Exec who jacked up price of a lifesaving drug is arrested

  • Posted by a hidden member.
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    Dec 17, 2015 11:43 PM GMT
    http://finance.yahoo.com/news/turing-ceo-martin-shkreli-custody-securities-probe-133722669--finance.html

    Good Karma

    6d10b1da6c7cfb6f7d1a6bfdf0b77624
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    Dec 17, 2015 11:45 PM GMT
    He better hope the guy who fucks his ass in prison is HIV negative.
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    Dec 18, 2015 1:03 AM GMT
    Meanwhile, all of the other pharma execs who have been doing the exact same thing... Get bonuses. icon_confused.gif
  • bifocaled

    Posts: 28

    Dec 18, 2015 1:11 AM GMT
    The guy is doing all this for attention. Can only imagine the kind of childhood he's had to have ended up like this.
  • David3K

    Posts: 231

    Dec 18, 2015 4:44 AM GMT
    MuchmorethanHIV saidThe guy is doing all this for attention. Can only imagine the kind of childhood he's had to have ended up like this.


    Stop blaming bad childhood for everything, the guy is an asshole and it's his own fault.
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    Dec 18, 2015 5:08 AM GMT
    I found it interesting that online posters at one news site were contending his arrest charges are bogus, an Obama government plot because he's a successful capitalist making money.

    Just wait until this "capitalist" should ever get his hands on their Viagra supply, and they gotta start paying about a thousand dollars a pill. They'll change their tune quick enough.

    Right now the Daraprim he's exploiting is being wrongly identified as treating AIDS, and you know how much sympathy Right Wingers have for AIDS sufferers. AIDS, after all, is God's just punishment for the willful sin of homosexual behavior.

    Truth is, Daraprim treats a couple of forms of parasitic diseases that affect other people with compromised immune systems, including those undergoing cancer treatment. It is not exclusively an HIV or AIDS medication, existing decades before HIV was discovered.
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    Dec 18, 2015 5:26 AM GMT
    I don't understand how anyone can say he gave capitalism a bad name. Capitalism is not pretty, nice, gentle or caring.
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    Dec 18, 2015 7:45 AM GMT
    Art_Deco saidI found it interesting that online posters at one news site were contending his arrest charges are bogus, an Obama government plot because he's a successful capitalist making money.

    Just wait until this "capitalist" should ever get his hands on their Viagra supply, and they gotta start paying about a thousand dollars a pill. They'll change their tune quick enough.

    Right now the Daraprim he's exploiting is being wrongly identified as treating AIDS, and you know how much sympathy Right Wingers have for AIDS sufferers. AIDS, after all, is God's just punishment for the willful sin of homosexual behavior.

    Truth is, Daraprim treats a couple of forms of parasitic diseases that affect other people with compromised immune systems, including those undergoing cancer treatment. It is not exclusively an HIV or AIDS medication, existing decades before HIV was discovered.


    Bobbi, funny when you do this:

    "Right now the Daraprim he's exploiting is being wrongly identified as treating AIDS, and you know how much sympathy Right Wingers have for AIDS sufferers"

    http://money.cnn.com/2015/10/18/news/companies/turing-ceo-martin-shkreli-bernie-sanders/

    "Shkreli recently endorsed Sanders' bid for the Democratic ticket."
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    Dec 18, 2015 9:36 AM GMT
    ^ The same article clarified that Sanders rejected Shkreli's contribution, redirecting it to HIV research.

    And that Shkreli made the contribution in the hopes of influencing Sander's position on pharmaceutical industry abuses.

    And that Shkreli was super pissed off that Sanders saw through it.
  • oldfart

    Posts: 328

    Dec 18, 2015 2:45 PM GMT
    Wicked justice.

    Bring back drawing-and-quartering.
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    Dec 18, 2015 3:09 PM GMT
    There's nothing wrong with capitalism, but there's a reason why monopoly (or even duopoly) is not looked at favorably in this country. When someone is able to raise the price of a merchandise unilaterally and unreasonably because there's isn't a comparable alternative or a reasonable substitute, then we see unconscionable results. Shkreli is within his rights to take advantage of the pharmaceutical market, so I'm not sure he's legally culpable for drastically jacking up the price of the drug (although I believe that he's morally/ethically culpable). I'm not sure, however, if he's violated the securities laws as the facts have not been fully fleshed out in my mind. He remains innocent until proven guilty or liable--this is the underpinning of our legal system.
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    Dec 18, 2015 3:20 PM GMT
    Why stop there? $4000 a night for a private hospital room? Really?

    I spent 3 days in hospital for bronchitis last year. The total bill was $17,000 dollars. That's fucking insane. A thousand dollars for a two mile ambulance ride?
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    Dec 18, 2015 3:38 PM GMT
    bon_pan saidWhy stop there? $4000 a night for a private hospital room? Really?

    I spent 3 days in hospital for bronchitis last year. The total bill was $17,000 dollars. That's fucking insane. A thousand dollars for a two mile ambulance ride?


    Wow and I thought it was bad that my insurance company paid $80 for the ambulance to drive me .75 miles to a hospitable.
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    Dec 18, 2015 4:21 PM GMT
    anotherphil said^ The same article clarified that Sanders rejected Shkreli's contribution, redirecting it to HIV research.

    And that Shkreli made the contribution in the hopes of influencing Sander's position on pharmaceutical industry abuses.

    And that Shkreli was super pissed off that Sanders saw through it.


    Saw that, but irrelevant to my point.
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    Dec 18, 2015 4:22 PM GMT
    oldfart saidWicked justice.

    Bring back drawing-and-quartering.


    Just go to the Middle East. I'm sure its still being done there somewhere.
  • FRE0

    Posts: 4865

    Dec 18, 2015 9:42 PM GMT
    They say that he was wearing a "hoodie". I remember when we called them "hoods". When did they start calling them "hoodies"? And why?
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    Dec 18, 2015 9:45 PM GMT
    FRE0 saidThey say that he was wearing a "hoodie". I remember when we called them "hoods". When did they start calling them "hoodies"? And why?


    https://en.wikipedia.org/wiki/Hoodie
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    Dec 18, 2015 10:53 PM GMT
    theantijock%20engage%20stalker%20reducti

    Aside from monopolies, at what point does an entity become a public utility?

    If we all had windmills and solar power, would electric still be a public utility subject to commission reviews and approvals or denials of pricing?

    Can everyone afford to build and run their own hospital? Television station? Internetz?

    At what point do we deem something so essential to living, so expensive and impractical for a person to provide for themselves, that it might come under some stricter regulation than, say, this year's clothing fashions or fast foods?
  • Webster666

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    Dec 19, 2015 12:54 AM GMT
    What happened to that shit-eatin' grin ?
  • oldfart

    Posts: 328

    Dec 19, 2015 1:09 AM GMT
    DOMINUS saidThere's nothing wrong with capitalism...  I'm not sure, however, if he's violated the securities law....


    Oh yeah. The Ponzi schemes are quite apparent now. I would stunned if the evidence is otherwise.
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    Dec 19, 2015 2:04 AM GMT
    bon_pan saidWhy stop there? $4000 a night for a private hospital room? Really?

    I spent 3 days in hospital for bronchitis last year. The total bill was $17,000 dollars. That's fucking insane. A thousand dollars for a two mile ambulance ride?


    Sadly, the soaring cost of medical care is based on one corporate institution basing its profits on funds earned from another corporate institution (an insurance company) which in turn bases its profits on the needs of the people to not end up homeless when paying for the first.

    Well, that was the dumbed-down version as explained to me by an economics professor from Berkeley.

    We're just the poor suckers caught in the middle of a racket.
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    Dec 19, 2015 4:28 AM GMT
    The only thing that's on my mind is that guy on his right, our left, is hot.
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    Dec 19, 2015 5:56 PM GMT
    Lumpyoatmeal saidThe only thing that's on my mind is that guy on his right, our left, is hot.


    I thought I was the only one that noticed.

    Don't think I'd mind letting him cuff me.