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kladner 2015-12-17 16:45

Martin Shkreli arrested by FBI over hedge fund investigation
 
[URL="http://www.theguardian.com/us-news/2015/dec/17/martin-shkreli-arrested-by-fbi-over-hedge-fund-investigation"]Seems like some chickens are coming home to poop.[/URL] :devil::davar55:

[QUOTE]Controversial pharmaceutical entrepreneur Martin Shkreli, the man recently dubbed “[URL="http://www.motherjones.com/mojo/2015/12/pharma-ceo-martin-shkreli-was-just-arrested-securities-fraud"]the most hated man in America[/URL]”, has been arrested by the FBI and charged with “widespread fraudulent conduct”.

Agents from the FBI arrested the 32-year-old hedge fund manager turned drug boss at his apartment in Manhattan on Thursday morning. Shkreli, who is now chief executive of Turing Pharmaceuticals, was charged with wire and securities fraud stemming from his time as manager of the hedge fund MSMB Capital Management and chief executive of biopharmaceutical company Retrophin.

Evan Greebel, a corporate lawyer at attorney Kaye Scholer, was also arrested and accused of helping Shkreli.

The charges do not relate to a continuing but separate controversy that turned Shkreli into a lightning rod [URL="http://www.theguardian.com/business/2015/nov/25/martin-shkreli-hiv-drug-daraprim-turing"]for the soaring prices of prescription drugs[/URL].
[/QUOTE]

davar55 2015-12-19 15:44

Of course, the practice of capitalism must be accompanied by
a rule of rational law. Fraud and incompetence do occur, and
those who work for themselves and/or others without attempting
to harm others or violate their rights, should receive the protection
of the law. Those who act deliberately to harm others, other than
in their own self-defense or to defend others' rights, must see
their actions judged appropriately.

only_human 2015-12-19 17:36

[QUOTE=davar55;419648]Those who act deliberately to harm others, other than
in their own self-defense or to defend others' rights, must see
their actions judged appropriately.[/QUOTE]So first we need to punish the cops and the lawyers

kladner 2015-12-19 18:01

[QUOTE=only_human;419652]So first we need to punish the cops and the lawyers[/QUOTE]

That is practically Shakespearean!

"The first thing we must do is kill all the lawyers."

only_human 2015-12-19 18:08

[QUOTE=kladner;419658]That is practically Shakespearean!

"The first thing we must do is kill all the lawyers."[/QUOTE]
He clearly saw the necessity - and we still haven't got around to it.

xilman 2015-12-19 19:57

[QUOTE=kladner;419658]That is practically Shakespearean!

"The first thing we must do is kill all the lawyers."[/QUOTE]I suggest that you read the surrounding material which supplies important context.

only_human 2015-12-19 21:47

[QUOTE=xilman;419674]I suggest that you read the surrounding material which supplies important context.[/QUOTE]
This seem good:
[url]http://www.spectacle.org/797/finkel.html[/url]

All kidding aside in at least one good way lawyers are like cops in that when you want one, you [I]really[/I] want one.

Oh, I just remembered a humorous sign language word. The (true) sign for Shakespeare is a gesture of a person shaking a spear.

An aunt of mine worked at Western Union during the [URL="https://en.wikipedia.org/wiki/Wall_Street_Crash_of_1929"]Wall Street stock crash of 1929[/URL]. She said that the telegrams that went through there were horrific - including mention of things like jumping out of windows.

Predator and prey dynamics should be used more often to examine economic dynamics. Just recently I saw somewhere about them being used to model turbulence. Although stability often comes by having no booms of busts of either predator or prey, utopianistic thinkers should note that a salient feature of the food chain is the chain.

ewmayer 2015-12-19 22:46

[QUOTE=kladner;419524][URL="http://www.theguardian.com/us-news/2015/dec/17/martin-shkreli-arrested-by-fbi-over-hedge-fund-investigation"]Seems like some chickens are coming home to poop.[/URL] :devil::davar55:[/QUOTE]

On a humorous note:

[url=www.newyorker.com/humor/borowitz-report/lawyer-for-martin-shkreli-hikes-fees-five-thousand-per-cent]Lawyer for Martin Shkreli Hikes Fees Five Thousand Per Cent - The Borowitz Report[/url] | The New Yorker
[quote]BROOKLYN (The Borowitz Report)—A criminal lawyer representing Turing Pharmaceuticals chief Martin Shkreli has informed his client that he is raising his hourly legal fees by five thousand per cent, the lawyer has confirmed.

Minutes after Shkreli’s [url=http://www.nytimes.com/2015/12/18/business/shkreli-fraud-charges.html]arrest on charges of securities fraud[/url], the attorney, Harland Dorrinson, announced that he was hiking his fees from twelve hundred dollars an hour to sixty thousand dollars.

Shkreli, who reportedly received the news about the price hike while he was being fingerprinted, cried foul and accused his attorney of “outrageous and inhumane price gouging.”

“This is the behavior of a sociopath,” Shkreli was heard screaming.

For his part, Shkreli’s lawyer was unmoved by his client’s complaint. “Compared to what he pays for [url=http://www.bloomberg.com/features/2015-martin-shkreli-wu-tang-clan-album/]an hour of Wu-Tang Clan[/url], sixty thou is a bargain,” he said.[/quote]

kladner 2015-12-20 02:09

[QUOTE=xilman;419674]I suggest that you read the surrounding material which supplies important context.[/QUOTE]

Indeed.
[url]http://shakespeare.mit.edu/2henryvi/2henryvi.4.2.html[/url]
A quarter to a third down the page.

davar55 2015-12-20 18:28

[QUOTE=kladner;419686]Indeed.
[URL]http://shakespeare.mit.edu/2henryvi/2henryvi.4.2.html[/URL]
A quarter to a third down the page.[/QUOTE]

Good thing for that context.
I wouldn't me or Shakespeare to be misinterpreted.

S485122 2015-12-28 06:03

Logically the answer to the criticism implied by the question "How many Africans were put on ships to the United States in chains ?" should be :

"Shame on you ! How dare you criticise the triangular trade which is among the roots of capitalism and (thus) freedom ?"

Jacob


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