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Martin Shkreli, "America's Most Hated", "Price Gouging" Biotech Mogul Arrested For Securities Fraud, Released On $5 MM Bond

Tyler Durden's picture




 

Update: Shkreli was released on a $5 million bond after a hearing Thursday, and had his travel restricted to parts of New York. It was not immediately clear how he pleaded to the charges.  Evan Greebel, whom the SEC said was Shkreli's lawyer, also faces a count of wire fraud conspiracy. He was arrested Thursday and released on a $1 million bail.

It is unclear if somehow Shkreli got 2.5x leverage on repackaged Collateralized Wu Tang Obligations.

* * *

The “most hated man in America” just got arrested for securities fraud.

  • SHKRELI, CEO REVILED FOR DRUG PRICE GOUGING, ARRESTED FOR FRAUD
  • N.Y. LAWYER EVAN GREEBEL ARRESTED IN SHKRELI INVESTIGATION

Shkreli, the baby faced, former Jim Cramer protege and serial biotech mogul who famously raised the price of a toxoplasmosis drug by 5000% in September, igniting a media and political firestorm in the process, is accused of using Retrophin (a company he founded and ran until he was ousted by the board) as a kind of slush fund. As an aside, you’re reminded that Retrophin once raised the price of a drug used to treat a rare condition that causes reoccurring kidney stones from $1.50 a pill to $30.

Retrophin claims that after Shkreli’s hedge fund, MSMB Capital, went bust after a $7 million loss on a “disastrous” trade with Merrill Lynch four years ago, he used a series of complex transactions involving Retrophin to pay back MSMB’s investors.

“Retrophin sued Shkreli in August for misuse of company funds,” Bloomberg recounts. The company “claims he engineered numerous transactions between investors in MSMB and the biotechnology firm.” 

Retrophin goes on to allege that “Shkreli paid some [MSMB] investors through fake consulting agreements and others through unauthorized appropriations of stock and cash”

At one point, Shkreli allegedly decided to reclassify a $900,000 investment MSMB made in Retrophin as a loan. So basically, he invested in himself and then decided later that he had actually loaned himself money and needed to pay himself back. Retrophin did indeed pay back the “borrowings” and Shkreli subsequently used the funds to “settle another unrelated legal dispute.”

As Bloomberg goes on to note, “The Securities and Exchange Commission, which according to court documents opened an investigation into Shkreli in 2012, is expected to file a parallel civil complaint against him, according to people familiar with the matter.”

While Shkreli is known for laughing in the face of criticism and ridicule, this one might be hard to shrug off. It’s at least possible he could end up banned from running a public company, meaning Turing and KaloBios would need to find new executives (maybe Joe Campbell's KBIO short will pay off after all).

“Some of these companies seem to act more like hedge funds than traditional pharmaceutical companies,” said Senator Susan Collins, a Maine Republican who ran the recent hearing into the soaring cost of specialty drugs.

On the bright side for Shkreli, he'll have plenty of time to listen to the one-of-a-kind Wu-Tang album he bought in May for $2 million if he ends up incarcerated.

Incidentally, we predicted this might happen way back in September when we said that while "we doubt the SEC will investigate his shorting activity of biotech indices - we are confident the young 'hedge funder' will have bigger headaches to deal with soon enough."

And as for the ultimate punchline - drumroll - Shrekli had planned a meeting just two days ago with lawyers for incarcerated rapper "Bobby Shmurda" who Shrekli planned to bail out of jail. We'll close with the following quote from Shkreli, who spoke to Vanity Fair

“We’re actually in discussion to try to bail out Bobby Shmurda. Forget whether you think he’s guilty or not, the guy should not be sitting in jail right now. He deserves a fair trial. He deserves good lawyers. He doesn’t have good lawyers. His label is hanging him out to dry and so I have a conference call tomorrow morning with them (December 15). I’ll show up with $2 million bail money no fucking problem.”

Better save that $2 million in bail money Martin. You may need it for yourself.

 

Meanwhile, Jim Cramer is getting nervous:

 

Full indictment:

Sh Krel i Indictment

 

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Thu, 12/17/2015 - 08:21 | 6934321 90's Child
90's Child's picture

This means nothing when Jon Corzine still walks free.

Thu, 12/17/2015 - 08:27 | 6934343 duo
duo's picture

At least ONE person has been arrested for securities fraud since Madoff.  He'll walk, but it is a start.

This is a good old-fashioned shakedown.  "Lower the price of your drugs, take the political heat off the Pharma-industrial complex, and you'll go free."

Thu, 12/17/2015 - 08:36 | 6934371 RonArgent
RonArgent's picture

ObowelMovement and the JustUs department at "work"

Thu, 12/17/2015 - 08:48 | 6934395 Divided States ...
Divided States of America's picture

Typical sneaky Jew

Its about time.

Next one to go to the slammer should be his mentor Cramer

Thu, 12/17/2015 - 08:51 | 6934399 Occident Mortal
Occident Mortal's picture

This Shkreli guy is small fry.

 

I remember the British media tycoon Robert Maxwell, who legally stole £440m (in 1991 GBP) from the pension fund of his company’s employees.

He was disappeared from his luxury yacht by the SBS and his bloated corpse was winched out of the North Atlantic off the coast of Tenerife.

 

He was buried in Jerusalem.

Thu, 12/17/2015 - 09:18 | 6934475 NidStyles
NidStyles's picture

He must have missed a payment to his Rabbi.

Thu, 12/17/2015 - 09:25 | 6934488 AlaricBalth
AlaricBalth's picture

Or he didn't donate enough to Hillary and Mitch, among others

SHKRELI, MARTIN BEDFORD NY 10506 ALBA CONSULTANT CLINTON, HILLARY RODHAM VIA HILLARY CLINTON FOR PRESIDENT 12/28/2007 1000.00 28931910444

SHKRELI, MARTIN BEDFORD NY 10506 ALBA CONSTRUCTION CONNECTICUT DEMOCRATIC STATE CENTRAL COMMITTEE 06/30/2014 2500.00 14950077459

SHKRELI, MARTIN MAHOPAC NY 10541 ALBA CONSTRUCTION KERRY, JOHN F VIA JOHN KERRY FOR PRESIDENT INC 03/23/2004 1000.00 25971251047

SHKRELI, MARTIN MR BEDFORD NY 10506 ALBA GENERAL CONTRACTORS MCCONNELL, MITCH VIA MCCONNELL SENATE COMMITTEE 10/02/2014 1000.00 14021112668

I'm willing to bet Hillary didn't return his money after blasting him in the media.

Thu, 12/17/2015 - 09:26 | 6934494 NidStyles
NidStyles's picture

Hillary is beholden to the CFR. She's just another pawn, not in charge of anything. 

Thu, 12/17/2015 - 09:38 | 6934522 Latina Lover
Latina Lover's picture
Unlike that filthy sack of shit Corzine, Martin Shkreli isn't an  market insider,  hence his arrest.  On the other hand, Martin, as a bona fide amoral psychopath, does have a future as a Washington insider.
Thu, 12/17/2015 - 09:51 | 6934587 divingengineer
divingengineer's picture

That scrawny little punk is going to be the Belle of the Ball on Rikers Island.

Hey Martin, watch out for your cornhole son!

Thu, 12/17/2015 - 09:59 | 6934636 J Jason Djfmam
J Jason Djfmam's picture

Nailgun his nuts to a treestump and push him over.

Thu, 12/17/2015 - 10:03 | 6934653 Tom Servo
Tom Servo's picture

He needs to become someone's bitch quick, yahweh knows he's not going to be kicking anyone's ass...

 

Thu, 12/17/2015 - 10:27 | 6934756 Okienomics
Okienomics's picture

On the news he will be Bubba's bitch...

 

http://zach-doesnt-care.tumblr.com/image/46813299860

Thu, 12/17/2015 - 11:01 | 6934950 pods
pods's picture

Martin's poopchute is gonna be winking like a cyclops in a rainstorm when they are done with him.

-Doug Stanhope on the analogy

Thu, 12/17/2015 - 11:19 | 6935029 Manthong
Manthong's picture

1 down, 19,653 to go.

Thu, 12/17/2015 - 11:30 | 6935115 Save_America1st
Save_America1st's picture

gee, looks like after all these years they finally found a cell mate for Bernie Madoff.

 

Somewhere....out there....Jon Corzine laughs

Thu, 12/17/2015 - 12:15 | 6935355 pelican
pelican's picture

Ha Ha.... His bail might be nothing to him, but the stress of dealing with the federal government will get to him.

 

 

Thu, 12/17/2015 - 13:26 | 6935675 847328_3527
847328_3527's picture

Praise Allah!

Thu, 12/17/2015 - 14:07 | 6935867 Stainless Steel Rat
Stainless Steel Rat's picture

Some prosecuter is going to win a lot of fans.  I think it is going to be tough for the kid to beat this.

Thu, 12/17/2015 - 14:15 | 6935900 Silky Johnson
Silky Johnson's picture

My prediction? Rape, a lot of rape.

Thu, 12/17/2015 - 14:37 | 6936004 The Limerick King
The Limerick King's picture

 

 

Martin Shkreli's arrested

Was ever a man so detested

Let's throw him in jail

Deny him his bail

And pray he's routinely molested


Thu, 12/17/2015 - 16:12 | 6936503 Save_America1st
Save_America1st's picture

I guess that's why obama won't ever be thrown in jail for his crimes...he'd enjoy the "punishment" waaaaaaaaaaaay too much.  Always droppin' the soap, lol.

Thu, 12/17/2015 - 16:44 | 6936686 DaveyJones
DaveyJones's picture

so Martin's gone
to the joint

I doubt he's gotten "the point"

but I speak too soon

and by the next full moon

they will shower, scrub and anoint

Thu, 12/17/2015 - 15:49 | 6936362 still kicking
still kicking's picture

I see all the legal bills that come through the company I work for, his bail is NOTHING compared the securities lawyer fees he is going to be paying.  That shit might bankrupt him before the SEC fines him anything.

Thu, 12/17/2015 - 16:37 | 6936639 Raging Debate
Raging Debate's picture

Stupid kid. Should have kept his mouth shut when arrested. I am sure his ego will be cut down to size by the time this is over. 

Thu, 12/17/2015 - 12:35 | 6935452 vollderlerby
vollderlerby's picture

19,653  and another 535 in DC

Thu, 12/17/2015 - 10:27 | 6934770 Okienomics
Okienomics's picture

.

Thu, 12/17/2015 - 15:14 | 6936160 BKbroiler
BKbroiler's picture

So the sole owners of Wu-Tang's new record will be the fucking FBI. Couldn't have seen that coming.

Thu, 12/17/2015 - 15:32 | 6936251 Crash Overide
Crash Overide's picture

Who the fuck is Bobby Shmurda?

Thu, 12/17/2015 - 11:44 | 6935196 RafterManFMJ
RafterManFMJ's picture

Dunno Tom, he loves hanging with his boys, dem rappers, he's got dat street cred now...

Thu, 12/17/2015 - 12:18 | 6935373 Joe Sichs Pach
Joe Sichs Pach's picture

$2mil?  No problem, bail the guy out!  

 

He can just trade his one-of-a-kind copy of "Once Upon a Time In Shaolin" for the legal fees, right?

 

 

Thu, 12/17/2015 - 10:25 | 6934755 WillyGroper
WillyGroper's picture

Nah...give 'm an axe like the japs did.

Thu, 12/17/2015 - 12:10 | 6935328 PrezTrump
PrezTrump's picture

HOW DID I KNOW THIS WOULD HAPPEN 

Thu, 12/17/2015 - 13:41 | 6935744 cordial savage
cordial savage's picture

Because you have the best team of soothsayers.  Great guys.

Thu, 12/17/2015 - 14:36 | 6936003 PrezTrump
PrezTrump's picture

some of the smartest guys i have ever had the pleasure of reading

hope to meet them someday

Fri, 12/18/2015 - 09:11 | 6938635 StychoKiller
StychoKiller's picture

"The nail that sticks up gets pounded down."

Thu, 12/17/2015 - 18:20 | 6937112 nope-1004
nope-1004's picture

Tyical millenial:  Doesn't give a shit about society, doesn't give a shit about your health concerns, plays video games, and is single.

Oh, and of course, he's "successful", when measured by US "securities" standards.

Here's a fella that found a loophole and figured out a way to extort it to the max.  The SEC will use him as the pin up boy and probably ruin him, because he was stealing in broad daylight through anti-competitive pricing of a product and not under the cover of managing an ETF or dark pool fund, like the banksters do.

Thu, 12/17/2015 - 09:49 | 6934592 Bangin7GramRocks
Bangin7GramRocks's picture

They are going to "Abner Louima" this bitch morning, noon and night. See how smug he looks with a big dick in his mouth.

Fri, 12/18/2015 - 08:21 | 6938534 fallout11
fallout11's picture

"The biggest, blackest dick."

Thu, 12/17/2015 - 09:50 | 6934595 Laowei Gweilo
Laowei Gweilo's picture

time for dat WU TANG HEIST doe

Thu, 12/17/2015 - 13:41 | 6935738 cordial savage
cordial savage's picture

It's a hoax.

Thu, 12/17/2015 - 15:04 | 6936114 PTR
PTR's picture

Hillary is beholden to the CFR. She's just another pawn, not in charge of anything. 

 

True, but you better believe that she'll step on anyone to achieve her ambitions.  There's no distinction between friend and foe.

Thu, 12/17/2015 - 15:40 | 6936303 NidStyles
NidStyles's picture

Pretty sure anyone she comes against will be more than willing to step on her if she gets in the way of "progress".

Thu, 12/17/2015 - 16:19 | 6936537 jcdenton
jcdenton's picture

And just what exactlly -- this CFR?

 

A cursory examination of available intelligence on the DVD shows it to deeply parallel the Council on Foreign Relations. For years, intelligence organizations have stumbled over mysterious secret societies, cults, cabals and cartels. In order to add a sense of unity and structure, terms were developed — Khazarian Mafia, Bilderbergers, Illuminati, Black Nobility and many others including Dr. Preston James’ SSG (Secret Shadow Government).

 

What is known is that what we see — ISIS and its magical unseen allies, a world of rigged elections, manipulated economies and leaderless “empty hat” governments — cannot exist without a DVD. We know it isn’t about money… there is nothing left to buy.

 

Could or would a group exist only to dominate and destroy? Is there some inherent reward in entropy alone? Consider Bush or Blair, consider Cheney or Netanyahu. Is evil for evil’s sake alone so farfetched?

 

http://www.veteranstoday.com/2015/05/04/neo-so-much-more-than-nukes/

Amplification archive ..

https://app.box.com/s/hfgvcqg7gqh7i27at6sv53ywu87lwarp (Read Me First)

Plus read Preston James' latest ..

http://www.veteranstoday.com/2015/12/17/house-of-cards-empire-of-lies/

http://www.veteranstoday.com/2015/12/13/the-power-and-hegemony-of-the-in...

 

And, for the truly daring that dare go further down the rabbit hole, to comprehend how sinister forces, thousands of years old, contining to adorn a new and different face, to PREACH a very old and ancient idea ..

And, it is no Conspiracy ..

It is hidden in plain sight ..

It is propounded via tenured academics ..

It has passed, with flying colors, peer review ..

And this idea is more dangerous to the human race than any conceived before it. It aims to destroy humanity as we know it ..

It is NOT from another planet ..       It is from this one ..

 

Utopian Impulse as a Perversion of the Judeo-Christian Worldview

 

 

 

Pop Culture as High Priest of the Christian Religous World


Thu, 12/17/2015 - 18:26 | 6937137 Amish FinEng
Amish FinEng's picture

Let me put it bluntly.

KILL this fucking joo, then find Cramer and kill him too by cutting his head right off! Do it on plastic so we can save it and auction off Cramer blood.

Thu, 12/17/2015 - 18:31 | 6937148 Chris Dakota
Chris Dakota's picture

He donated to Bernie Sanders as well in October, then trolled Bernie on Twitter cuz Bernie gave his donation to an AIDS clinic.

Thu, 12/17/2015 - 18:58 | 6937270 Lumberjack
Lumberjack's picture

Alaric, I posited that in a comment yesterday and thank you for your work. I also posited that Hillz and her family shorted biotech after one of her "tweets" regarding the perp. They all went south and I know goddamn well that she was on a very good position to cash in. This asshole will disappear (could be another Ken Lay thingy)to a distant land via one of her charter jets and live the life... On the Ken Lay subject, Lots going on with the same peeps in the renewable energy; gas/oil; pipeline and water business with an IPO this AM. Spain is very involved and the Enron model with the Enron guys appears once again.

Thu, 12/17/2015 - 10:04 | 6934660 booboo
booboo's picture

You have DWB (Driving While Black so we must conclude OPWNBJ (Operating Ponzi While Not Being Jew)

Thu, 12/17/2015 - 17:48 | 6936292 Chris Dakota
Chris Dakota's picture

His Jewish laywer also arrested.

Evan Greebel

And YES HE IS JEWISH.

 

Alex Shkreli Architect same name Jewish Business connection

http://jwiz.com/business/alex-shkreli-architect-62640.html

Plus I know someone in Biotech who knows him, Jewish!

Stop lying about this dude.

Thu, 12/17/2015 - 17:52 | 6937017 robertocarlos
robertocarlos's picture

Bob.

Thu, 12/17/2015 - 23:34 | 6938130 r0mulus
r0mulus's picture

great comment. funny how that robert maxwell -> ghislane maxwell -> jeffrey epstein -> virginia roberts -> prince andrew stuff is all going around too. helps paint all of this into a better context- especially as it pertains to gov't interest in prosecuting!

Thu, 12/17/2015 - 09:01 | 6934425 TheFineKid
TheFineKid's picture

That's what happens when the man hand gets taken away. When a 120lb smart mouthed scumbag has no fear of being knocked the fuck out this shit will go on.

Thu, 12/17/2015 - 09:17 | 6934468 NidStyles
NidStyles's picture

I think my middle leg weighs more than this kid. 

Thu, 12/17/2015 - 11:19 | 6934995 fockewulf190
Thu, 12/17/2015 - 09:15 | 6934456 Bro of the Sorr...
Bro of the Sorrowful Figure's picture

slammer? let's kick it up a notch. wheres kchrisx (cant remember his exact username) with his "my guillotines are sharpened and ready" sign off? shotty pulling the pin on this asshole. "mogul"? go fuck yourself.

Thu, 12/17/2015 - 09:46 | 6934575 pot_and_kettle
pot_and_kettle's picture

This cunt is albanian.

Thu, 12/17/2015 - 17:53 | 6937018 Chris Dakota
Chris Dakota's picture

Jewish Albanian

Thu, 12/17/2015 - 10:14 | 6934708 Ward cleaver
Ward cleaver's picture

Gotta hand it to the tribe, play the race card by bailing out some thug. Any guesses on race of his lawyer? New protection racket

Thu, 12/17/2015 - 13:56 | 6935811 Blankenstein
Blankenstein's picture

Probably NOT jewish

"Shkreli is a historical tribe (and region) in Northern Albania (see Malësia). With expansion of the Ottoman Empire, part of the tribe migrated to Rugova beginning in ca. 1700, after which they continued to migrate into the Sandžak region (today inSerbia and Montenegro). The Shkreli tribe converted into Islam in the 18th century, while the Shkreli in Sandžak (known asŠkrijelj/Serbian???????) over time were Islamized and today declare Bosniak ethnicity. There are minor families which still adhere to Christianity (most of whom are Catholic, the rest Orthodox"

 

https://en.wikipedia.org/wiki/Shkreli_(tribe)

Thu, 12/17/2015 - 14:26 | 6935952 chunga
chunga's picture

If both Shkreli and the co-conspirator Greebel aren't in the tribe I'll eat my shoe.

Thu, 12/17/2015 - 15:33 | 6936247 Depression is Coming
Depression is Coming's picture

You think a Jew would be arrested for this?

We love to prosecute foreigners here. Anyone with a strange last name that isn't a Jew goes to jail.

I recommend a bit of ghost chili hot sauce for the shoe...unless they are UGGs, then maybe a turkey gravy?

Thu, 12/17/2015 - 15:42 | 6936317 NidStyles
NidStyles's picture

Jews will jail their own if they threaten the game. 

Thu, 12/17/2015 - 18:34 | 6937157 Amish FinEng
Amish FinEng's picture

Use to be real cops would kill this fuck-shit before he even got to the jailhouse.

Now we have this pretend Irish Fuckshit Commie running the show so when the joo got arrested Commie order that he first worshiped at the MLK statue then got as many calls as he wanted to joo lawyers....

http://winteractionables.com/?p=28433

I'm #FBI Comey and I luv the joos and nigras.

Thu, 12/17/2015 - 16:09 | 6936479 ali_baba
ali_baba's picture

Jew makes goyim eat his own shoe for ovelooking prime juden directive "thou shalt be jew no more if thoust scamest another JUWW (a la Bernie Madoff)".

Eat that fucking shoe goyim.

 

 

Fri, 12/18/2015 - 04:19 | 6938393 HowdyDoody
HowdyDoody's picture

<-- Someone at SEC has toxoplasmosis

<-- Someone at SEC has recurrent kidney stones

Thu, 12/17/2015 - 16:27 | 6936585 Thick Willy
Thick Willy's picture

Oy vey, is it another Shoah already?!

Thu, 12/17/2015 - 10:57 | 6934579 Urban Redneck
Urban Redneck's picture

Unless Loretta Lynch wants to make a public statement that in 2012 the DOJ assigned the Shkreli investigation to an epicaly slow and incompetent .gov quota monkey desk jockey, then the charges should be DROPPED, because the timeline (and the fact that it is almost 2016) indicates that the initial investigation did not find sufficient evidence to warrant an indictment, and thus this would be politically motivated prosecution.  

Mob justice is better left to the people than the State.

Thu, 12/17/2015 - 15:05 | 6936128 Dolar in a vortex
Dolar in a vortex's picture

How about the film maker who "caused" the Benghazi deaths? They jailed him.

This group of political criminals has a record of imprisoning innocents for personal gain. (Not to call Shrkelli  an innocent, but he is likely a political prisoner.)

Fri, 12/18/2015 - 02:59 | 6938344 MsCreant
MsCreant's picture

Just like the SEC looking into Smith and Wesson. I don't like this douche, but it is the same game. When they come for him we mock him. When they come for Smith and Wesson we say "Hey, fuck you Obama." 

We need to object to this shit across the board. We go after them all equally, anything else is unacceptable, no integrity. 

This guy is a turd, I hate to look like I am even remotely defending him. 

The big picture says I must. 

Thu, 12/17/2015 - 11:24 | 6935061 FireBrander
FireBrander's picture

NOTHING worse than DORKY little WHITE Guys that THINK they're BLACK!

What a total fucken loser.

Thu, 12/17/2015 - 11:27 | 6935088 FireBrander
FireBrander's picture

PS> Hey Janet! Thanks a lot! Your "policy" of PUMPING TRILLIONS "into the economoy" is what funds fucking assholes like "Martin"..in the 1970's, this fucker would have had trouble keeping a paper route job.

Thu, 12/17/2015 - 15:19 | 6936188 Ballin D
Ballin D's picture

dont hate the player, hate the game.  The old farts who designed this 'market' made his success possible, hate them.  Those old farts are the great minds from your 1970's golden years.

Thu, 12/17/2015 - 12:45 | 6935509 de3de8
de3de8's picture

Selective prosecution

Thu, 12/17/2015 - 14:56 | 6936073 FireBrander
FireBrander's picture

Martin is a rich WHITE guy that THINKS he's black...we can only hope he completes his journey to Blackness with a stint in the Big House...with REAL BLACKS, REAL POOR BLACKS...Yo' Bro, Waz Up!....FUCK YOU WHITE BOY! I AIN'T "Yo Bro"!...U MY BICH!

Of Course that's only if the "Deliverance" crowd doesn't get to him first...

Mountain Man: What do you want to do now?

Toothless Man: [grinning] He got a real pretty mouth ain't he?

Mountain Man: That's the truth

Toothless Man: [to Ed] You gonna do some prayin' for me, boy. And you better pray good.

Thu, 12/17/2015 - 08:41 | 6934377 VinceFostersGhost
VinceFostersGhost's picture

 

 

 

"I’ll show up with $2 million bail money no fucking problem.”

 

Even Corzine didn't have the balls to say double freakin dare you bitch.

 

This guy.....is special.

Thu, 12/17/2015 - 08:52 | 6934404 Momauguin Joe
Momauguin Joe's picture

Not special, just an unrealistically elevated level of sociopathic self-importance. 

Thu, 12/17/2015 - 08:58 | 6934417 VinceFostersGhost
VinceFostersGhost's picture

 

 

You mean like Paul Ryan?

Thu, 12/17/2015 - 09:14 | 6934454 BeansMcGreens
BeansMcGreens's picture

Pretty accurate but the word "weasel" needs to be added somewhere.

Thu, 12/17/2015 - 09:59 | 6934637 J Jason Djfmam
J Jason Djfmam's picture

Him too.

Thu, 12/17/2015 - 08:59 | 6934418 Never One Roach
Never One Roach's picture

Arrest a usa wall street business person? There must be some mistake.

Thu, 12/17/2015 - 09:07 | 6934430 VinceFostersGhost
VinceFostersGhost's picture

 

 

It's why we have the Bill of Rights.....sez right there.....noboby on Wall Street gets arrested.

Thu, 12/17/2015 - 09:50 | 6934601 commishbob
commishbob's picture

He's the Poster Child for the entire Millenial Generation - sense of self-entitlement, smug, arrogant and narcissistic. 

The only difference is that he actually made (stole) some money. 

Thu, 12/17/2015 - 10:55 | 6934914 MopWater
MopWater's picture

Have you seen American Psyco? I think that's the typical mindset for any of these Wall St. types...he's just more open about it...that's a millennial generation thing for sure.

Thu, 12/17/2015 - 14:19 | 6935923 commishbob
commishbob's picture

At least 3 precious snowflakes and their rooms full of participation trophies felt microaggressed by my comment above. 

Thu, 12/17/2015 - 10:25 | 6934761 More Ammo
More Ammo's picture

Special Ed?

Thu, 12/17/2015 - 11:29 | 6935105 Flagit
Flagit's picture

Why the upvotes?

That line in the headline was taken out of context, to the extreme.

It didn't have shit to do with the investigation or charges.

Thu, 12/17/2015 - 14:16 | 6935906 tenpanhandle
tenpanhandle's picture

 

"I’ll show up with $2 million bail money no fucking problem.”  He said that in regards to bailing out his jailed buddy Bobby Shmurda.  My guess is in his own case he is shitting his silk panties.

Thu, 12/17/2015 - 13:28 | 6935681 Farqued Up
Farqued Up's picture

Madoff would be in a tropical pool sipping Mai Tai's at this moment had he not targeted his tribal members for his dastardly thievery.

Thu, 12/17/2015 - 13:52 | 6935789 OldPhart
OldPhart's picture

You nailed it, Duo.

Thu, 12/17/2015 - 15:04 | 6936125 xtop23
xtop23's picture

I wouldn't give a pint of piss to be in the white collar world of business at this moment in time. All the easy prof it has been made and now that the host is dead the parasites are going to start attacking their own.

Next step; midnight black baggings ala China

Thu, 12/17/2015 - 15:44 | 6936324 JRobby
JRobby's picture

He will not walk. He will be "made an example of"

He is not in the club

Feelings of gratification over this are profoundly misguided.

Fri, 12/18/2015 - 03:05 | 6938349 MsCreant
MsCreant's picture

Agree. Just like going after Smith and Wesson. Politics. 

Thu, 12/17/2015 - 09:00 | 6934420 JRobby
JRobby's picture

It means Corzine is in the club

It means Shkreli is not in the club

 

It is a big club, and you ain't in it

Carlin

 

Thu, 12/17/2015 - 09:27 | 6934457 fleur de lis
fleur de lis's picture

Agree 100%. Shkreli was stupid to think for a split second that his chimpanzee psycopathy would be appreciated and covered by the other gorilla psychopaths.

Has anyone gone near Soros for all his financial malice? Did anyone ask Icky Vicky Neudelman where she got all the money for the Ukraine war? Has anyone been jailed or even questioned after the wild 2008 meltdown? Are the Clintons or Bushes any worse off?

Shkreli made the mistake of being a loose cannon in the world of financial psychopaths. They don't like that because it might bring negative attention to them. Not that it matters since the law does not apply to them, but who needs the inconvenience. It might make for embarrassing chit chat and giggles at receptions and parties.

Thu, 12/17/2015 - 12:54 | 6935550 Shizzmoney
Shizzmoney's picture

Big Pharma wants this guy gone! Making sure voters don't demand candidates 'do something' about prices.

Thu, 12/17/2015 - 13:15 | 6935623 JRobby
JRobby's picture

If Big Pharma wants you gone, you be gone.

Only Big Pharma will set the prices (in collusion with their Healthcare Insurer cartel)

Thu, 12/17/2015 - 09:16 | 6934464 lakecity55
lakecity55's picture

He just missed a payment to the Bath House Barry Fund; don't worry!

Thu, 12/17/2015 - 12:50 | 6935535 MrNosey
Fri, 12/18/2015 - 03:49 | 6938371 Down to Earth T...
Down to Earth Thinking's picture

No doubt, I hate that motherfucker, he cost me a lot of money and grief. But maybe some good will come, like Zuckerberg and Corzine sharing a cell one day or being at the liberty of the people they fucked along the way ? Pretty obvious Corzine is in hiding and laying low becasue he received many death threats from some serious badass bitches he fucked in Chicago. There will be recompense, bet on it. He fucked too many people out of far too much money. He will not be the only one either from the current regime to get their due. 

Thu, 12/17/2015 - 08:21 | 6934323 Philo Beddoe
Philo Beddoe's picture

Best news of the week....year. 

Thu, 12/17/2015 - 08:43 | 6934387 WestVillageIdiot
WestVillageIdiot's picture

I would pay $500 to punch him in the face, if that would help with his bail.

Thu, 12/17/2015 - 14:01 | 6935837 Lets_Eat_Ben
Lets_Eat_Ben's picture

Me too!

 

3998 face punches later he could be out

Thu, 12/17/2015 - 09:33 | 6934527 toady
toady's picture

Kinda surprised the SEC would look away from their midget tranny porn for this guy. Musta been a special request from on-high because of the price gouging stuff... can't have any verifiable, obvious, gouging going on in the obamacare realm!

Thu, 12/17/2015 - 21:40 | 6937863 Meat Hammer
Meat Hammer's picture

The first rule of Ass-Rape the American Public Club is you pretend to hate the ass-rapers of the American public.  He forgot the rule and forgot to hide the fact that he enjoys ass-raping the American public, so they had to make an example of him.

Now, speaking of ass-rape...enjoy prison, Martin!

Thu, 12/17/2015 - 08:23 | 6934326 overmedicatedun...
overmedicatedundersexed's picture

90's beat me to it..free corzine, oh and what religion is mr shkreli?? anyone want to guess..rymes with yew.

Thu, 12/17/2015 - 14:05 | 6935846 Lets_Eat_Ben
Lets_Eat_Ben's picture

ZH readers: Please understand the difference between Zionists and TrueTorahJews.org is night and day

Thank in you in advance

Thu, 12/17/2015 - 08:23 | 6934327 One Solution
One Solution's picture

Pigs get fat, hogs get slaughtered.

Thu, 12/17/2015 - 08:23 | 6934331 stitch-rock
stitch-rock's picture

This kid should be neutered for the sake of the species

Thu, 12/17/2015 - 08:24 | 6934333 JustObserving
JustObserving's picture

Maybe he can try for a 5000% increase in the price of his Wu-Tang album

Thu, 12/17/2015 - 10:08 | 6934677 Normalcy Bias
Normalcy Bias's picture

If he's goes to a Federal PMITA Prison, I predict a 5000% increase in the size of his rectum.

Thu, 12/17/2015 - 10:23 | 6934749 Lorca's Novena
Lorca&#039;s Novena's picture

Damn near killed him...

Thu, 12/17/2015 - 15:52 | 6936373 MayIMommaDogFac...
MayIMommaDogFace2theBananaPatch's picture

+5 lol

Thu, 12/17/2015 - 13:08 | 6935593 NeedleDickTheBu...
NeedleDickTheBugFucker's picture

I have a client in there right now.  He says the trick is, kick someone's ass the first day, or become someone's bitch.  Then everything will be all right.

Thu, 12/17/2015 - 15:47 | 6936347 JRobby
JRobby's picture

Diclosed regardless of attorney - client privacy

You are just jerking off and could not get an LSAT score high enough to get in

Thu, 12/17/2015 - 15:53 | 6936383 MayIMommaDogFac...
MayIMommaDogFace2theBananaPatch's picture

You have to pass LSAT to get into prison!?!?! </sarc>

Thu, 12/17/2015 - 08:26 | 6934335 max2205
max2205's picture

I'll believe it when I see it 

Thu, 12/17/2015 - 08:29 | 6934344 DirkDiggler11
DirkDiggler11's picture

Soap on a rope - The perfect Christmas gift for Martin, along with some anal lube to "soften the blows" ... On second thought, leave off the lube ..

Thu, 12/17/2015 - 19:18 | 6937367 stormsailor
stormsailor's picture

i forsee a 5000% increase in the price of astro glide.

Thu, 12/17/2015 - 08:29 | 6934345 MFL8240
MFL8240's picture

1 guy?  Sure, we believe this!  How about the supression of Gold and Silver?  Thats ok?

Thu, 12/17/2015 - 08:30 | 6934348 FlacoGee
FlacoGee's picture

If this is not a political arrest I do not know what is.

"Most Hated" person in America suddenly is arrested for Securities Fraud.

This falls under rule:  #16:  DON'T REVEAL YOURSELF IN THE MEDIA.

Time and time again, person after person is popped after they appear in the media...   60 minutes, 20/20, etc.

 

 

Thu, 12/17/2015 - 08:44 | 6934389 css1971
css1971's picture

Or it could be because he manipulated the market price of his company?

Thu, 12/17/2015 - 08:58 | 6934413 FlacoGee
FlacoGee's picture

He and Retrophin have an on going dispute.

A dispute that was/is nasty.

The government just needed to find a reason...  Existing lawsuit with fraud allegations -> A perfect way.

You can't have an arrogrant prick (with mountains of cash) making the government look like fools.

In the end, let's assume he gets off on all charges.   The government, as always, made their point...

"Don't taunt us bitch.  We just cost you 2 to 3 years of your life.  Destroyed your ventures.  Bled you dry of cash.  Now go bask in the glory of 'winning'"

On a positive note, he does not strike me as someone who is going to remain quiet...

 

Thu, 12/17/2015 - 09:27 | 6934497 Johnny Horscaulk
Johnny Horscaulk's picture

wait - How did you get all the relevant details before anyone else?

Seems like he did commit securities fraud, defraud investors, and violate fiduciary duty - but innocent until proven and all...

He also just seems like the sort of arrogant twat who accrues more enemies than friends. He may simply have finally fucked the wrong assholes.

Shit Madoff is only in jail because he defrauded the Tribe. Shat where he ate. His wife still managed to blame 'the gentiles.' Lol.

http://youtu.be/Je67KlCpV84

(At about 0:58)

Thu, 12/17/2015 - 10:31 | 6934793 WillyGroper
WillyGroper's picture

She may blame the gentiles, but I can assure you she's paid the ultimate price.

Thu, 12/17/2015 - 09:09 | 6934444 Max Cynical
Max Cynical's picture

Wall Street created ths lawless environment...how many (000's) of Martin Shkreli's are there in the shadows?

Thu, 12/17/2015 - 09:20 | 6934479 NoDebt
NoDebt's picture

Never just one roach.

Thu, 12/17/2015 - 09:28 | 6934502 Croesus
Croesus's picture

@ Max Cynical: 

There are a lot more of these kinds of people than most people think. (Given the chance to make an 'easy buck', they'll sell their own mother out). 

 

Thu, 12/17/2015 - 08:54 | 6934352 Lumberjack
Lumberjack's picture

He had better hope he made a nice donation to the Clinton Foundation.

 

Edit: Hillary must have had shorts ready when she tweeted this...

 

http://www.joemygod.com/2015/09/22/hillary-clinton-sends-biotech-stocks-...

Thu, 12/17/2015 - 08:32 | 6934354 ---------
---------'s picture

 

 

stupid albanian  all albanians are idiots like him

a perfect representation of an albanian

Thu, 12/17/2015 - 08:41 | 6934383 The Pope
The Pope's picture

Be careful there. The moderators for the 'Albanian Anti-Defamation' society will be around to downvote your comment and ban you from posting on blogs!

Thu, 12/17/2015 - 09:49 | 6934596 pot_and_kettle
pot_and_kettle's picture

Albanians are nothing more than glorified turkspawn. Motherfuck them

Thu, 12/17/2015 - 10:07 | 6934670 Johnny Horscaulk
Johnny Horscaulk's picture

Danepol is even this moment struggling to contain his moral outrage, and will demand Tyler remove Albanian haters, forthwith.

Any moment now...

Just editing a typo...

Just a moment...

While we're waiting, maybe we can just list the people its okay to 'hate on'

Muslims, Palestinians, catholics, jesuits, 'white males,' guys with southern accents, time burglars, and Bruce Jenner.

I think that covers it.

Thu, 12/17/2015 - 09:19 | 6934472 . . . _ _ _ . . .
. . . _ _ _ . . .'s picture

Hey ---------

So far, you've bashed -

Albanians

Romanians

Gypsies

Russians

Americans

Mexicans

Kurds

Arabs

Wahhabists

Blacks

Mulattos

Asians

Roman Catholics

Capitalists

Muslims

Jews

And that's just me looking for ten minutes.

Is there anyone you don't hate?

 

Your posts are fascinating, though.

Absolute ignorance.

 

"at least im not a racist"

"i am a jew"

"jews are really filthy"

"genetically "clean" jews do not exist anymore"

"capitalists children are genetical trash"

"kurds are not humans"

"poor poor Isis what has the filthy jew-owned western media only done to you..."

"i feel absolutely no pity with muslims.... they can all rot and burn alive."

 

You seem very conflicted.

You need to seek out professional care.

 

Thu, 12/17/2015 - 09:22 | 6934483 VinceFostersGhost
VinceFostersGhost's picture

 

 

But wait....there's more.

 

Also offering free shipping......while supplies last.

Thu, 12/17/2015 - 09:30 | 6934501 ---------
---------'s picture

i am a atheist(!) jew 

 

 

and im not bashing anyone, im telling only the truth

Thu, 12/17/2015 - 09:34 | 6934524 VinceFostersGhost
VinceFostersGhost's picture

 

 

i am a atheist(!) jew 

 

Who isn't these days.

 

Call yourself a Christian still living in Syria......that would impress me.

Thu, 12/17/2015 - 10:50 | 6934890 ---------
---------'s picture

is there something like an atheist christian? please let me know, if you got it right

Thu, 12/17/2015 - 09:43 | 6934526 . . . _ _ _ . . .
. . . _ _ _ . . .'s picture

"and im not bashing anyone, im telling only the truth"

Even if you consider it true, it's still called bashing.

Just 'cause it works for Trump...

Do you live in Turkey, by any chance?

Get help.

Thu, 12/17/2015 - 10:47 | 6934852 ---------
---------'s picture

no im not from turkey   and no im not related to turkeys

 

and its called not blacks but niggers

because blacks are only the educated and rational ones, which do represent only 0.1% or less of african population

 

where is your problem? all you guys attack me for no reason and all i do is defending myself

 

for example islam is an fascist totalitarian program, emulated on people to spread and i all i do is saying, that all muslims should be drown in the sea.

we all know that islam is only to replace the population with birthrate. muslim born chidren are disabled and mental sick due to lack of sexual selection.

and its getting worse each 100 years, becuse sick people in islam have children.

the problem is, as long as islam exists, there will be someone who would bring islam into a non-muslim society. and then it starts to gow from 1% to 10%, from 10% to 90%.

and muslims cant free themselfs from islam. once it turnes into tradtion they will always return to it, due to leaders, foreign influence, own stupidity etc

someone is owning islam, anyone with a brain knows that it was created by an older intelligence to stand against christianity and judaism

there is no something like come along with muslims, it can be only temporary and only on tv muslims are your friends

 

all of it above i can sum up in: fuck you muslim trash

 

for saying out muslims are trash, i am attacked by a huge amount of zh-muslim lovers. most of them do not even know what islam is about, not even from "religious" side

later they wonder why their daughter was raped by 5 muslim immigrants in school toilet and not a single news paper reported about it

i can only say, serves you right

 

i always thought you guys are bounded to at least some smartness here on zh

im was so wrong...  many of zh readers are on the level of youtubes comment section, maybe lower

 

zh is a place where you can say what you want - this is free speech

you want me to shut up.  why do you even visit zh? go watch bloomberg and reuters - the political correct, everyone loving, everyone prasing criminal fag funded biased newsites

you are the one who needs help and im here to help you guys!

 

Thu, 12/17/2015 - 11:15 | 6934953 . . . _ _ _ . . .
. . . _ _ _ . . .'s picture

Oh must be Lebanon then.

 

I never told you to shut up, I'm all for free speech. What I wrote was,

"You seem very conflicted. You need to seek out professional care." and "Get help."

 

"but what can i expext from a racist like you who call himself "Nail on the Nigger""

"at least im not a racist who calls himself "yttrium gold nigger""

"and its called not blacks but niggers because blacks are only the educated and rational ones, which do represent only 0.1% or less of african population"

Like I said, conflicted.

 

As far as help goes, I don't need yours.

Thu, 12/17/2015 - 12:10 | 6935236 ---------
---------'s picture

and?   i dont called anyone "nigger" what about that is conflicted? 

if you want hear my opinion on black people here you go

 

black people are humans, same as albanians are humans and same as mexicans are humans too

turkeys for example are not humans, they are animals and people eat turkey meat from time to time

i hate turkey meat! only people with the age of 80 above like turkeys and thats why turkey meat is cheaper

 

btw many people are conflicted from time to time

if you stand up in the morning and you dont know what t-shirt you want to wear that day, i wont say to you something like go get medical help because you cant pick a t-shirt    only assholes do such things

im not like you guys

 

and dont post shit out of the context  dont know about your browser stettings but this is what i see:

http://s15.postimg.org/wkhfyo86j/asfasfawfawfawfffwafwf.png

the only logical conlusion is "nigger" 

i mean i dont came up with this

 

Thu, 12/17/2015 - 12:57 | 6935422 . . . _ _ _ . . .
. . . _ _ _ . . .'s picture

You called 99.9% of the African population, "niggers." Don't try to weasel your way out of that.

"and its called not blacks but niggers

because blacks are only the educated and rational ones, which do represent only 0.1% or less of african population"

6934852

 


 

http://www.biyokulule.com/view_content.php?articleid=4821

Thu, 12/17/2015 - 13:17 | 6935618 ---------
---------'s picture

wow   now you started to post shit links and make stuff up

 

weaseling? wtf are you rased with homosexuals?

i said that 99,9% of them are niggers   THEY ARE NOT PEOPLE

and 0.1% of them are humans like mexicans, albanians and hispanics are humans too 

you are confusing zh-readers

 

ok i understand you. your problem is you are the opposit of logic and intelligent

i will not call you things like stupid and idiot, because even if you are its not for me to decide

how do i suppose to communicate with you if you cant make a singe logic conclusion?

if your parents would let you in a room and give you a pencil you would eat the pencil

let me guess.... you voted for obama twice?

 

maybe i should lower my level to yours:

hello ..._ _ _...   how was the milk this morning? milk is good for the bones.

please show us your collection of leafes and stones under your bed.

 


Thu, 12/17/2015 - 13:36 | 6935719 . . . _ _ _ . . .
. . . _ _ _ . . .'s picture

Wow, indeed.

Thanks for that. That must be the best post I've ever seen. If I didn't have to leave, I'd be all over it, but alas...

I took a screenshot, though. Thanks again!

Classic.

Thu, 12/17/2015 - 15:19 | 6936186 ---------
---------'s picture

 

 

:)

Fri, 12/18/2015 - 07:01 | 6938470 frmnthng comesnthng
frmnthng comesnthng's picture

"someone is owning islam, anyone with a brain knows that it was created by an older intelligence to stand against christianity and judaism"

 

This is true.

 

  There is a wiser intelligence that is present for the benefit of Earth humans. The legacy of Nokodemion's spirit arrived on Earth to teach the unjust humans, 7 times, the spiritual laws and commandments(recommondations), starting with the first true prophet, Henoch. The Earth humans are a created people, mixed with Earth natural humans, and have been given these teachings through the ages only to twist them into enslaving rules through the religions.

 

"As he(Nokodemion) had to recognize his peoples’ lack of understanding, he decreed a logical use of force, because the people were so degenerate that their senses and aspirations were, with all murderous means, only after boundless power."


Once Jmmanuel was born(Jesus), the higher intelligences knew his teachings would again be jacked to enrich the few who could read and write(Pharisees). So Mohammed was placed inline to help offset the christian domineerance that began to rule the world. Islam became the tool to stop the christian death of our planet. The last of the 7 prophets is here now and is bringing the creational truths to mankind for the final time. As an example of these truths, contemplate 'cause and effect'. A most powerful one that TPTB seem to omit in their thinking. Due to overpopulation, cause and effect will be played out bigtime!

 

 

We are watching the final thrashing about from the 'Age of Pisces(belief), into the'Age of Aquarius'(knowing). While people only live once, their spirit continues on for millions of lifetimes. Earth is a school for learning our young spirits and suffering is a powerful teacher. So, to become wise from where we stand as a planet of people, we will suffer. These are the 'End of Times', but not in the sense you think. It's the end for believing(religions).

Expect about 3-4 more lifetimes(800yrs), till it finally balances out, so we all operate on a neutral/positive viewpoint and become wise enough to discover the beauty of peace, prosperity, harmony, love, virtue, etc. This is called relegon, to become one with what we all know is eternally so. 

 

 

So, there you go. I up voted you for some knowledge you shared.

Thu, 12/17/2015 - 18:07 | 6937085 SilverSphinx
SilverSphinx's picture

but judaism is a religion. Right?

Are there atheist Catholics? No. Catholicism is defined by belief in the tenets of Catholic doctrine.

Are there atheist Southern Baptists? No. Southern Baptists are defined by their belief in the tenets of Southern Baptist Protestant theology.

 

Thu, 12/17/2015 - 14:20 | 6935924 83_vf_1100_c
83_vf_1100_c's picture

Sounds like the dude hates all races, creed, religions, etc...  I understand that and have no problem with it. People are easy to hate because we are basically a fucked up species. Dogs, not so much. Except for chihuahuas and those little poodles and the breeds that eat children.

Thu, 12/17/2015 - 15:55 | 6936390 . . . _ _ _ . . .
. . . _ _ _ . . .'s picture

Hating people for what they've done, fine.

Hating people for where they live, who their ancestors were, or differing beliefs... that's the FiretrUCKed-up part of the species to which you refer.

Do NOT follow this link or you will be banned from the site!