Busted...
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- Major Kong
- Posts: 15726
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Busted...
I only post using 100% recycled electrons.
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- Posts: 1477
- Joined: Sun Aug 25, 2013 2:50 pm
Well, he painted a pretty big target on his back
when he jumped the price of the parasite drug from $13.50 to $750 per pill. Karma is a bitch.
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Re: Busted...
Is it true? I don't know, maybe it is. If he's guilty great. Or, is it a witch hunt? All of these people on Wall Street walk away but they get this guy?nolanvt wrote:Good.
My women clients think I'm so sweet.
- UpstateSCHokie
- Posts: 11907
- Joined: Thu Aug 22, 2013 11:31 pm
Re: Busted...
CWHOKIECPA wrote:Is it true? I don't know, maybe it is. If he's guilty great. Or, is it a witch hunt? All of these people on Wall Street walk away but they get this guy?nolanvt wrote:Good.
That's kinda what I'm wondering. How many of these hedge fund guys could be charged with "securities fraud" if the DOJ wanted to charge them? Is it a rare crime that they always prosecute, or is it a common crime that the only prosecute when they don't like a guy?
For sure, the left believes this guy is making too much money and charging too much for his drugs. And I understand that it can seem cruel to develop a life-saving drug and then charge so much for it that many people cannot afford it. But if we punish people for trying to profit from drug development/research, then eventually people will saw "screw it" and stop doing drug development & research. What's the point in spending millions/billions of dollars in drug development unless there's a profit motive? There's a reason you don't see many drug break-troughs in countries like N. Korea or even China.
“Those who can make you believe absurdities can make you commit atrocities.” ― Voltaire (1694 – 1778)
- awesome guy
- Posts: 54187
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Re: Busted...
UpstateSCHokie wrote:CWHOKIECPA wrote:Is it true? I don't know, maybe it is. If he's guilty great. Or, is it a witch hunt? All of these people on Wall Street walk away but they get this guy?nolanvt wrote:Good.
That's kinda what I'm wondering. How many of these hedge fund guys could be charged with "securities fraud" if the DOJ wanted to charge them? Is it a rare crime that they always prosecute, or is it a common crime that the only prosecute when they don't like a guy?
For sure, the left believes this guy is making too much money and charging too much for his drugs. And I understand that it can seem cruel to develop a life-saving drug and then charge so much for it that many people cannot afford it. But if we punish people for trying to profit from drug development/research, then eventually people will saw "screw it" and stop doing drug development & research. What's the point in spending millions/billions of dollars in drug development unless there's a profit motive? There's a reason you don't see many drug break-troughs in countries like N. Korea or even China.
Yep,sounds like a modern day Michael Milken story.
Unvaccinated,. mask free, and still alive.
Re: Busted...
Yep. I hope we're not perp-walking folks based on the success of twitter/facebook/reddit campaigns....CWHOKIECPA wrote:Is it true? I don't know, maybe it is. If he's guilty great. Or, is it a witch hunt? All of these people on Wall Street walk away but they get this guy?nolanvt wrote:Good.
Re: Busted...
Wall St. crooks shouldn't walk. If this guy committed the alleged crime, throw the book at him.CWHOKIECPA wrote:Is it true? I don't know, maybe it is. If he's guilty great. Or, is it a witch hunt? All of these people on Wall Street walk away but they get this guy?nolanvt wrote:Good.
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Fully vaccinated, still not dead
Re: Busted...
He should have given generously to BarackObamaFoundation.org and the Clinton Foundation.
This inquisition could have been avoided if he just gave (paid) when solicited.
This inquisition could have been avoided if he just gave (paid) when solicited.
- awesome guy
- Posts: 54187
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Re: Busted...
the crime of hiring a consultant?nolanvt wrote:Wall St. crooks shouldn't walk. If this guy committed the alleged crime, throw the book at him.CWHOKIECPA wrote:Is it true? I don't know, maybe it is. If he's guilty great. Or, is it a witch hunt? All of these people on Wall Street walk away but they get this guy?nolanvt wrote:Good.
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Unvaccinated,. mask free, and still alive.
Re: Busted...
I'm pretty sure he wasn't charged for hiring a consultant.awesome guy wrote:the crime of hiring a consultant?nolanvt wrote:Wall St. crooks shouldn't walk. If this guy committed the alleged crime, throw the book at him.CWHOKIECPA wrote:Is it true? I don't know, maybe it is. If he's guilty great. Or, is it a witch hunt? All of these people on Wall Street walk away but they get this guy?nolanvt wrote:Good.
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Fully vaccinated, still not dead
- awesome guy
- Posts: 54187
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Re: Busted...
try reading the article first before responding.nolanvt wrote:I'm pretty sure he wasn't charged for hiring a consultant.awesome guy wrote:the crime of hiring a consultant?nolanvt wrote:Wall St. crooks shouldn't walk. If this guy committed the alleged crime, throw the book at him.CWHOKIECPA wrote:Is it true? I don't know, maybe it is. If he's guilty great. Or, is it a witch hunt? All of these people on Wall Street walk away but they get this guy?nolanvt wrote:Good.
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Unvaccinated,. mask free, and still alive.
- Bay_area_Hokie
- Posts: 6026
- Joined: Fri Aug 23, 2013 3:53 am
- Alma Mater: VT
- Party: Surprise Party
Re: Busted...
I know people who know this guy, Shkreli. The description I've heard is "sketchy".
Note, taking money from one company to pay your hedge fund losses is a pretty big no-no. He'll serve time.
Note, taking money from one company to pay your hedge fund losses is a pretty big no-no. He'll serve time.
“With God there are only individuals” - Philosopher Nicolas Gomez Davila
Re: Busted...
I agree, but that's not what he was doing. He was purchasing a drug that was off patent and selling for dollars and significantly raising the price. He was using the system, which created a monopoly to eff people.UpstateSCHokie wrote:
For sure, the left believes this guy is making too much money and charging too much for his drugs. And I understand that it can seem cruel to develop a life-saving drug and then charge so much for it that many people cannot afford it. But if we punish people for trying to profit from drug development/research, then eventually people will saw "screw it" and stop doing drug development & research. What's the point in spending millions/billions of dollars in drug development unless there's a profit motive? There's a reason you don't see many drug break-troughs in countries like N. Korea or even China.
People who know, know.
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Re: Busted...
UpstateSCHokie wrote:CWHOKIECPA wrote:Is it true? I don't know, maybe it is. If he's guilty great. Or, is it a witch hunt? All of these people on Wall Street walk away but they get this guy?nolanvt wrote:Good.
That's kinda what I'm wondering. How many of these hedge fund guys could be charged with "securities fraud" if the DOJ wanted to charge them? Is it a rare crime that they always prosecute, or is it a common crime that the only prosecute when they don't like a guy?
For sure, the left believes this guy is making too much money and charging too much for his drugs. And I understand that it can seem cruel to develop a life-saving drug and then charge so much for it that many people cannot afford it. But if we punish people for trying to profit from drug development/research, then eventually people will saw "screw it" and stop doing drug development & research. What's the point in spending millions/billions of dollars in drug development unless there's a profit motive? There's a reason you don't see many drug break-troughs in countries like N. Korea or even China.
He's not being prosecuted for buying drug patents and selling them for a lot of money. He's being prosecuted for lying to his investors, and improperly using Retrophin's funds to pay off the investors he defrauded. The people that area investigating him, and charging him, aren't the "left". Not sure where you're getting that craziness from.
Re: Busted...
We've been assured from AG that he was charged for hiring a consultant, so we can rest easy now.Bay_area_Hokie wrote:I know people who know this guy, Shkreli. The description I've heard is "sketchy".
Note, taking money from one company to pay your hedge fund losses is a pretty big no-no. He'll serve time.
Fully vaccinated, still not dead
- awesome guy
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Re: Busted...
Read and comprehend the article before replying. They're saying that hiring the consultant was a scam to pay off the hedge losses. They're going to need a lot of evidence to prove that, if it's true.nolanvt wrote:We've been assured from AG that he was charged for hiring a consultant, so we can rest easy now.Bay_area_Hokie wrote:I know people who know this guy, Shkreli. The description I've heard is "sketchy".
Note, taking money from one company to pay your hedge fund losses is a pretty big no-no. He'll serve time.
Unvaccinated,. mask free, and still alive.
- HooFighter
- Posts: 4290
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Re: Busted...
Donald Trump is a stupid man's idea of a smart man, a poor man's idea of a rich man, and a weak man's idea of a strong man.
- Major Kong
- Posts: 15726
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Re: Busted...
Supawesome guy wrote:Read and comprehend the article before replying. They're saying that hiring the consultant was a scam to pay off the hedge losses. They're going to need a lot of evidence to prove that, if it's true.nolanvt wrote:We've been assured from AG that he was charged for hiring a consultant, so we can rest easy now.Bay_area_Hokie wrote:I know people who know this guy, Shkreli. The description I've heard is "sketchy".
Note, taking money from one company to pay your hedge fund losses is a pretty big no-no. He'll serve time.
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Fully vaccinated, still not dead
- awesome guy
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- HooFighter
- Posts: 4290
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Re: Busted...
It's called "search". Works pretty well.awesome guy wrote:I think Hoof has an enemy threads list.
BTW, when is my payment due? I feel kinda bad for living rent-free in your head.
Donald Trump is a stupid man's idea of a smart man, a poor man's idea of a rich man, and a weak man's idea of a strong man.
Re: Busted...
Going to advise my employer not to hire consultants.HooFighter wrote:It's called "search". Works pretty well.awesome guy wrote:I think Hoof has an enemy threads list.
BTW, when is my payment due? I feel kinda bad for living rent-free in your head.
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Fully vaccinated, still not dead
- awesome guy
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- Joined: Wed Aug 21, 2013 7:10 pm
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Re: Busted...
HooFighter wrote:It's called "search". Works pretty well.awesome guy wrote:I think Hoof has an enemy threads list.
BTW, when is my payment due? I feel kinda bad for living rent-free in your head.
You're not living in my head, unfortunately your posts show up in the "unread" post feed and then I'm disappointed in the pettiness or stupidity of it.
Unvaccinated,. mask free, and still alive.
- HooFighter
- Posts: 4290
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Re: Busted...
Especially the ones about my vacation.awesome guy wrote:HooFighter wrote:It's called "search". Works pretty well.awesome guy wrote:I think Hoof has an enemy threads list.
BTW, when is my payment due? I feel kinda bad for living rent-free in your head.
You're not living in my head, unfortunately your posts show up in the "unread" post feed and then I'm disappointed in the pettiness or stupidity of it.
Donald Trump is a stupid man's idea of a smart man, a poor man's idea of a rich man, and a weak man's idea of a strong man.