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.
The lion's share of Confessions of a Wall Street Insider was written while Kimelman was an inmate at Lewisburg Penitentiary. In nearly two years behind bars,...
