About this item
Although he was a suburban husband and father, living a far different life than the "Wolf of Wall Street," Michael Kimelman had a good run as the cofounder of a hedge fund. He had left a cushy yet suffocating job at a law firm to try his hand at the high-risk life of a proprietary trader - and he did pretty well for himself. But it all came crashing down in the wee hours of November 5, 2009, when the Feds came to his door - almost taking the door off its hinges. While his wife and children were sequestered to a bedroom, Kimelman was marched off in embarrassment in view of his neighbors and TV crews who had been alerted in advance. He was arrested as part of a huge insider trading case, and while he was offered a "sweetheart" no-jail probation plea, he refused, maintaining his innocence.
About the Author
Michael Kimelman is a graduate of Lafayette College and the University of Southern California Law School. Formerly an associate at Sullivan & Cromwell, he was the Founder & Managing Partner of Incremental Capital, a New York based hedge fund.
A serial entrepreneur, he is currently consulting and launching new ventures in the Consumer, Fintech and cannabis spaces, and has been a featured speaker on CNBC and Bloomberg.
He actively volunteers his time to several causes, including prison and education reform. He is quite popular among his male friends because in comparison, they're all in the running for, 'Husband of the Year.'
