Our server costs ~$56 per month to run. Please consider donating or becoming a Patron to help keep the site running. Help us gain new members by following us on Twitter and liking our page on Facebook!
Current time: September 5, 2026, 3:30 am

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Some Good News For A Change
#1
Some Good News For A Change
http://www.rawstory.com/2017/08/pharma-b...-of-fraud/

Quote:‘Pharma Bro’ Martin Shkreli convicted of fraud

Quote:“Prosecutors said a mountain of testimony and evidence at trial showed that Shkreli duped multiple investors into putting millions of dollars into two hedge funds he ran… by falsely claiming to have an excellent record of running such funds,” writes CNBC. “After getting their money, prosecutor said, Shkreli quickly lost much of it, and also used some of it to capitalize his infant pharmaceuticals company, Retrophin, even as he continued sending out financial statements to investors claiming positive returns.”


I'd worry that the WLB will pardon him because he loves business criminal assholes, except Shkreli violated the first rule of the upper 1%:  Thou shalt not steal from other rich motherfuckers.  If you steal from poor people they think that is fine.
Reply
#2
RE: Some Good News For A Change
(August 4, 2017 at 3:46 pm)Minimalist Wrote: http://www.rawstory.com/2017/08/pharma-b...-of-fraud/

Quote:‘Pharma Bro’ Martin Shkreli convicted of fraud

Quote:“Prosecutors said a mountain of testimony and evidence at trial showed that Shkreli duped multiple investors into putting millions of dollars into two hedge funds he ran… by falsely claiming to have an excellent record of running such funds,” writes CNBC. “After getting their money, prosecutor said, Shkreli quickly lost much of it, and also used some of it to capitalize his infant pharmaceuticals company, Retrophin, even as he continued sending out financial statements to investors claiming positive returns.”


I'd worry that the WLB will pardon him because he loves business criminal assholes,  except Shkreli violated the first rule of the upper 1%:  Thou shalt not steal from other rich motherfuckers.  If you steal from poor people they think that is fine.

BINGO,

Wells Fargo cheated the middle class and the working poor and nobody went to prison. Madoff ripped off his own class and that is why he is doing time. 

It is only a crime when you hurt the rich.
Reply
#3
RE: Some Good News For A Change
A really great book is Glenn Greewald's "With Liberty and Justice for Some".

The flag-waving assholes will hate it but who cares what they think.
Reply



Possibly Related Threads...
Thread Author Replies Views Last Post
  Noteworthy News Paraselene 6663 1641281 8 hours ago
Last Post: BrianSoddingBoru4
  Streaming News Paraselene 9 6008 November 18, 2024 at 2:29 pm
Last Post: Paraselene
  In the news... Angrboda 5 1856 September 15, 2024 at 2:33 pm
Last Post: Angrboda
Smile Good News from France and the UK Leonardo17 11 3438 July 9, 2024 at 3:30 pm
Last Post: Mr Greene
  Where does your news network lean? Paraselene 6 2146 March 6, 2023 at 11:01 am
Last Post: Deesse23
  The Black/White people news thread for all news current, historical, or otherwise. Huggy Bear 77 16152 February 14, 2022 at 2:47 am
Last Post: Fake Messiah
  A news followup Paraselene 1 550 August 31, 2021 at 9:20 pm
Last Post: Paraselene
  Is this fake news? I hope so, but I do not know... FlatAssembler 5 2035 June 2, 2021 at 4:24 am
Last Post: BrianSoddingBoru4
  Assholes in the news Fake Messiah 195 43354 May 6, 2021 at 7:51 pm
Last Post: Fireball
  Good News for a Change. onlinebiker 6 2060 February 7, 2021 at 11:52 am
Last Post: onlinebiker



Users browsing this thread: 1 Guest(s)