"FBI arrests Turing Pharmaceuticals CEO Martin Shkreli: Witness"

[NoTeaPartyPleez]

Ha! Remember this guy, the asshole who raised an HIV pill from $13 to $750? The rightwing capitalist, free market hero?
Company hikes price 5,000% for drug that fights complication of AIDS, cancer | US Message Board - Political Discussion Forum

Arrested this morning. You idiots who cheer Big Pharma and monopolies need your heads pulled out of your asses:
FBI arrests Turing Pharmaceuticals CEO Martin Shkreli: Witness
Turing Pharmaceuticals CEO Shkreli arrested by FBI

Martin Shkreli, a lightning rod for growing outrage over soaring prescription drug prices, was arrested by the FBI on Thursday after a federal investigation involving his former hedge fund and a pharmaceutical company he previously headed.
The securities fraud probe of Shkreli, who is now chief executive officer of Turing Pharmaceuticals and KaloBios Pharmaceuticals, stems from his time as manager of hedge fund MSMB Capital Management and CEO of biopharmaceutical company Retrophin Inc, a person familiar with the matter said.
Lawyers for Retrophin and Shkreli, whose arrest was witnessed by Reuters, did not immediately respond to a request for comment. Turing and KaloBios declined to comment.
Turing sparked controversy earlier this year after news reports that it had raised the price of Daraprim, a 62-year-old treatment for a dangerous parasitic infection, to $750 a tablet from $13.50 after acquiring it.
Shkreli, 32, was expected to be charged on Thursday for illegally using Retrophin assets to pay off debts after MSMB lost millions of dollars, the source said.

 

[Fueri]

Couldn't happen to a better asshole.

With any luck, he gets raped in jail, contracts AIDS and has to pay for his own drugs after the Feds seize all his money.

 

[Delta4Embassy]

Throw him in a 6x9 cell and tell him it's actually 600x900.

 

[Book of Jeremiah]

Ha! Remember this guy, the asshole who raised an HIV pill from $13 to $750? The rightwing capitalist, free market hero?
Company hikes price 5,000% for drug that fights complication of AIDS, cancer | US Message Board - Political Discussion Forum

Arrested this morning. You idiots who cheer Big Pharma and monopolies need your heads pulled out of your asses:
FBI arrests Turing Pharmaceuticals CEO Martin Shkreli: Witness
Turing Pharmaceuticals CEO Shkreli arrested by FBI

Martin Shkreli, a lightning rod for growing outrage over soaring prescription drug prices, was arrested by the FBI on Thursday after a federal investigation involving his former hedge fund and a pharmaceutical company he previously headed.
The securities fraud probe of Shkreli, who is now chief executive officer of Turing Pharmaceuticals and KaloBios Pharmaceuticals, stems from his time as manager of hedge fund MSMB Capital Management and CEO of biopharmaceutical company Retrophin Inc, a person familiar with the matter said.
Lawyers for Retrophin and Shkreli, whose arrest was witnessed by Reuters, did not immediately respond to a request for comment. Turing and KaloBios declined to comment.
Turing sparked controversy earlier this year after news reports that it had raised the price of Daraprim, a 62-year-old treatment for a dangerous parasitic infection, to $750 a tablet from $13.50 after acquiring it.
Shkreli, 32, was expected to be charged on Thursday for illegally using Retrophin assets to pay off debts after MSMB lost millions of dollars, the source said.

Are you out of your mind? Martin Shreki is a far left democrat. He agrees with Bernie Sanders by his own admission - he sent Sanders the largest political donation allowed for his presidential campaign and when Sanders found that Martin was going down he decided to send the money back. You had better fact check your stories before you run with them. You certainly won't win anyone spreading false stories such as this one. Capitolist right winger? Try full on far left - registered Democrat.

Bernie Sanders rejects CEO Martin Shkreli’s campaign donation - The Boston Globe

He was also reported to have voted for Obama twice. This guy is yours, no matter how hard the media wants to spin it the other way. He's yours.

 

[waltky]

Granny says, "Dat's right...

... dat oughta wipe...

... dat smirky grin off'n his face."

 

[Book of Jeremiah]

Oooooh - kay! Looks like No Tea Party Pleez has just left the building folks!
Moving right along here..........!

 

[Freewill]

Although this is once again a left winger the thanks truly goes to those who crafted Obama/SCOUTS/care. If we remember the chief architect went into secret meetings with the drug companies and made a private deal to garner support for Obama/SCOTUS/care.

This, as with everything Obama/SCOTUS/care, is all democrat.

 

[Weatherman2020]

Ha! Remember this guy, the asshole who raised an HIV pill from $13 to $750? The rightwing capitalist, free market hero?
Company hikes price 5,000% for drug that fights complication of AIDS, cancer | US Message Board - Political Discussion Forum

Arrested this morning. You idiots who cheer Big Pharma and monopolies need your heads pulled out of your asses:
FBI arrests Turing Pharmaceuticals CEO Martin Shkreli: Witness
Turing Pharmaceuticals CEO Shkreli arrested by FBI

Martin Shkreli, a lightning rod for growing outrage over soaring prescription drug prices, was arrested by the FBI on Thursday after a federal investigation involving his former hedge fund and a pharmaceutical company he previously headed.
The securities fraud probe of Shkreli, who is now chief executive officer of Turing Pharmaceuticals and KaloBios Pharmaceuticals, stems from his time as manager of hedge fund MSMB Capital Management and CEO of biopharmaceutical company Retrophin Inc, a person familiar with the matter said.
Lawyers for Retrophin and Shkreli, whose arrest was witnessed by Reuters, did not immediately respond to a request for comment. Turing and KaloBios declined to comment.
Turing sparked controversy earlier this year after news reports that it had raised the price of Daraprim, a 62-year-old treatment for a dangerous parasitic infection, to $750 a tablet from $13.50 after acquiring it.
Shkreli, 32, was expected to be charged on Thursday for illegally using Retrophin assets to pay off debts after MSMB lost millions of dollars, the source said.

Are you out of your mind? Martin Shreki is a far left democrat. He agrees with Bernie Sanders by his own admission - he sent Sanders the largest political donation allowed for his presidential campaign and when Sanders found that Martin was going down he decided to send the money back. You had better fact check your stories before you run with them. You certainly won't win anyone spreading false stories such as this one. Capitolist right winger? Try full on far left - registered Democrat.

Bernie Sanders rejects CEO Martin Shkreli’s campaign donation - The Boston Globe

He was also reported to have voted for Obama twice. This guy is yours, no matter how hard the media wants to spin it the other way. He's yours.

Yet another big Dem sponsor behind bars, darn.

 

[NoTeaPartyPleez]

Oooooh - kay! Looks like No Tea Party Pleez has just left the building folks!
Moving right along here..........!

Sorry, Sorrymiah, he's actually all yours. HIs donations were more about acquiring leverage with Congress and not his personal political beliefs. And right now he's trying to call his lawyer while you wipe the egg off your face.

‘Pharma bro’ Martin Shkreli and the very American debate over maximizing profit
"""Although Shkreli has delivered different, at times conflicting statements about why his company, Turing Pharmaceuticals, raised the price of Daraprim, his answer has often boiled down to this: because of capitalism.

It’s unlikely that Shkreli set out to stir a debate about the limits of the American economic system, but that’s effectively what he has done. The controversy comes at a time of broad concern over inequality in this country. Bernie Sanders has made a presidential campaign out of the issue. Even Donald Trump is talking about raising taxes on the wealthy.With job creation, employment and corporate profits all up, yet wages stubbornly stagnant, many Americans feel that the system is flawed.

So perhaps it’s no surprise that Shkreli, a brash young CEO who defiantly quotes hip-hop artists on social media, has suddenly become a lightning rod.

Take one of his first comments on the current controversy. When confronted Sunday on Twitter by a journalist covering the drug industry, Shkreli said hiking the price of Daraprim was simply a “business decision.” “It’s a great business decision that also benefits all of our stakeholders,” Shkreli said. “I don’t expect the likes of you to process that.” When the journalist questioned hiking the price “5,000%,” Shkreli called him “a moron.”

“So there you have it,” the journalist, Fierce Biotech’s John Carroll, wrote later. “The unvarnished truth. It was a business decision. It was about money. And screw you.”

Shkreli has softened his stance since then, but his subsequent comments have similarly shown how his decision to raise the drug’s price is grounded in capitalism, or his understanding of it, at least.

“There’s no doubt — I’m a capitalist,” he told CBS. “I’m trying to create a big drug company, a successful drug company, a profitable drug company. We’re trying to flourish.”

Later, in the same interview, Shkreli appeared to echo Gordon Gekko’s infamous quote from “Wall Street” that “greed is good.”
""""""


‘Pharma bro’ Martin Shkreli and the very American debate over maximizing profit

 

[Spinster]

Ha! Remember this guy, the asshole who raised an HIV pill from $13 to $750? The rightwing capitalist, free market hero?
Company hikes price 5,000% for drug that fights complication of AIDS, cancer | US Message Board - Political Discussion Forum

Arrested this morning. You idiots who cheer Big Pharma and monopolies need your heads pulled out of your asses:
FBI arrests Turing Pharmaceuticals CEO Martin Shkreli: Witness
Turing Pharmaceuticals CEO Shkreli arrested by FBI

Martin Shkreli, a lightning rod for growing outrage over soaring prescription drug prices, was arrested by the FBI on Thursday after a federal investigation involving his former hedge fund and a pharmaceutical company he previously headed.
The securities fraud probe of Shkreli, who is now chief executive officer of Turing Pharmaceuticals and KaloBios Pharmaceuticals, stems from his time as manager of hedge fund MSMB Capital Management and CEO of biopharmaceutical company Retrophin Inc, a person familiar with the matter said.
Lawyers for Retrophin and Shkreli, whose arrest was witnessed by Reuters, did not immediately respond to a request for comment. Turing and KaloBios declined to comment.
Turing sparked controversy earlier this year after news reports that it had raised the price of Daraprim, a 62-year-old treatment for a dangerous parasitic infection, to $750 a tablet from $13.50 after acquiring it.
Shkreli, 32, was expected to be charged on Thursday for illegally using Retrophin assets to pay off debts after MSMB lost millions of dollars, the source said.

Are you out of your mind? Martin Shreki is a far left democrat. He agrees with Bernie Sanders by his own admission - he sent Sanders the largest political donation allowed for his presidential campaign and when Sanders found that Martin was going down he decided to send the money back. You had better fact check your stories before you run with them. You certainly won't win anyone spreading false stories such as this one. Capitolist right winger? Try full on far left - registered Democrat.

Bernie Sanders rejects CEO Martin Shkreli’s campaign donation - The Boston Globe

He was also reported to have voted for Obama twice. This guy is yours, no matter how hard the media wants to spin it the other way. He's yours.

Yes, Sanders probably returned the donation because he didn't want the association of a scumbag. Martin is a monster gangster.

 

[TNHarley]

I dont agree with what he did..
But I DO find it ironic that he was a lefty to the bone. In fact, one of his justifications for raising the price of the medication was so he could pay his employees more!
Lefty la-la land!

 

[Book of Jeremiah]

One of the tools of the left is to commit the crime and then blame it on right wing republicans. Right after Gabby Gifford was shot - the media rushed to blame it on a right winger but it turned out the shooter was a registered democrat. Hasan Nidal the mass shooter at Fort Hood was a registered Democrat. In fact I believe that so far all or at least 99% of the murderers who were identified in mass shootings thus far have been democrat - yet each time they rushed to blame Christians / Republicans and the NRA. We see this again with the Planned Parenthood shooting - the guy wasn't a Christian or a Republican yet they rushed to report that he was - the left should be exposed for this strategy and told that it isn't working anymore.

The left has lost their credibility which is why Hillary can only round up 52 plus people for a campaign rally while Trump is bringing 10's of thousands to one of his rallies. Interesting that the news media avoids showing the mass number of people at Trumps events while hiding the fact that Hillary's rallies look like a small book club meeting, isn't it? The Left Media depends on lies and deceptions to hide the truth from the American people. It's high time they were confronted about it.

 

[Auld Phart]

Oooooh - kay! Looks like No Tea Party Pleez has just left the building folks!
Moving right along here..........!

Sorry, Sorrymiah, he's actually all yours. HIs donations were more about acquiring leverage with Congress and not his personal political beliefs. And right now he's trying to call his lawyer while you wipe the egg off your face.

‘Pharma bro’ Martin Shkreli and the very American debate over maximizing profit
"""Although Shkreli has delivered different, at times conflicting statements about why his company, Turing Pharmaceuticals, raised the price of Daraprim, his answer has often boiled down to this: because of capitalism.

It’s unlikely that Shkreli set out to stir a debate about the limits of the American economic system, but that’s effectively what he has done. The controversy comes at a time of broad concern over inequality in this country. Bernie Sanders has made a presidential campaign out of the issue. Even Donald Trump is talking about raising taxes on the wealthy.With job creation, employment and corporate profits all up, yet wages stubbornly stagnant, many Americans feel that the system is flawed.

So perhaps it’s no surprise that Shkreli, a brash young CEO who defiantly quotes hip-hop artists on social media, has suddenly become a lightning rod.

Take one of his first comments on the current controversy. When confronted Sunday on Twitter by a journalist covering the drug industry, Shkreli said hiking the price of Daraprim was simply a “business decision.” “It’s a great business decision that also benefits all of our stakeholders,” Shkreli said. “I don’t expect the likes of you to process that.” When the journalist questioned hiking the price “5,000%,” Shkreli called him “a moron.”

“So there you have it,” the journalist, Fierce Biotech’s John Carroll, wrote later. “The unvarnished truth. It was a business decision. It was about money. And screw you.”

Shkreli has softened his stance since then, but his subsequent comments have similarly shown how his decision to raise the drug’s price is grounded in capitalism, or his understanding of it, at least.

“There’s no doubt — I’m a capitalist,” he told CBS. “I’m trying to create a big drug company, a successful drug company, a profitable drug company. We’re trying to flourish.”

Later, in the same interview, Shkreli appeared to echo Gordon Gekko’s infamous quote from “Wall Street” that “greed is good.”
""""""


‘Pharma bro’ Martin Shkreli and the very American debate over maximizing profit

HIs donations were more about acquiring leverage with Congress and not his personal political beliefs

and that proves he's not a Democrat?

 

[Book of Jeremiah]

Ha! Remember this guy, the asshole who raised an HIV pill from $13 to $750? The rightwing capitalist, free market hero?
Company hikes price 5,000% for drug that fights complication of AIDS, cancer | US Message Board - Political Discussion Forum

Arrested this morning. You idiots who cheer Big Pharma and monopolies need your heads pulled out of your asses:
FBI arrests Turing Pharmaceuticals CEO Martin Shkreli: Witness
Turing Pharmaceuticals CEO Shkreli arrested by FBI

Martin Shkreli, a lightning rod for growing outrage over soaring prescription drug prices, was arrested by the FBI on Thursday after a federal investigation involving his former hedge fund and a pharmaceutical company he previously headed.
The securities fraud probe of Shkreli, who is now chief executive officer of Turing Pharmaceuticals and KaloBios Pharmaceuticals, stems from his time as manager of hedge fund MSMB Capital Management and CEO of biopharmaceutical company Retrophin Inc, a person familiar with the matter said.
Lawyers for Retrophin and Shkreli, whose arrest was witnessed by Reuters, did not immediately respond to a request for comment. Turing and KaloBios declined to comment.
Turing sparked controversy earlier this year after news reports that it had raised the price of Daraprim, a 62-year-old treatment for a dangerous parasitic infection, to $750 a tablet from $13.50 after acquiring it.
Shkreli, 32, was expected to be charged on Thursday for illegally using Retrophin assets to pay off debts after MSMB lost millions of dollars, the source said.

Are you out of your mind? Martin Shreki is a far left democrat. He agrees with Bernie Sanders by his own admission - he sent Sanders the largest political donation allowed for his presidential campaign and when Sanders found that Martin was going down he decided to send the money back. You had better fact check your stories before you run with them. You certainly won't win anyone spreading false stories such as this one. Capitolist right winger? Try full on far left - registered Democrat.

Bernie Sanders rejects CEO Martin Shkreli’s campaign donation - The Boston Globe

He was also reported to have voted for Obama twice. This guy is yours, no matter how hard the media wants to spin it the other way. He's yours.

Yes, Sanders probably returned the donation because he didn't want the association of a scumbag. Martin is a monster gangster.

Most likely, yes.

 

[TNHarley]

Oooooh - kay! Looks like No Tea Party Pleez has just left the building folks!
Moving right along here..........!

Sorry, Sorrymiah, he's actually all yours. HIs donations were more about acquiring leverage with Congress and not his personal political beliefs. And right now he's trying to call his lawyer while you wipe the egg off your face.

‘Pharma bro’ Martin Shkreli and the very American debate over maximizing profit
"""Although Shkreli has delivered different, at times conflicting statements about why his company, Turing Pharmaceuticals, raised the price of Daraprim, his answer has often boiled down to this: because of capitalism.

It’s unlikely that Shkreli set out to stir a debate about the limits of the American economic system, but that’s effectively what he has done. The controversy comes at a time of broad concern over inequality in this country. Bernie Sanders has made a presidential campaign out of the issue. Even Donald Trump is talking about raising taxes on the wealthy.With job creation, employment and corporate profits all up, yet wages stubbornly stagnant, many Americans feel that the system is flawed.

So perhaps it’s no surprise that Shkreli, a brash young CEO who defiantly quotes hip-hop artists on social media, has suddenly become a lightning rod.

Take one of his first comments on the current controversy. When confronted Sunday on Twitter by a journalist covering the drug industry, Shkreli said hiking the price of Daraprim was simply a “business decision.” “It’s a great business decision that also benefits all of our stakeholders,” Shkreli said. “I don’t expect the likes of you to process that.” When the journalist questioned hiking the price “5,000%,” Shkreli called him “a moron.”

“So there you have it,” the journalist, Fierce Biotech’s John Carroll, wrote later. “The unvarnished truth. It was a business decision. It was about money. And screw you.”

Shkreli has softened his stance since then, but his subsequent comments have similarly shown how his decision to raise the drug’s price is grounded in capitalism, or his understanding of it, at least.

“There’s no doubt — I’m a capitalist,” he told CBS. “I’m trying to create a big drug company, a successful drug company, a profitable drug company. We’re trying to flourish.”

Later, in the same interview, Shkreli appeared to echo Gordon Gekko’s infamous quote from “Wall Street” that “greed is good.”
""""""


‘Pharma bro’ Martin Shkreli and the very American debate over maximizing profit

HIs donations were more about acquiring leverage with Congress and not his personal political beliefs

and that proves he's not a Democrat?

He is very much a limp wrist. I read his facebook page when all this started.

 

[Book of Jeremiah]

Oooooh - kay! Looks like No Tea Party Pleez has just left the building folks!
Moving right along here..........!

Sorry, Sorrymiah, he's actually all yours. HIs donations were more about acquiring leverage with Congress and not his personal political beliefs. And right now he's trying to call his lawyer while you wipe the egg off your face.

‘Pharma bro’ Martin Shkreli and the very American debate over maximizing profit
"""Although Shkreli has delivered different, at times conflicting statements about why his company, Turing Pharmaceuticals, raised the price of Daraprim, his answer has often boiled down to this: because of capitalism.

It’s unlikely that Shkreli set out to stir a debate about the limits of the American economic system, but that’s effectively what he has done. The controversy comes at a time of broad concern over inequality in this country. Bernie Sanders has made a presidential campaign out of the issue. Even Donald Trump is talking about raising taxes on the wealthy.With job creation, employment and corporate profits all up, yet wages stubbornly stagnant, many Americans feel that the system is flawed.

So perhaps it’s no surprise that Shkreli, a brash young CEO who defiantly quotes hip-hop artists on social media, has suddenly become a lightning rod.

Take one of his first comments on the current controversy. When confronted Sunday on Twitter by a journalist covering the drug industry, Shkreli said hiking the price of Daraprim was simply a “business decision.” “It’s a great business decision that also benefits all of our stakeholders,” Shkreli said. “I don’t expect the likes of you to process that.” When the journalist questioned hiking the price “5,000%,” Shkreli called him “a moron.”

“So there you have it,” the journalist, Fierce Biotech’s John Carroll, wrote later. “The unvarnished truth. It was a business decision. It was about money. And screw you.”

Shkreli has softened his stance since then, but his subsequent comments have similarly shown how his decision to raise the drug’s price is grounded in capitalism, or his understanding of it, at least.

“There’s no doubt — I’m a capitalist,” he told CBS. “I’m trying to create a big drug company, a successful drug company, a profitable drug company. We’re trying to flourish.”

Later, in the same interview, Shkreli appeared to echo Gordon Gekko’s infamous quote from “Wall Street” that “greed is good.”
""""""


‘Pharma bro’ Martin Shkreli and the very American debate over maximizing profit

HIs donations were more about acquiring leverage with Congress and not his personal political beliefs

and that proves he's not a Democrat?

Why no mention about Shkreli voting for Obama twice? He is a far left Democrat. That is why all decent democrats who are disgusted by these type of stories need to vote for Donald Trump. He'll put an end to this nonsense.
Vote Trump 2016

 

[Weatherman2020]

Oooooh - kay! Looks like No Tea Party Pleez has just left the building folks!
Moving right along here..........!

Sorry, Sorrymiah, he's actually all yours. HIs donations were more about acquiring leverage with Congress and not his personal political beliefs. And right now he's trying to call his lawyer while you wipe the egg off your face.

‘Pharma bro’ Martin Shkreli and the very American debate over maximizing profit
"""Although Shkreli has delivered different, at times conflicting statements about why his company, Turing Pharmaceuticals, raised the price of Daraprim, his answer has often boiled down to this: because of capitalism.

It’s unlikely that Shkreli set out to stir a debate about the limits of the American economic system, but that’s effectively what he has done. The controversy comes at a time of broad concern over inequality in this country. Bernie Sanders has made a presidential campaign out of the issue. Even Donald Trump is talking about raising taxes on the wealthy.With job creation, employment and corporate profits all up, yet wages stubbornly stagnant, many Americans feel that the system is flawed.

So perhaps it’s no surprise that Shkreli, a brash young CEO who defiantly quotes hip-hop artists on social media, has suddenly become a lightning rod.

Take one of his first comments on the current controversy. When confronted Sunday on Twitter by a journalist covering the drug industry, Shkreli said hiking the price of Daraprim was simply a “business decision.” “It’s a great business decision that also benefits all of our stakeholders,” Shkreli said. “I don’t expect the likes of you to process that.” When the journalist questioned hiking the price “5,000%,” Shkreli called him “a moron.”

“So there you have it,” the journalist, Fierce Biotech’s John Carroll, wrote later. “The unvarnished truth. It was a business decision. It was about money. And screw you.”

Shkreli has softened his stance since then, but his subsequent comments have similarly shown how his decision to raise the drug’s price is grounded in capitalism, or his understanding of it, at least.

“There’s no doubt — I’m a capitalist,” he told CBS. “I’m trying to create a big drug company, a successful drug company, a profitable drug company. We’re trying to flourish.”

Later, in the same interview, Shkreli appeared to echo Gordon Gekko’s infamous quote from “Wall Street” that “greed is good.”
""""""


‘Pharma bro’ Martin Shkreli and the very American debate over maximizing profit

Reality check for leftards: Big businesses have no political loyalties. They kiss the ass of whoever has power so they can do what businesses do - make money. Right now Goldman Sachs and Obama are swapping spit, and next year Goldman Sachs will be in bed with whoever wins. Mitsubishi and Volkswagen happily worked for some of the most evil regimes in history, and today are in bed with Democratic governments.

They only care about how to make more money.

 

[Book of Jeremiah]

Oooooh - kay! Looks like No Tea Party Pleez has just left the building folks!
Moving right along here..........!

Sorry, Sorrymiah, he's actually all yours. HIs donations were more about acquiring leverage with Congress and not his personal political beliefs. And right now he's trying to call his lawyer while you wipe the egg off your face.

‘Pharma bro’ Martin Shkreli and the very American debate over maximizing profit
"""Although Shkreli has delivered different, at times conflicting statements about why his company, Turing Pharmaceuticals, raised the price of Daraprim, his answer has often boiled down to this: because of capitalism.

It’s unlikely that Shkreli set out to stir a debate about the limits of the American economic system, but that’s effectively what he has done. The controversy comes at a time of broad concern over inequality in this country. Bernie Sanders has made a presidential campaign out of the issue. Even Donald Trump is talking about raising taxes on the wealthy.With job creation, employment and corporate profits all up, yet wages stubbornly stagnant, many Americans feel that the system is flawed.

So perhaps it’s no surprise that Shkreli, a brash young CEO who defiantly quotes hip-hop artists on social media, has suddenly become a lightning rod.

Take one of his first comments on the current controversy. When confronted Sunday on Twitter by a journalist covering the drug industry, Shkreli said hiking the price of Daraprim was simply a “business decision.” “It’s a great business decision that also benefits all of our stakeholders,” Shkreli said. “I don’t expect the likes of you to process that.” When the journalist questioned hiking the price “5,000%,” Shkreli called him “a moron.”

“So there you have it,” the journalist, Fierce Biotech’s John Carroll, wrote later. “The unvarnished truth. It was a business decision. It was about money. And screw you.”

Shkreli has softened his stance since then, but his subsequent comments have similarly shown how his decision to raise the drug’s price is grounded in capitalism, or his understanding of it, at least.

“There’s no doubt — I’m a capitalist,” he told CBS. “I’m trying to create a big drug company, a successful drug company, a profitable drug company. We’re trying to flourish.”

Later, in the same interview, Shkreli appeared to echo Gordon Gekko’s infamous quote from “Wall Street” that “greed is good.”
""""""


‘Pharma bro’ Martin Shkreli and the very American debate over maximizing profit

Reality check for leftards: Big businesses have no political loyalties. They kiss the ass of whoever has power so they can do what businesses do - make money. Right now Goldman Sachs and Obama are swapping spit, and next year Goldman Sachs will be in bed with whoever wins. Mitsubishi and Volkswagen happily worked for some of the most evil regimes in history, and today are in bed with Democratic governments.

They only care about how to make more money.

The big Pharma Lobbyists are all in with the Clinton's and Obama I believe. That is reason enough to vote Trump into office and send these people packing. Trump will throw them out. Clinton will give them a seat at her table. People are known to seek their own kind of company. It is what it is. Vote Trump 2016.

 

[depotoo]

You guys are sooooo blind. Absolutely blind and hand fed, without any ability to research on your own. If the Dem's, progressives say it, it must be true. Wrong, and wrong. Yet you fall for it every time.

Oooooh - kay! Looks like No Tea Party Pleez has just left the building folks!
Moving right along here..........!

Sorry, Sorrymiah, he's actually all yours. HIs donations were more about acquiring leverage with Congress and not his personal political beliefs. And right now he's trying to call his lawyer while you wipe the egg off your face.

‘Pharma bro’ Martin Shkreli and the very American debate over maximizing profit
"""Although Shkreli has delivered different, at times conflicting statements about why his company, Turing Pharmaceuticals, raised the price of Daraprim, his answer has often boiled down to this: because of capitalism.

It’s unlikely that Shkreli set out to stir a debate about the limits of the American economic system, but that’s effectively what he has done. The controversy comes at a time of broad concern over inequality in this country. Bernie Sanders has made a presidential campaign out of the issue. Even Donald Trump is talking about raising taxes on the wealthy.With job creation, employment and corporate profits all up, yet wages stubbornly stagnant, many Americans feel that the system is flawed.

So perhaps it’s no surprise that Shkreli, a brash young CEO who defiantly quotes hip-hop artists on social media, has suddenly become a lightning rod.

Take one of his first comments on the current controversy. When confronted Sunday on Twitter by a journalist covering the drug industry, Shkreli said hiking the price of Daraprim was simply a “business decision.” “It’s a great business decision that also benefits all of our stakeholders,” Shkreli said. “I don’t expect the likes of you to process that.” When the journalist questioned hiking the price “5,000%,” Shkreli called him “a moron.”

“So there you have it,” the journalist, Fierce Biotech’s John Carroll, wrote later. “The unvarnished truth. It was a business decision. It was about money. And screw you.”

Shkreli has softened his stance since then, but his subsequent comments have similarly shown how his decision to raise the drug’s price is grounded in capitalism, or his understanding of it, at least.

“There’s no doubt — I’m a capitalist,” he told CBS. “I’m trying to create a big drug company, a successful drug company, a profitable drug company. We’re trying to flourish.”

Later, in the same interview, Shkreli appeared to echo Gordon Gekko’s infamous quote from “Wall Street” that “greed is good.”
""""""


‘Pharma bro’ Martin Shkreli and the very American debate over maximizing profit

 

[waltky]

Hey lookit! What happened to dat smug, self-satisfied grin?...

Turing Pharma seeks CEO to replace Shkreli, plans job cuts
23 Dec.`15 - Turing Pharmaceuticals said on Tuesday it is seeking a new chief executive to replace Martin Shkreli, the price-gouging entrepreneur who is facing U.S. charges of securities fraud, and will cut jobs in a restructuring.

The private Swiss-based company will also expand its board to include new, independent members, it added. Shkreli, 32, resigned as CEO on Friday, a day after his arrest on charges that he had engaged in a Ponzi-like scheme. He pleaded not guilty and was released on $5 million bail.

Martin Shkreli (C), chief executive officer of Turing Pharmaceuticals and KaloBios Pharmaceuticals Inc, departs U.S. Federal Court after an arraignment following his being charged in a federal indictment filed in Brooklyn relating to his management of hedge fund MSMB Capital Management and biopharmaceutical company Retrophin Inc. in New York​

On Monday, KaloBios Pharmaceuticals said Shkreli was "terminated" as CEO and had resigned from the board. Turing did not specify the number of job cuts in a statement. It could not be immediately reached for comment.

"These staff changes put us in the best position to continue executing on our long-term plan," said Chairman and Interim Chief Executive Ron Tilles, who took over Shkreli's job on Friday. Shkreli gained notoriety when, as Turing's CEO, he raised the price of a life saving drug overnight to $750 from $13.50.

Turing Pharma seeks CEO to replace Shkreli, plans job cuts