The headline in my email from BoingBoing doesn’t mention the involvement of a cyclist, but somehow I knew the story would… ..sure enough…
Colorado DA drops felony hit-and-run charges against billion-dollar financier because of “serious job implications”
Cory Doctorow at 3:20 AM Monday, Nov 8, 2010
Colorado District Attorney Mark Hurlbert has dropped felony charges against Martin Joel Erzinger, a Morgan Stanley Smith Barney wealth manager who controls $1 billion in investments, because financial rules would require Erzinger to notify his clients that he was charged with a felony, and this would have “serious job implications” for the financier. Erzinger is facing charges for allegedly rear-ending cyclist Dr. Steven Milo, and then leaving the scene of the crime. Milo, a liver transplant surgeon, has spinal and brain injuries, disfiguring scars, and will likely be in pain for the rest of his life.
A money manager (a gambler with other peoples money), runs down a surgeon, possibly ending his career – a career that helps save peoples lives – and District Attorney Mark Hurlbert sees dropping the felony charges as in the public good.
The DA’s reasoning is that if the Morgan Stanely financial adviser had a felony conviction on his record, he’d lose his ability to pay medical restitution to the plaintiff, Steven Milo – who’s medical bills are going to be out of this world by the looks of it. On the other side of the court, the plaintiff and his lawyer are outraged, the felony conviction will go a long way in determining kind of settlement they will receive in civil court…
And what kind of message does this send to tourists who might be thinking of going to Vail Colorado for an outdoor fitness holiday?
Man this is a messed up world right now.
Read the rest at BoingBoing and the link there to the original story at Vail Daily…
And this snide take from Wall Street New York, where the Dealbreaker’s Bess Levin asks rhetorically, if a felony charge would really be all that bad for a Wall Street financial adviser… ..who isn’t already in jail after the 2008 financial collapse. (my addition) :]
Posted: November 8th, 2010
Author: michael holloway
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