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Thursday Humor: Lawyer For Martin Shkreli Hike Fees 5,000%
Earlier today, the "most hated man in America", serial biotech entrepreneur and former Jim Cramer protege Martin Shkreli was arrested by the FBI.
As Shkreli reminded the world earlier this week while discussing an absurd plan to free an incarcerated rapper, coming up with $2 million in bail money is "no fucking problem," so we assume he'll be able to afford an OJ-esque legal team.
Or will he...
* * *
A bit of humor, via The New Yorker:
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 arrest on charges of securities fraud, 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 an hour of Wu-Tang Clan, sixty thou is a bargain,” he said.
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this boy dont know it yet. he is in trouble. he gonna take the heat for a lot of americans being angry at scam street, corzine, obama. he is a diversion. if they kill him in rikers? wouldnt surprise me a bit.
Fucking guy, even has to fake the "old sweatshirt" thing. He reminds me of the kid everyone knew when they were young that had everything but a personality.
pods
Is this real life?
https://imgur.com/gallery/YsRMdqv
Once this guys actually lands in jail, he's going to be someone's bitch on a daily basis. He'll need some of his own drugs to cure him from the weird diseases he gets from their lovin treatment.
He shore do got a purty mouth.
Time to go to federal POUND ME IN THE ASS prison.
Better watch yo' back fish, cause squirel master ain't gonna be there all the time.... next time I come, I'm gonna want some cocktail............... FRUIT!.....
American prisons are notorious to First World standards.
Be careful or Tyler Durdeian aka Anonymous User will post a link for: "Easy come, easy go, little high, little low"
Is this just fantasy?
Caught in a landslide,
No escape from reality.
Are you the same ConanTheLibertarian from Kitco forums? If so we had some great, if aggressive, back and forths back in '08ish.
He's a fan of UHF as well.
So you're saying Gandhi likes his steak medium rare? SUPPLIES!!!
I don't know, fella. Looks like he's just wearing a sweatshirt to me. Nothing of note.
I bet it's one of those hideous, over-priced things that Kanye makes.
What you mean like North the Kardashian spawn?
He reminds me of the kid everyone knew when they were young that had everything but a personality.
You mean character
This turn of events was fairly predictable Shrkeli is a safe scapegoat for US envy/hatred of just about everything. Surprised Martin did not see this coming and move to Shanghai well beforehand.
Gotta have a scapegoat when you quietly overturn cases on the BIG BOYS.
SAC insder trading
http://www.wsj.com/articles/u-s-attorney-moves-to-dismiss-insider-tradin...
GE Capital municipal bong rigging
http://www.bondbuyer.com/issues/122_230/bid-rigging-convictions-for-thre...
Fuck those fucking bong riggers!
The 'GE Three' Go Free
"Then came a surprise last week, right before Thanksgiving. A federal judge ordered the men released from prison. An appeals court had reversed their convictions the day before, without explanation"
"Carollo, Goldberg and Grimm each had been convicted on multiple counts of conspiracy to commit wire fraud. Prosecutors accused them of paying kickbacks to brokers hired by cities and towns to oversee the bidding on municipal-investment contracts, which local governments use to invest the proceeds from bond sales. Goldberg was sentenced to four years in prison. Carollo and Grimm got three years each."
http://www.bloombergview.com/articles/2013-12-05/the-ge-three-go-free
This is why I think the Shkreli story is media manufactured anger. Where was the outrage for this?
The Municipal Bond rigging scandal
By conspiring to lower the interest rates that towns earn on these investments, the banks systematically stole from schools, hospitals, libraries and nursing homes – from "virtually every state, district and territory in the United States,
"But consider this: Four banks that took part in the scam (UBS, Bank of America, Chase and Wells Fargo) paid $673 million in restitution after agreeing to cooperate in the government's case. (Bank of America even entered the Justice Department's leniency program, which is tantamount to admitting that it committed felonies.) Since that settlement involves only four of the firms implicated in the scam (a list that includes Goldman, Transamerica and AIG, as well as banks in Scotland, France, Germany and the Netherlands), and since settlements in Wall Street cases tend to represent only a tiny fraction of the actual damages (Chase paid just $75 million for its role in the bribe-and-payola scandal that saddled Jefferson County, Alabama, with more than $3 billion in sewer debt), it's safe to assume that Wall Street skimmed untold billions in the bid-rigging scam. The UBS settlement alone, for instance, involved 100 different bond deals, worth a total of $16 billion, over four years."
Read more: http://www.rollingstone.com/politics/news/the-scam-wall-street-learned-from-the-mafia-20120620#ixzz3ucIAR9Er
Follow us: @rollingstone on Twitter | RollingStone on Facebook
Read more: http://www.rollingstone.com/politics/news/the-scam-wall-street-learned-from-the-mafia-20120620#ixzz3ucHYOlAx
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Hold it! Hold it! Hold it!
Are you telling me everything I read in Erin Arvedlund's book
Open Secret
was true?
And that Michelle Malkin and John Miano were telling it like it is in their book,
Sold Out
?
And that Ellen Schultz's wonderful book,
Retirement Heist
was the absolute truth?
And that David Talbot was spot on target in his book,
The Devil's Chessboard
Don't you mean Isreal?
a diversion i cannot disagree.
watch how they rile up the 99%/masses and supposedly sacrifice a pee-on who takes one for the elite global economic team....
It's not capitalist, it's socialist.
You misspelled Fascist.
i don't think you truly understand the definition of socialism.
he will cry like a bitch in the slammer
Or accidentally hang himself.
He will convert to Islam, becoming the American Mahdi.
Who is writing the movie script?
J.J. Abrahms is attached to direct.
Actually, when he gets to the BIG House, the huge fellow in his cell is going tell him: "you want to be the boyfriend or girlfriend... makes no difference to me".
Bubba: well boy since you're new hear I'm gonna give you the choice. You can either be mama or the papa.
Shkreli: I'll be the papa obviously
Bubba: Good. Now get over here and suck your mamas dick.
Any chance Martin is a fake, created by politicians to generate fresh hatred toward capitalism?
Before arrest, hated CEO Martin Shkreli gave generously to Democrats
http://tinyurl.com/j3n2ovv
A Patsy for evil syndicates.....it's time to pay the piper.
Only the chosen few are allowed to screw over the public!
The agenda is clear......
http://beforeitsnews.com/conspiracy-theories/2015/12/as-events-spiral-out-of-control-its-time-to-take-a-closer-look-at-agenda-2030-video-2472972.html
yes, I think you are right. Furthermore it looks from this bloomberg article that he made all his investors whole plus a good chunk of profit. His fraud seems to be a technicality, but there was no real harm done to any investor. Compared to wall street bankers that screwed millions of muppets this guy is a small fish, but good publicity for everyone involved.
http://www.bloombergview.com/articles/2015-12-17/martin-shkreli-accused-...
Now this is humor I can appreciate...I hope that useless corrupt turd gets fucked so hard in every way possible.
I wish I had $2 million.
I would quit my job and spend 24/7 commenting on zh articles.
I'm saving up. Til them I'll do it from work.
I have a job AND spend 24/7 commenting on zh articles.
Takes a lot more than that you pathetic loser!
Say, wanna see my latest on the JFK assassination?
yyeeehhhaaaaawww. little basteard is going to get what he deserves, Corzine is next hopefully
This is how Corzine drops out of sight. Once the media have their way with this little guy they'll forget all about Corzine and his ilk.
Well -- except that Jon has already been fed to a tiger:
http://fedtoatiger.blogspot.com/2014/04/jon-corzine-is-fed-to-tiger.html
Great stuff.
But remember... it's the Twice Honorable Mr. Jon Corzine. This is Amurica, after all, and we have standards.
Sweet irony. Hopefully it is true.
exactly. "How's it feel BIOTCH"
in the end the priest. the hooker and the lawyer will have all your money
At least one of the three earned their pay.
You got that right!
http://www.thestranger.com/authors/9386/mistress-matisse
Hey America, don't pay attention to the Federal Reserve selling their bloated balance sheet back to the market at all time highs in stocks and bonds, the hated CEO just got arrested!
Now enjoy Thursday Night Football!
:)
Who first used the label "most hated man in America"? It would be a start to figure out who was the point person that created this diversion.
It's too bad that isn't bath house Barry sitting next to him, in that picture. I hope he grabbed a tube of Astroglide before the Feds. cuffed him.
One shakedown artist getting shook down by another .... that Hollyweird stuff there.
That's a lot of shekels!
Who cares??? Watching yellen go down the toilet is far more entertaining.
I can't listen to the cunt talk for more than 30 seconds - she just shits out her mouth - pure fucking crap - makes me throw up in my mouth.
Bond players are going to pound the fucking hell out of yellen and her little fuck off game she plays with the S&Ps.
And that my friends will be a wonderful thing.
I've got a 55 gallon drum of Vaseline I'd like to sell him, but it probably increased 5000% in price after he was arrested....
he already has the patent on a prolapsed rectum treatment, so he's goooooooood.
Even after reading the comments I'm still not sure it isn't The Onion
Is he....of the tribe?
No hook nose or beady eyes so
nope.
Albanians don't get Jew Privilege.
if he would be a jew he would be now receiving a nobel price
This shit ain't real. No way.
This whole thing has to be an elaborate Onion ploy.
It would be awesome if the company, the drug, the CEO, and price play, all the media attention, and finally this arrest was all some kind of massive prank.
That would at least make this shitty decade memorable.
Andy Borowitz.
I thought "A bit of humor, via The New Yorker:" would have been enough... but apparently some people have a bizarre "need to believe" which probably explains the huge bubble in tinfoil hat sales.
Hey, I may have a tinfoil hat but I can read too.
Perhaps you didn't realize sheepdog meant the whole Martin Shrkeli saga not this specific piece.
Also, at this point mainstream thinkers are the categorical morons and tin foil hat folks are increasingly the empirically validated group. Isis is western controlled, push for long gun bans, immigration, EU related conspiracies, precious metals manipulation etc. etc. etc. ad nauseum.
If you are classified as a tin foil hatter by a mainstream person and you aren't pushing Putin As a KGB time traveling alien level stuff you're probably closer to the truth than anything you can find in the MSM.
My comment was more general than that. Based on reading through about 50 posts it was obvious that some (plural) people (not referencing The Onion) were oblivious to the satire.
The problem with the tinfoil hatters is that most of their theories are not empirically validated. Governments sell theories/stories (i.e. they lie). In response, people develop alternative theories and look for evidence to support them. But it is a propositional fallacy to argue that because one theory is demonstrably wrong that an alternative theory is correct. Moreover, until a theory is proven correct, it is unreasoned to dismiss equally valid alternative theories, of which there are often many. No large entity made up of complex individuals is monolithic. However, in an effort to make Ordo Ab Chao, many people oversimplify Lorenz equations to linear algebra (and not just in their external arguments to persuade others). Reasoning with tinfoil hatters is often like playing chess with a pigeon. The pigeon knocks over all the pieces, shits on the board and then struts around like it won the game.
It's not like the FBI doesn't have endless time --- it's not like they ever go after real terrorists or anything, even when they are repeatedly tipped off (Boston Marathon bombing) or have the plans right in their sweaty little hands (WTC bombing in 1993, plan taken from the aparment of killer of Rabbi Kahane) --- or when the field agents draw them the entire frigging map (as in before 9/11, when field agent FBI guy, Ken Williams, wrote "...it's as if they are training to fly into the Twin Towers.").
Those feebs gotta be doing something, and he looks like an easy guy to take down?
Can't wait for him to go to prison where he'll be ass fucked like the turd he is. Come to think of it, he'll probably enjoy it.
If one of those FBI agents surrounding him was Ann Coulter's boyfriend, he probably got ass fucked in the car on the way to court!
That Karma is a real bitch (and that attorney has one hell of a sense of humor).
May he repent.
He should've never fucked with Wu-Tang Clan.
I can only wonder if they're gonna try to steal their album back now.
This is what we get with our Machiavelli-worshipping society. We get a world full of fucking Shkrelis. Not everything is always about money and winning and glory all the mother fucking time.
" Not everything is always about..."
The fuck it's not. For decades it has been about absolutely nothing but money and winning and glory. 24 hours a day 7 days a week all day all the time about nothing but money and winning and glory. And because it has been and because we all allowed that we're all going to suffer for it now. Starting maybe with this prick, but not ending there.
Exactly .
Winner take all capitalism, is very ugly.
Look at the top .oo1 %. How have they really helped society??
Loser take all socialism is very ugly also, in fact it is the same thing you call "winner take all capitalism".
The word you guys are looking for is Fascism. I don't understand why people don't see it. This isn't capitalism and it sure as fuck ain't Two year winner of most livable place on earth Norway where democratic SOCIALISM is the system of government. If we were capitalist Bernanke, Greenspan, Yellen, JPM board, and damn near every banker would be behind bars not receiving bailouts. We wouldn't have the non-existent enforcement of rule of law. If our society were capitalist many things would be freed assuming it was combined with a republic under rule of law which is what we are supposed to have and briefly had in this country at least pre-1913. Nope we gots a fascism infestation Bush and Obama are both fascists. People get confused by culture war stuff they are both fascists all the way. The king of puppet crony capitalist (read fascist) frontmen.
Go vegan - live healthy w/O drugs
If god didn't intend for us to eat animals, he wouldn't have made them out of meat.
Or at least he wouldn't have made them so tasty.
Yes, we have succeeded in engineering a society in which scum invariably rises to the highest position in the social hierarchy. Shouldn't that make us think very hard about how we do things? Like, maybe, about CHANGING our laws and customs? The vast majority of human societies over time have worked very hard to avoid the evils that we have embraced. Maybe, like, there was a REASON for that?
Pharma Bro is the most honest guy in the pharma biz. The other companies all gouge the consumer on drugs too, but they try to hide it.
Dont use them.
Probelm solved
Quite true. But he's going down because he had the Bad Taste to make it obvious. There's gouging, and there's gloating about gouging on national TV.
Also, I read the brief article on the charges in Washington Post. It appears that this boy has been cheating his customers and employers since he started in business. He's a serial offender: first, rogue trading to lose a ton of investor cash with MSMB, sold out his shares for bloated valuations and started Retorphin instead; stole from Retrophin to pay the legal settlement on his losses for MSMB; was removed from Retrophin for shady trading and using Retrophin funds to pay off his fines; founded Turing with the express purpose of gaining monopoly pricing power over rare drugs with no alternate suppliers.
The boy's a sociopath. A very PRETTY sociopath, but so many of them are.
60000 the hour is still not that much
Im happy with a lawyer??
I may actually turn on CNBS and see if the crammer says anything about this....
The absolute best thing that could happen is that they take all his money then he gets sick and can't afford the drugs he needs!! Rot in Hell !!
The chances of him getting AIDS is now 99.99% (fully Blown.)
Yah gunna need lots of drugs Boy but your life as you knew it just took an extended vacation.
Not mine but funny.....
Palms are sweaty. Knees weak arms are heavy. There's vomit on his sweater already. Martin Shkreli.
https://www.youtube.com/watch?v=_Yhyp-_hX2s
You stupid fuck! I was drinking coffee when I read that headline. LOL.
American competition: Bigger, stronger, faster, higher, stupider, deadlier, greedier, more repugnant, more destructive MOOOAAAARRRRR!
Mountain goat: "Wo... what was that?"
Billy the kid: "A country in free-fall."
Heyyyy derrr .... aint dat fancee & ejakated New Yorker La De Dah mag all fir central bankin' NIRP, ZIRP, TARP, No-Taper, debt-don't-matter-cuz-we're -all-gonna-be ded stimulus kinda fellerz? An wasn't this dude jus stimulatin' like he was suppose 'ta jus like the rest of all dos fancee banker types?
I now hate lawyers very slightly less.
Protege of Jim Cramer, says it all.
Ya' just gotta luv the tuff-guy look on all those 20 F.B.I. cops who took down this 120 lb weakling on what looks like a very minor of frivilous securities violation - if at all! When are these super heros gonna raid the FED & perp walk the central bankers who 'stimulated' all of this mess? Can't wait for the 'funny' the esteemed commie 'The New Yorker' spins when they do that!
His PX privileges within jail will make him a gawd, he will have a gang surround him in no time for protection! He still maybe bailed out within a week, though...
Ain't it just soooo cute and adorable when erudite & socialist The New Yorker gets all serious & accountable & ethical about the rising costs of a huge & bloated government the tax payer faces! It's not like the costs have been exploding for government run Defense, Education, Debt Service, Social Services, or Medicine over the past 3 decades or anything like that?
The new fresh face poster child of the US$+100 Trillion in 'State Sponsored' corporatist graft, gouging & corruption that has occurred over the past 3.5 decades!
How about that! Patsy wears the same kind of hoodie Zuck wears! You know the corporate facebook dude who sells peoples private and personal info and survellience for the good guys @ NSA.gov!
It looks from this bloomberg article that he made all his investors whole plus a good chunk of profit. His fraud seems to be a technicality, but there was no real harm done to any investor. Compared to wall street bankers that screwed millions of muppets this guy is a small fish, but good publicity for everyone involved.
He is going to pay dearly for not knowing the ways of the world and meddling in politics.
http://www.bloombergview.com/articles/2015-12-17/martin-shkreli-accused-...
His downfall was his recent appearance on CNBC. I don't think the feds would have come after him had he not appeared. What did he hope to gain by appearing on TV and explaining is price gouging?
Rules For Those Who Aquire Significant Wealth in America
#1 Deny, lay low, and shut your mouth
Rest of the Rules - Refer to #1
Sorry.
You know he's going to Country Club prison.
That increase in his lawyer's fee was to pay the judge.
"no fucking problem"
send him to prison
where he gets a$$ raped by
niggasAndThenLet him say that
again
WHAT GOES AROUND - COMES AROUND.
YOU ARE NO FARKING JOHN CORZINE, YOU ARZEHOLE!
Now, if we could only get to those basterds "up there" that easily (Corzine, Dimon, Geithner...).