Morgan Stanley wealth manager avoids hit-and-run charges

This makes me sick to my stomach. It’s a mystery why so many people think this crowd is so valuable to society, because they are consistently a disgrace. Why is Wall Street so often above the law?

A Morgan Stanley wealth manager will not face felony charges for a hit-and-run because Colorado prosecutors don’t want him to lose his job.

Martin Joel Erzinger, who manages more than $1 billion in assets for Morgan Stanley in Denver, is being accused only of a misdemeanor for allegedly driving his Mercedes into a cyclist and then fleeing the scene, Colorado’s Vail Daily reports. The victim, Dr. Steven Milo, whom Erzinger allegedly hit in July, suffered spinal cord injuries, bleeding from his brain and, according to his lawyer Harold Haddon, “lifetime pain.”

But District Attorney Mark Hurlbert says it wouldn’t be wise to prosecute Erzinger — doing so might hurt his source of income.

Hopefully the injured cyclist takes full advantage of the “wealth manager” and his ability to continue making fistfuls of dollars, though maybe the Vail prosecutors don’t think he should have to pay for his actions either. The prosecutors are as pathetic as the banker.

An American in Paris, France. BA in History & Political Science from Ohio State. Provided consulting services to US software startups, launching new business overseas that have both IPO’d and sold to well-known global software companies. Currently launching a new cloud-based startup. Full bio here.

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