Earlier quoted context omitted.
He didn’t “extort sick poor people”, he extorted insurance companies. If you couldn’t afford his drugs, he was offering them for free.
I suspect that will be an unpopular fact although true. He was made an example of by Insurance companies and politicians. You have to remember Shkreli is very connected on Wall St and can call Soros et al friends. I am of the opinion that the Judge was also biased in this case. She had a disdain for him from the beginning. Junk away ...LOL....
Martin Shkreli has been sentenced to seven years in prison
211–220 of 446 posts
Re: Martin Shkreli has been sentenced to seven years in prison
#212Looking at the photos of this guy, I'm starting to wonder if that sick little smile he has is actually his stress response. Maybe that's how he looks when he's sweating bullets and feels guilty, and we all interpret that as him being an asshole who is glad he got away with the things he's done. I've certainly known people with weirder ticks. Or maybe he's literally a horrendous human being who is rightfully hated for…
Re: Martin Shkreli has been sentenced to seven years in prison
#213He was so obnoxious that I guess it is easy to be happy about that, but he was so small time in the grand scheme of things. But nearly no bankers responsible for the 2008 financial crisis ever went to jail: https://www.theatlantic.com/magazine/archive/2015/09/how-wal...
Nowhere in that article does it describe an actual crime that went unprosecuted. Shkreli broke the law. The financiers causing the financial collapse did not. Perhaps the laws should be changed.
Re: Martin Shkreli has been sentenced to seven years in prison
#214Earlier quoted context omitted.
No, you're arguing the wrong topic. The linked article is about the outcome of the trial that occurred. Your 5-point "here's what happened" muddled the relationship between this sentencing and other reasons Shkreli is a public figure. And thus the "here's what happened" attitude is exactly false; what happened was a petulant fraudster got a middle-of-the-road sentence for exactly the crime he was on trial for.
You're discussing the latest chapter, I'm discussing the whole book. I'm including all the "Pharmabro" chapters over the last couple of years. Google his name. He isn't famous for fraud.
Re: Martin Shkreli has been sentenced to seven years in prison
#215Earlier quoted context omitted.
If I push my wife off a cliff for life insurance but she falls onto and kills a terrorist or school shooter does that lessen my crime? Does it even change the nature of my crime? No so it shouldn't enter in.
Judges take into account the "impact" of the crime all the time in sentencing. As they should. In this case, his crime had no negative impact on anyone, and the unduly harsh sentence sure looks like a sentence for the unlikable (but perfectly legal) price hikes he did.
Re: Martin Shkreli has been sentenced to seven years in prison
#216To give some background on how his sentencing increased so dramatically, initially he was convicted but since no one lost any money his sentencing guidelines were 0-12 months(most likely no jail time since it was his first offence). As a general rule of thumb in federal fraud cases sentencing is primarily determined by the what's called the "loss amount" of the crime in question. But a couple weeks ago the judge deci…
Re: Martin Shkreli has been sentenced to seven years in prison
#217Earlier quoted context omitted.
Insurance premiums are pricing more and more people out of the market and that trend is driven by this sort of behavior. I'm glad that Shkreli felt obligated to help the people who could directly attribute their suffering to him, but he's still a jerk who extorts sick people.
So do Health Care insurance companies. People don't realize how broken that system is until they or someone they know gets really sick.
Re: Martin Shkreli has been sentenced to seven years in prison
#218Earlier quoted context omitted.
Not it doesn’t. Our legal framework doesn’t oblige you to save someone’s life just because you have the means to do so. If it did, we’d all be in big trouble—for the cost of a fully loaded MacBook Pro, you could save someone from malaria in Africa. The fact that people think a particular unpopular thing shouldn’t be legal doesn’t change that. There are a lot of things people believe should be illegal that aren’t ille…
You mistakenly compare a failure to act ("save someone from malaria") with a clear purposeful action ("extorted sick poor people"). And there's no particular "higher purpose" of the law here that prevents us from making Shkreli's behavior illegal. Price gouging is illegal under other circumstances [1]; as far as I can tell his actions were legal just because nobody thought someone would be this awful. If you'd like t…
Malaria person: please wpietri, help me.
wpietri: No
Sick person: please shkreli, help me.
shkreli: Sure, for $500
At least in the second scenario the person is being offered an option under which they get help. It sounds a lot better than the first scenario for the afflicted.Re: Martin Shkreli has been sentenced to seven years in prison
#219To give some background on how his sentencing increased so dramatically, initially he was convicted but since no one lost any money his sentencing guidelines were 0-12 months(most likely no jail time since it was his first offence). As a general rule of thumb in federal fraud cases sentencing is primarily determined by the what's called the "loss amount" of the crime in question. But a couple weeks ago the judge deci…
https://www.thestar.com/news/world/2017/08/05/lack-of-remors...
Re: Martin Shkreli has been sentenced to seven years in prison
#220Cruel and unusual given the crime. Half the sentence of Jeffrey Skilling who destroyed thousands of families. No question in my mind that the judge had it out for him from the get-go.
He really screwed himself over while he was on bail. He probably could have gotten off with what his attorneys wanted (around a year) if he just shut up until after the sentencing was over. But he kept trolling on livestream and twitter and acting like it was a given that he would get off easy. Obviously he was joking around with the Clinton "threat" but he should not have given prosecutors anything to use against hi…