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November 9, 2010

Hedge Fund Manager Escapes Felony Charges Thanks to His Job
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A wealthy hedge fund manager in Colorado has avoided facing felony
charges for a hit-and-run accident because the local district attorney
felt the charge could impact his high-paying job. Martin Erzinger, a
fund manager at Smith Barney, allegedly ran over a cyclist with his
Mercedes and then fled the scene. The cyclist suffered spinal cord
injuries and bleeding from his brain. To the shock of cycling advocates,
the local prosecutor, Mark Hurlbert, decided to charge Erzinger only
with misdemeanors. Hurlbert said, “Felony convictions have some pretty
serious job implications for someone in Mr. Erzinger’s profession, and
that entered into it."



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