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Economics Discuss Eccentric hedge fund operator guilty of fraud at the Political Forums; This is a great read, really. Many will react to what he said at the end of the article.. One ...

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Old 08-05-2017, 12:48 AM
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Default Eccentric hedge fund operator guilty of fraud

This is a great read, really. Many will react to what he said at the end of the article.. One dude...
Making this a worthy item to talk about, debate ideas and feelings as this man was/is greedy, self centered and not caring about his fellow man. But this is IMHO only..

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Eccentric hedge fund operator Martin Shkreli found guilty of fraud

Associated Press, TOM HAYS, 9 hrs ago

Martin Shkreli, the eccentric former pharmaceutical CEO notorious for a price-gouging scandal and for his snide "Pharma Bro" persona on social media, was

convicted Friday on federal charges that he deceived investors in a pair of failed hedge funds.

A Brooklyn jury deliberated five days before finding Shkreli guilty on three of eight counts. He had been charged with securities fraud, conspiracy to commit securities fraud and conspiracy to commit wire fraud.

Prosecutors had accused Shkreli of repeatedly misleading investors about what he was doing with their money. Mostly, he was blowing it with horrible stock picks, forcing him to cook up a scheme to recover millions in losses, they said.

Shkreli, 34, told "lies upon lies," including claiming he had $40 million in one of his funds at a time when it only had about $300 in the bank, Assistant U.S. Attorney Alixandra Smith said in closing arguments. The trial "has exposed Martin Shkreli for who he really is a con man who stole millions," added another prosecutor, Jacquelyn Kasulis.

But the case was tricky for the government because investors, some wealthy financiers from Texas, testified at the trial conceded that Shkreli's scheme actually succeeded in making,

.................................................. .... Continued At Site
https://www.msn.com/en-us/money/comp...aud/ar-AApqRuj
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Old 08-05-2017, 05:33 AM
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Default Re: Eccentric hedge fund operator guilty of fraud

He is one of those guys just looking at him makes you want to beat him up, and when he talks it makes it worse. Hope he has a nice time in prison.
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Old 08-05-2017, 08:50 PM
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Default Re: Eccentric hedge fund operator guilty of fraud

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Originally Posted by Surly View Post
He is one of those guys just looking at him makes you want to beat him up, and when he talks it makes it worse. Hope he has a nice time in prison.
In prison where most have harmed one or two, okay some a bit more. But this low ball crap of a human has ruin so many more. And he will now pay for each person he harmed..

C'mon little guy I'm your daddy, and there are others who want to play with you..

And they ought to take a hard look at those Texas investors, for trying to say it was well and good business.
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Old 08-06-2017, 12:32 PM
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Default Re: Eccentric hedge fund operator guilty of fraud

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Originally Posted by mlurp View Post
In prison where most have harmed one or two, okay some a bit more. But this low ball crap of a human has ruin so many more. And he will now pay for each person he harmed..

C'mon little guy I'm your daddy, and there are others who want to play with you..

And they ought to take a hard look at those Texas investors, for trying to say it was well and good business.
So much pleasure in the misery of others. Two of the 3 convictions are for conspiracy called the prosecutors friend for the ease of convicting the prosecutors target. But hey, the guy is pond scum for raising the price of medication so lock him up and anyone who presented exculpatory evidence ought to be punished as well.
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Old 08-06-2017, 09:39 PM
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Default Re: Eccentric hedge fund operator guilty of fraud

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Originally Posted by mlurp View Post
In prison where most have harmed one or two, okay some a bit more. But this low ball crap of a human has ruin so many more. And he will now pay for each person he harmed..

C'mon little guy I'm your daddy, and there are others who want to play with you..

And they ought to take a hard look at those Texas investors, for trying to say it was well and good business.
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Originally Posted by AZRWinger View Post
So much pleasure in the misery of others. Two of the 3 convictions are for conspiracy called the prosecutors friend for the ease of convicting the prosecutors target. But hey, the guy is pond scum for raising the price of medication so lock him up and anyone who presented exculpatory evidence ought to be punished as well.
............................................ ................... .... I was hoping this would be a topic to share thoughts on.. Kind of like, "build it and they will come." ..
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