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Martin Shkreli has been sentenced to seven years in prison

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Re: Martin Shkreli has been sentenced to seven years in prison

#441

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There are multiple cases where someone can be obligated to sell for a particular price. Eminent domain is the most obvious example but Reasonable and Non-Discriminatory Licensing [1] is more applicable. Patent laws creates a temporary monopoly. This monopoly needs to be regulated to prevent abuse. Avoiding extortionist pricing of patented medications seems like a reasonable area for regulation. 1. https://en.wikipedi…

But the patent on daraprim expired decades ago. It was a single source drug because there wasn’t enough money in the market for another manufacturer to make a competing alternative. There are something like 8,000 prescriptions a year.

In which case that sounds like market failure to me, which is another excellent time for regulation. We do this all the time with other "natural monopolies".

Re: Martin Shkreli has been sentenced to seven years in prison

#442

Earlier quoted context omitted.

>See his videos. You wouldn't stand a chance debating him unless you were a lawyer or pharmaceutical exec. I have. He's seemingly a intelligent guy with some personality issues that have gotten him into trouble. I hope he takes time during his sentence to seek help because he seemingly has more to offer the world than trolling and unethical professional behavior. Beside that, I don't care about Shkreli himself or the…

> I have. He's seemingly a intelligent guy with some personality issues that have gotten him into trouble. I hope he takes time during his sentence to seek help because he seemingly has more to offer the world than trolling and unethical professional behavior. Good point. Let's leave it at that because him helping the world is all that really matters. Wouldn't you agree that his childish behavior is a response to the…

Because I do not grant people an excuse for acting like a child because other people are acting childish towards them.

That entire line of reasoning is itself childish.

Re: Martin Shkreli has been sentenced to seven years in prison

#443

Earlier quoted context omitted.

> initially he was convicted but since no one lost any money his sentencing guidelines were (...) So.. If I try to rob a bank and fail and no money is stolen, then the sentence should be reduced?

Running a hedge fund in completely different than robing a bank. You should use at least an iota of intelligence before commenting.

And yet, you avoided answering the question :-)

Re: Martin Shkreli has been sentenced to seven years in prison

#444
post #397

Earlier quoted context omitted.

Would you like to bet on it? I've got $100 that says his sentence will be reduced by at least 50%.

Sure. Know a good betting platform? Maybe his sentence will be reduced somewhat, but I doubt by half. Also, we'll need to remove time-off for good behavior (which everyone gets by default unless they get in trouble) as part of the bet. 7+ years for defrauding investors is not uncommon, regardless of the other circumstances around the case and the defendant.

I agree to your terms. I'm fine without a betting platform. All my contact info is in my HN profile. If you want to ping me via email or twitter so we know how to get in touch that would be convenient.

Re: Martin Shkreli has been sentenced to seven years in prison

#445

Earlier quoted context omitted.

Running a hedge fund in completely different than robing a bank. You should use at least an iota of intelligence before commenting.

And yet, you avoided answering the question :-)

No your sentence should be that of whats historically been the sentence, not 700% more than average.
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