51–60 of 446 posts
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Shkreli has repeatedly flaunted his wealth, privilege and false sense of superiority. Although not illegal, it's offensive. Offending the public, whether right or wrong, has consequences. Shkreli is getting a taste of mob justice, or just what he asked for.
You only go to jail for being offensive in authoritarian-ruled governments. If we're not better than mob justice, please install decent people in NYC's legal system.
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Since when? You can always get yourself in trouble by pissing off the public, regardless of government structure.
You don't go to jail for 7 years for it. (Supposedly) not in first world countries.
Here's what we just witnessed. 1. Companies were cornering certain drugs, then hiking their prices up significantly. Shkrelli did the same thing (but stated he was willing to give it free for anyone who asked). Note, that this is not illegal in any way, but news was all over it and citizens were pissed. 2. Shkrelli, being outspoken, became the focus of this issue. He dug a hole for himself, but concerning drug prices…
That's not really how it works.
Here's what we just witnessed. 1. Companies were cornering certain drugs, then hiking their prices up significantly. Shkrelli did the same thing (but stated he was willing to give it free for anyone who asked). Note, that this is not illegal in any way, but news was all over it and citizens were pissed. 2. Shkrelli, being outspoken, became the focus of this issue. He dug a hole for himself, but concerning drug prices…
Can someone explain specifically what lies he told his investors to defraud them?
Here's what we just witnessed. 1. Companies were cornering certain drugs, then hiking their prices up significantly. Shkrelli did the same thing (but stated he was willing to give it free for anyone who asked). Note, that this is not illegal in any way, but news was all over it and citizens were pissed. 2. Shkrelli, being outspoken, became the focus of this issue. He dug a hole for himself, but concerning drug prices…
Here's what we just witnessed. 1. Companies were cornering certain drugs, then hiking their prices up significantly. Shkrelli did the same thing (but stated he was willing to give it free for anyone who asked). Note, that this is not illegal in any way, but news was all over it and citizens were pissed. 2. Shkrelli, being outspoken, became the focus of this issue. He dug a hole for himself, but concerning drug prices…
> 3. Prosecutors, needing to do something got him on fraud charges where he misstated information on an investment but still tripled their money. I don't think the outcome should matter. Lying to investors should land you in jail. It shouldn't become okay "if investors still made money"
According to the article, "prosecutors had pushed for at least 15 years, saying Shkreli had not shown remorse for his actions"
How come the jury is allow to consider his alleged lack of remorse but is not allowed to consider the outcome? Both are current events
Here's what we just witnessed. 1. Companies were cornering certain drugs, then hiking their prices up significantly. Shkrelli did the same thing (but stated he was willing to give it free for anyone who asked). Note, that this is not illegal in any way, but news was all over it and citizens were pissed. 2. Shkrelli, being outspoken, became the focus of this issue. He dug a hole for himself, but concerning drug prices…
1. Shkreli lied to investors. Regardless of whether the investors eventually made money, Shkreli put them needlessly at risk, and broke the law.
2. He could have gone away for 15 years, or walked away with a slap on the wrist. The judge sentenced him for 7 years in prison, given the fact that this guy showed no remorse, and thought it made him likely to reoffend, perhaps with more serious consequences.
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Not really a good analogy. They invested with him, he lost it but found another way to make that money back. There wasn't any theft.
If I give you money to invest in Alphabet stock and you instead invest it in lottery tickets, that seems like theft to me regardless of whether the lottery tickets pay off or not.
Here's what we just witnessed. 1. Companies were cornering certain drugs, then hiking their prices up significantly. Shkrelli did the same thing (but stated he was willing to give it free for anyone who asked). Note, that this is not illegal in any way, but news was all over it and citizens were pissed. 2. Shkrelli, being outspoken, became the focus of this issue. He dug a hole for himself, but concerning drug prices…
The best explanation of the drug price phenomenon: http://slatestarcodex.com/2016/08/29/reverse-voxsplaining-dr... Shkreli was the just the lowest hanging fruit who a) didn't have the backing of a major pharma company to mask him and b) he also happened to enjoy the attention he get from playing the "villain" character, ironically or not, in an outrage driven (social) media culture. I also don't think it's possible t…