You may have heard about this smug arsehole Martin Shkreli a few months ago. He bought the rights to a drug used to treat toxoplasmosis and decided that a great way to get a return on his investment would be to change the price per dose from $13.50 to $750.
[youtube width=750]https://www.youtube.com/watch?v=L-U1MMa0SHw[/youtube]
Shkreli backed down on this a while later after wide-spread negative reactions to his move. If you watched him on TV or online back then (or in the video above), you may have got a certain impression of him. I certainly did, as reflected in the title I gave to this thread.
It may be that his character has been revealed in more detail, given his most recent appearance in the headlines:
"Shkreli, CEO Reviled for Drug Price Gouging, Arrested on Securities Fraud Charges" |
Bloomberg Business (http://www.bloomberg.com/features/2015-martin-shkreli-securities-fraud/)
QuoteMartin Shkreli, the boyish drug company entrepreneur, who rocketed to infamy by jacking up the price (http://www.bloomberg.com/news/articles/2015-11-24/drugmaker-turing-suggests-it-won-t-cut-list-price-of-daraprim) of a life-saving pill from $13.50 to $750, was arrested by federal agents at his Manhattan apartment early Thursday morning and charged with securities fraud (http://www.sec.gov/news/pressrelease/2015-282.html). After pleading not guilty in Brooklyn federal court he was freed on a $5 million bond.
Shkreli, 32, ignited a firestorm over drug prices in September and became a symbol of defiant greed. The federal case (http://www.bloomberg.com/news/articles/2015-01-07/retrophin-founder-said-probed-on-possible-securities-violation) against him has nothing to do with pharmaceutical costs but suggests he was running a Madoff-style Ponzi scheme on a much smaller scale. Prosecutors in Brooklyn charged him with illegally taking assets from Retrophin Inc., a biotechnology firm he started in 2011, and using it to pay debts from unrelated business dealings. He was later ousted from the company (http://www.bloomberg.com/bw/articles/2014-10-01/martin-shkreli-short-seller-who-started-retrophin-gets-fired), where he'd been chief executive officer, and sued by its board.
Federal prosecutors accuse (http://media.bloomberg.com/bb/avfile/rjMmmf1jHzI0) Shkreli of engaging in a complicated shell game after a hedge fund he started lost millions. He is alleged to have made secret payoffs and set up sham consulting arrangements. A New York lawyer, Evan Greebel, also arrested early Thursday, is accused of conspiring with him. He too pleaded not guilty and was freed on a $1 million bond.
[Continues . . . (http://www.bloomberg.com/features/2015-martin-shkreli-securities-fraud/)]
Ah... Karma.
Perhaps Bubba will rent out shkreli for exorbitant amounts to make great returns on his investment.
I've heard several people suggest his lawyer raise his fees from $1200/hr to $60,000/hr, in light of these events.
I wouldn't wish disease on anyone, but if he were to contract HIV in prison and then end up unable to afford his own drug because his assets are frozen, I would be seriously impressed by perfection of such irony.
Another company dropped their drug to $1 a pill so he wasn't going to make any money anyway ;D
Heh. heh! :)
A polite epithet like Slimy Ratfink is putting it mildly. Let us hope that he'll be put in the slammer where he will become someone's or several someone's unwilling bitch.
Yes, I know that it is not nice to wish someone bad fortune. That is a vile person so I am claiming divine forgiveness..