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02-04-2016, 07:04 PM | Topic Starter |
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We have found the worst human being on earth, Pharma Bro
Former Wall street wunderkid now up on charges of inside trading.
Daraprim, which went from costing $13.50 per pill to $750 per pill when he tool over the company, is used to treat toxoplasmosis, a parasitic condition that can occur in pregnant women and people with the HIV virus. |
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02-04-2016, 07:06 PM | #2 |
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Martin Shekreli or whatever his name is has been hated marvelously online the past six months or so. It's been hilarious. **** that guy.
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02-04-2016, 07:09 PM | #3 |
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Yeah, I'm not sure why a guy about to go to prison thinks it's funny. But whatever.
How did a guy like this end up rising to a high position anyway? I'm guessing he stabbed everybody around him in the back multiple times.
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02-04-2016, 07:18 PM | #4 | |
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He got greedy. So what?
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02-04-2016, 07:21 PM | #5 |
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Seems pretty arrogant from what I've heard. Usually that type of person doesn't stand on the shoulders of giants, but rather on their backs.
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02-04-2016, 07:27 PM | #6 |
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yeah smart guy. Hey this company has a pill that people will die without and they are selling it for $13.50? Lets take it over and **** them on the price, $700+. they will pay it or die. Who cares either way, right?
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02-05-2016, 12:13 PM | #7 |
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Not to defend him, he's obviously a scumbag of the nth degree. However, I would guess that soaking people paying cash for medicine was not what he had in mind. Soaking hospitals and insurance companies was the goal I'm sure.
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02-05-2016, 12:20 PM | #8 |
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You realize that means he is ****ing all of us? Our taxes and insurance premiums are paying for his little business venture. Is that supposed to be better?
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02-05-2016, 12:30 PM | #9 |
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There is no way that insurance wouldn't negotiate that price down to a fraction of what he wanted to charge.
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02-05-2016, 08:16 PM | #10 |
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Which raises the cost of health insurance and health care for all of us. Soaking people indirectly is still soaking people.
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02-04-2016, 11:52 PM | #11 |
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02-05-2016, 12:33 AM | #12 |
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He did his due diligence concerning the value of biotech companies and made himself and his employers millions of dollars.
Shkreli is outwardly a prick but he's done nothing illegal as it pertains to jacking up the price of one medicine. Him getting brought before members of Congress today was a complete farce unless he's followed tomorrow by C-level executives of every American pharmaceutical company.
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02-05-2016, 12:39 AM | #13 | |
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He's also under indictment for securities fraud. |
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02-05-2016, 08:12 PM | #14 |
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02-05-2016, 12:33 AM | #15 | |
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He misled investors about his investment results to raise money for his hedge fund. He then committed securities fraud and embezzled money to pay off investors in his hedge fund. Then he used the position at the first pharma company to get the second one because he did all kinds of shitty things to the first company. |
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