in assets at Morgan Stanley Smith Barney in Denver, is willing to take
> responsibility and pay restitution.
>
> 'Felony convictions have some pretty serious job implications for  
> someone
> in Mr. Erzinger's profession, and that entered into it,' he said.
>
> 'When you're talking about restitution, you don't want to take away  
> his
> ability to pay.'
> Dr Milo is a physician living in New York City with his wife and two
> children, where he is still recovering from his injuries, court  
> records
> show.
>
> He suffered spinal cord injuries, bleeding from his brain and damage  
> to
> his knee and scapula, according to court documents.
>
> Over the past six weeks he has suffered 'disabling' spinal headaches  
> and
> faces multiple surgeries for a herniated disc and plastic surgery to  
> fix
> the scars he suffered in the accident.
>
> 'He will have lifetime pain,' his lawyer Harold Haddon told the court.
>
> 'His ability to deal with the physical challenges of his profession -
> liver transplant surgery - has been seriously jeopardised.'
>
> Dr Milo told Hurlbert that the case 'has always been about  
> responsibility,
> not money'.
>
> 'Mr Erzinger struck me, fled and left me for dead on the highway,' he
> wrote. 'Neither his financial prominence nor my financial situation  
> should
> be factors in your prosecution of this case.'
>
> But the prosecutor insisted that the case is, in part, about the  
> money.
> 'The money has never been a priority for them. It is for us,' he said.
>
> Dr Milo was bicycling eastbound on Highway 6 near Eagle when Erzinger
> allegedly hit him with the black 2010 Mercedes Benz sedan he was  
> driving.
>
> Erzinger fled the scene and was arrested later, police say. He drove  
> until
> he reached a Pizza Hut parking lot, where he stopped and  called  
> Mercedes
> auto assistance to report the damage to his vehicle.
>
> Read more:
> http://www.dailymail.co.uk/news/article-1327323/Morgan-Stanley-financial-adviser-escapes-felony-charges-hit-run-jeopardise-job.html#ixzz14hpyiwcV
>
>
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