The Obama Diary

Bloomberg reports that the Feds have indicted Turing Pharmaceuticals CEO Martin Shkreli on fraud charges.

Surely you remember Martin, no? He founded Turing, bought the rights to a drug used to treat AIDS patients, and proceeded to raise the price from $13 a pill to $750 a pill, thus earning him the title to “the most hated man in America”. Even Donald Trump said he was a “spoiled brat”.

Shkreli promised to reduce the drug price cost after receiving a torrent of abuse, but then reneged on that promise. And just this week, in what can only be described as a “fuck you” to the world, he bought the only copy of a Wu-Tang Clan album for $2 million. Because when you’re a sociopath, you do things like that.

As the Bloomberg article points out, when he was again prodded to reduce the drug’s price, his response was a tweet which merely said “lol”. He also said if he had to do it over again, the would have raised the price even more, as his investors expected him to “maximize profits.”

Continue reading ‘Chalk one up for the good guys’