

You worry about how your kids are treated at school. If you aren't banned, maybe you're trading your own money, but no one will talk to you.

So while you might be able to avoid the horrors of being locked up inside, you can't escape the guilt and shame of being a snitch. It seems like when someone decides to cooperate and become an informant, they are still serving a sentence: a life sentence. He told his friends it was to spend more time with his family, but everyone knew the truth. I never really trusted Jerry, but now it seemed like no one did. The word on the street was to avoid him at all costs. This guy, Jerry, had already been assumed guilty by his peers. I was no longer working in the business and it seemed punitive. It's not the first time I'd been warned about talking to a certain individual, but this caught me off guard. "And if you have to … Be very careful what you say." "Have you talked to Jerry lately?" my friend asked. It was a strange request, considering he always keeps his door open he always wants to hear what's happening on the trading floor. Once he eventually got off the phone, he told me to close the door. He flashed a smile as I entered and took a seat on the white leather couch. After I made my way past reception, I weaved in and out of the trading desks to his wide open, brilliantly lit corner office.

I've known him for years and we try and do a face-to-face a few times a year just to catch up. In 2010, I paid a visit to an old friend who runs his own trading shop. And it starts early, way before it hits the newspaper. Either you do the time away from loved ones or face the harsh reality of public shaming. And that's the choice a lot of guys are faced with who got caught up in this insider-trading ring. I can't stand the thought of being away from my daughter for more than a day. What would you do? Would it change your decision if you had a family? It's a tough call. Read More Joe Nacchio: Six myths about prison "So, if you were faced with cooperating or not seeing our daughter for 3 to 5 years - what would you do?" "Yeah, but you're not supposed to tell on your friends," she said. I feel like he's still serving his sentence. Her mom asked me how the lunch was - she knew where I was. When I got home, I called my daughter to check in. "I don't even like to walk down the street anymore." "I don't talk to anyone." He seemed to just be blurting things out unprompted.

"I have no idea who my friends are," he said after the waitress took our menus. If he'd pleaded guilty initially, he would have been away and home already. "It's not good, Turney," he said, looking across at me in the East Village restaurant. Recently I had lunch with a friend who cooperated with the authorities. The biggest fear for someone facing this decision is family. Read More Q&A with Mike Kimelman: 'They showed up at my house with German Shepherds'Īnd now, it's time to play "Let's Make a Deal." This is what's on the table: cooperate and become an informant or go away for a very long time. The good news is that your house wasn't raided while your wife and kids were still in bed (this happened to Mike Kimelman), but the bad news is they want to talk to you - and your life just changed forever.
