44 Cents an Hour
One of the sadder episodes on Wall Street came to a close last week with the sentencing of Stanislav Shpigelman to 37 months in prison...a gloomy day indeed.
It wasn’t a very good trade...given that he made $12,000 off the caper...and gets to spend the next 3+ years raking sand traps.
Crime doesn’t pay…
The former Merrill analyst told a Manhattan courtroom Friday that ‘I realize my actions are inexcusable. I should have walked away from the situation, but I didn’t have the strength’. Shpigelman’s lawyer said that ‘he’s made a mistake he’ll pay for for the rest of his life’. His mother expressed concern about the jail time, saying that ‘I know my son. I am afraid the stress of prison may break him’. Here Is The City
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