JAY STUART BERKMAN IS ONE OF THE SADDEST STORIES OF ALL TIME.
Handed the world from his father he managed to fail in all aspects of life from defaulting m
AN INSTRUCTIVE BERKMAN LEFF STORY When I was a clerk on the floor of the American Stock Exchange, Norman Leff, partner in the eponymous firm, Berkman-Leff, made a comment about Jerry Berkman having two sons. Norman asked me what I thought. My reply was not what Norman expected. I said: Jerry is a decent man. He has accomplished a great deal. But even with everything Jerry has accomplished- including being a financial success, I would rather have nothing than have two sons like Peter and Jay. Norman thought about what I had said and replied: I understand. An excerpt from Variety in 2002 proves my point. “A man was charged with fraud for penning a letter on Bank of New York stationery apparently to help the film (The Devil And Daniel Webster” get its completion bond. Jay Berkman’s name was on a missive to Worldwide Film Completion Co., promising an imminent $5.59 million wire transfer to be made by producer Jed Baron’s JAG Productions. Berkman claimed to be a BondNet veep, but was merely a marketing consultant, according to the complaint.” Jay Berkman, currently of JLC Group, pleaded guilty in federal court and received a sentence of one year house arrest. url, 23 October 2019, https://variety.com/2002/biz/columns/clearasil-crowd-makes-room-for-another-vice-1117875673/ Jay Berkman was also suspended by FINRA for his misdeeds: 2308190 JAY STUART BERKMAN
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