China Posted December 4, 2015 Share Posted December 4, 2015 Turing’s Martin Shkreli regrets 5,000% price hike—says it wasn’t high enough In a Healthcare summit hosted by Forbes on Thursday, Martin Shkreli, the founder and CEO of Turing Pharmaceuticals, admitted he made a mistake by raising the price of a decades-old drug by more than 5,000 percent. But it’s not the mistake you might expect. In response to an audience member who asked him if he would have done anything differently in regard to raising the price of the drug, Daraprim, Shkreli replied, “I probably would have raised the price higher.” Click on the link for the full article Link to comment Share on other sites More sharing options...
zoony Posted December 4, 2015 Share Posted December 4, 2015 Editing out smartass retort - I'll meet you halfway: You're not all laissez-faire capitalists, evidently. That's a good thing, IMO, and I won't expect you to defend anyone else. But laissez-faire capitalists tend to be over-represented among libertarians, don't you think? "Libertarians" don't actually stand for anything since there really is no such thing as a functioning libertarian society or government in the history of mankind It is a religion for some, a way to be above the fray for others, and simply a way to "be right" on the Internet for others. So don't be surprised as their position constantly changes. I love their recent position that it takes government intervention to create free markets. LOL Link to comment Share on other sites More sharing options...
Burgold Posted December 4, 2015 Share Posted December 4, 2015 Turing’s Martin Shkreli regrets 5,000% price hike—says it wasn’t high enough In a Healthcare summit hosted by Forbes on Thursday, Martin Shkreli, the founder and CEO of Turing Pharmaceuticals, admitted he made a mistake by raising the price of a decades-old drug by more than 5,000 percent. But it’s not the mistake you might expect. In response to an audience member who asked him if he would have done anything differently in regard to raising the price of the drug, Daraprim, Shkreli replied, “I probably would have raised the price higher.” Click on the link for the full article nothing like doubling down. Link to comment Share on other sites More sharing options...
Predicto Posted December 4, 2015 Share Posted December 4, 2015 Whoops. I guess no one gave him that kick him in the nuts yet. Link to comment Share on other sites More sharing options...
Burgold Posted December 4, 2015 Share Posted December 4, 2015 Whoops. I guess no one gave him that kick him in the nuts yet. ... or he liked it and is saying, "Please sir, can I have another!" Link to comment Share on other sites More sharing options...
No Excuses Posted December 9, 2015 Share Posted December 9, 2015 In an interesting turn of events http://www.bloomberg.com/features/2015-martin-shkreli-wu-tang-clan-album/ Pharma's Bad Boy Exec Martin Shkreli Paid $2 Million for Wu-Tang Clan's New Record It was one of the greatest sales pitches the music industry has ever heard. In March 2014, Robert Diggs, better known as RZA, the producer and de facto leader of the Wu-Tang Clan, the iconic rap group, announced that the Clan would create only one copyof its next album, Once Upon a Time in Shaolin, and sell it to the highest bidder. “We’re about to put out a piece of art like nobody else has done in the history of music,” RZA told Forbes. “We’re making a single-sale collector’s item. This is like someone having the scepter of an Egyptian king.” Initially, the Clan wanted to forbid the buyer from publicly releasing the album for 88 years, but over time decided to grant the buyer total freedom as long as the album wasn’t sold commercially. That meant the owner could listen to the record in a soundproof room, drive a pickup truck over it, or release it for free on the Internet. If the owner desired, he could be the only one who ever heard it. In an era where people are happy to stream music rather than actually possess it, Once Upon a Time in Shaolin offered a chance to own something truly unique. Having participated in bidding wars for companies and drugs, Shkreli says he had a feeling from the start that he’d made the highest offer for Shaolin. As it turned out, he was right. Shkreli won’t say how much he paid. But someone familiar with the deal says that the Wu-Tang Clan sold him the album for $2 million. Before he closed on the acquisition, Shkreli was permitted to listen to a few more snippets to make sure it was all there. Shkreli delegated the task to an employee. The same month, news broke that Shkreli’s new company, Turing Pharmaceuticals, had purchased an anti-parasitic drug called Daraprim and raised its price from $13.50 a pill to $750. Democratic presidential candidate Hillary Clinton denounced him. “Price gouging like this in the specialty drug market is outrageous,” Clinton tweeted. Her Republican opponent Donald Trump also attacked Shkreli. “He looks like a spoiled brat to me,” Trump said. The BBC wrote that Shkreli “may be the most hated man in America.” Link to comment Share on other sites More sharing options...
Xameil Posted December 9, 2015 Share Posted December 9, 2015 He was probably the only bidder above 50 bucks Link to comment Share on other sites More sharing options...
Bang Posted December 9, 2015 Share Posted December 9, 2015 They should tell him to stick it up his ass and sell it to whoever was next. Pretty nifty idea, I must say. ~Bang Link to comment Share on other sites More sharing options...
Barney B Posted December 9, 2015 Share Posted December 9, 2015 They should sell him an album that consists of an hour of Wu-Tang Clan hitting the bong and farting into the microphone - no doubt Martin Shkreli would still be happy, just as long as he could keep everyone else from hearing it. Then after a week, Wu-Tang Clan could release an album of real music for broad distribution, and sell plenty of copies. Everybody wins. Link to comment Share on other sites More sharing options...
@DCGoldPants Posted December 9, 2015 Share Posted December 9, 2015 No, now that he bought it. They should give it away to the public for free online like De La Soul did with all their music last year. Link to comment Share on other sites More sharing options...
Mufumonk Posted December 9, 2015 Share Posted December 9, 2015 They should sell him an album that consists of an hour of Wu-Tang Clan hitting the bong and farting into the microphone - no doubt Martin Shkreli would still be happy, just as long as he could keep everyone else from hearing it. Then after a week, Wu-Tang Clan could release an album of real music for broad distribution, and sell plenty of copies. Everybody wins. Link to comment Share on other sites More sharing options...
Sacks 'n' Stuff Posted February 5, 2016 Share Posted February 5, 2016 This guy is a douchebag of the highest magnitude. Did anyone else see him in front of congress today? I don't know if that was a trial but if so, I hope they find him guilty and sentence him to get kicked in the nuts one time by everybody who wants to. Link to comment Share on other sites More sharing options...
BRAVEONTHEWARPATH93 Posted February 5, 2016 Share Posted February 5, 2016 This guy actually went on the top hip hop radio show for an interview. He really thinks he's a star lol. And he also said he'll slap the **** out of Ghostface Killa from Wu Tang. He needs to understand that even multimillionaires can be touched... Link to comment Share on other sites More sharing options...
Sacks 'n' Stuff Posted February 5, 2016 Share Posted February 5, 2016 Here he is douching it up in front of congress. Link to comment Share on other sites More sharing options...
BornaSkinsFan83 Posted February 5, 2016 Share Posted February 5, 2016 And he also said he'll slap the **** out of Ghostface Killa from Wu Tang. He needs to understand that even multimillionaires can be touched... Link to comment Share on other sites More sharing options...
zoony Posted February 5, 2016 Share Posted February 5, 2016 Technically he is one of the job creators that the GOP claims we must admire Link to comment Share on other sites More sharing options...
chipwhich Posted February 5, 2016 Share Posted February 5, 2016 Technically he is one of the job creators that the GOP claims we must admire I thought it was the Kardashian porn star royalty. Link to comment Share on other sites More sharing options...
Gamebreaker Posted February 5, 2016 Share Posted February 5, 2016 I wonder how much he paid those guys to talk all grimey with masks on for that video. Link to comment Share on other sites More sharing options...
DCSaints_fan Posted February 5, 2016 Share Posted February 5, 2016 I really hope they find a way to put him in pound me in the ass prison Link to comment Share on other sites More sharing options...
Old Bay Posted February 5, 2016 Share Posted February 5, 2016 He's crossed the line from ordinary villainy to cartoonish super villainy and we're witness to his origin story. Link to comment Share on other sites More sharing options...
Barney B Posted February 5, 2016 Share Posted February 5, 2016 There might be at least a 1% chance that this guy doesn't spend his entire day coked up out of his mind. I'd bet he'd be honored to have Charlie Sheen star in a move about his life. Link to comment Share on other sites More sharing options...
Bang Posted February 5, 2016 Share Posted February 5, 2016 Summon his ass in there every day. Disrupt his life as much as absolutely legally possible. Raid his house on tips of drug activity as often as you can. Arrest him for every single little thing you can. Follow him every time he leaves his house, and if he goes 1 MPH over the speed limit, pull him over and search his car with the dogs, that won't get there for at least an hour. Do the same thing with any known associates. It's not like congress has anything else to do.. I'd much rather see my tax dollars go towards making this asshole's life miserable than more of the usual do-nothing bull****. ~Bang Link to comment Share on other sites More sharing options...
mcsluggo Posted February 5, 2016 Share Posted February 5, 2016 He's crossed the line from ordinary villainy to cartoonish super villainy and we're witness to his origin story. yeah.. i'm starting to like him. i hope he buys a cape and mask for his next trial date, and starts talking in rhyme. Maybe he can grow a moustache that he can wax and twirl while he ties maidens to railroad tracks? Link to comment Share on other sites More sharing options...
Rocky21 Posted February 5, 2016 Share Posted February 5, 2016 Remember this guy is only out on bail right now and has been charged with securities fraud. He's gonna get his. Link to comment Share on other sites More sharing options...
Chew Posted February 5, 2016 Share Posted February 5, 2016 Taunting Ghostface is not a wise thing to do.... Link to comment Share on other sites More sharing options...
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