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Martin Shkreli indictment [pdf]

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Re: Martin Shkreli indictment [pdf]

#91

What I'm curious is how this affects the Wu Tang Clan's album he bought? http://www.nytimes.com/2015/12/10/business/media/martin-shkr...

I hope for Wu-Tang's sake that they cashed the check already.

They cashed it, and once they found out how much of a dickbag he is, gave most of it to charity.

Re: Martin Shkreli indictment [pdf]

#92

What I'm curious is how this affects the Wu Tang Clan's album he bought? http://www.nytimes.com/2015/12/10/business/media/martin-shkr...

Someone filed a FOIA with the FBI to try to get them to release it: https://twitter.com/wisemana/status/677510714236510209 Seems like it's unlikely that you can just FOIA arbitrary data from a CD or hard drive that's been seized during an investigation though.

Hahahha that is fucking brilliant.

I love people who actually do this sort of thing, in the same way I love the people that send John Oliver actual 50 pound bags of seed.

Re: Martin Shkreli indictment [pdf]

#93

Earlier quoted context omitted.

Price gouging may be perfectly legal in the drug price context, but it gives cause to re-examine a whole range of implicit assumptions re: how capitalism is allowed (encouraged?) to operate vs how well it delivers benefits to society.

Agree with your point, though patent protection for drugs is a government provided benefit and has little to do with capitalism. The government (us) provides this benefit and we (the people) usually don't get enough in return.

Most of the drugs he was gouging for were already out of patent, but they were low volume and it takes a while to bring a generic to market. During this time, he makes a lot of money.

This is more of a market failure.

Re: Martin Shkreli indictment [pdf]

#94
post #63

Earlier quoted context omitted.

I hope for Wu-Tang's sake that they cashed the check already.

I hope they get the album back and re-sell it to an honest buyer, instead of keeping stolen money.

Will be slightly scratched. He used it as a beer coaster. https://www.youtube.com/watch?v=upxrrHQ6sXY

Re: Martin Shkreli indictment [pdf]

#95
post #49

Earlier quoted context omitted.

So, if not a troll / performance artist, what is he then? Just a very stupid person with a bloated ego? How does someone so stupid make it to CEO of a pharmaceutical company at 32?

It seems that his intelligence was undermined by the size of his ego... and he's certainly not the first successful person to fall in that trap

He should stick to building self driving cars to spite musk.

Re: Martin Shkreli indictment [pdf]

#96
post #43

My first reaction to his arrest was joy and then I saw comments about him getting "beat up in jail" to put it lightly. People who say those kinds of things are no better than him. Possibly worse. The solution to dealing with people like him is to be able to separate them from society or fix the system so it can no longer be exploited so "easily". He may have hurt a lot of people but it's been through proxy as far as…

>Like Morgan on the Walking Dead. I do believe Martin is a good guy on the wrong path. Not sure how you can defend that with this floating around. I’m definitely the real fucking deal. This is not a fucking act. I threatened that fucking guy and his fucking kids because he fucking took $3 million from me and he ended up paying me back. He called my bluff. He said, “You’re not fucking going to go after me.” [I said] “…

Nonetheless, being beat up in jail prior to being convicted of a crime (or after) isn't exactly part of what is supposed to be a fair judicial system.

We ought not to punish people for merely being accused of or indicted for a crime. Today it's this asshole, tomorrow it could be you.

Re: Martin Shkreli indictment [pdf]

#97
post #43

My first reaction to his arrest was joy and then I saw comments about him getting "beat up in jail" to put it lightly. People who say those kinds of things are no better than him. Possibly worse. The solution to dealing with people like him is to be able to separate them from society or fix the system so it can no longer be exploited so "easily". He may have hurt a lot of people but it's been through proxy as far as…

there are people that are good, but either mislead or on the wrong path of some sort. in this case, the person lacks certain part of human-ness called empathy, which you call out; that's a clinical condition called sociopathy. you may notice the irony of invoking empathy on someone who doesn't have it and likely doesn't understand it, having never felt it. high functioning sociopaths can be a very serious danger to any society they're in and you have a great example here.

Re: Martin Shkreli indictment [pdf]

#98

> On or about December 2, 2010, Investor 1 [...] asked SHKRELI in an email about, inter alia, the fund's assets under management and the names of its independent auditor and fund administrator. SHKRELI told Investor 1 that MSMB Capital had $35 million in assets under management and that the fund's independent auditor and administrator were Rothstein, Kass & Company, P.C. and NAV Consulting Inc., respectively. At the…

He's had a troubled past and was booted from a prior company.

He should legitimately claim affluenza and see how that works for his defense. At least there is legal precedent.

Re: Martin Shkreli indictment [pdf]

#99
post #43

My first reaction to his arrest was joy and then I saw comments about him getting "beat up in jail" to put it lightly. People who say those kinds of things are no better than him. Possibly worse. The solution to dealing with people like him is to be able to separate them from society or fix the system so it can no longer be exploited so "easily". He may have hurt a lot of people but it's been through proxy as far as…

>>The Wolf of Wall Street was a glorification of this type of behavior and a lot of people saw Jordan in that movie as a "Hero" Interesting analogy, and I'm glad you pointed this out. I was disgusted by Wolf of Wall Street, and even more disgusted by how exalted Belfort became after. So many friends and acquaintances admired and aspired towards what they saw in the film - that was the worst part of it for me. I just…

Anyone who got that message from the film is completely oblivious to its point. A similar movie with a more extreme premise would be American Psycho. No one aspired to kill prostitutes after seeing that film, I have no idea why Wolf of Wall Street is different.

Re: Martin Shkreli indictment [pdf]

#100
post #40

Earlier quoted context omitted.

I saw a story that his lawyer did exactly that: http://www.newyorker.com/humor/borowitz-report/lawyer-for-ma... I really want it to be true...

sadly, borowitz is the new yorker's satire columnist.

And he's just unfunny enough to make you think it's true.
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