Martin Shkreli Admits He Messed Up: He Should've Raised Prices Even Higher
Source: Forbes
Martin Shkreli hasnt changed.
If anything, the provocative pharmaceutical CEO who became the most hated man in America earlier this year thinks he didnt go far enough when he hiked the price of Daraprim by more than 5,000% overnight.
I would have raised prices higher, Shkreli vowed on Thursday, after being asked how he would re-do the past three months. Thats my duty.
Shkreli spoke at the Forbes Healthcare Summit during a 25-minute interview that was at turns fascinating, horrifying, and utterly compelling.
Read more: http://www.forbes.com/sites/dandiamond/2015/12/03/what-martin-shkreli-says-now-i-shouldve-raised-prices-higher/
DonCoquixote
(13,616 posts)Have gotten so used to the idea of "The public be damned, my responsibility is to the shareholders" that they can actually talk of killing and looting people as if it was the high moral act.
The problem will come in when the Chinese and Indians have gotten so good at playing capitalist that decide to discard most of us as shells, and yes, that includes the rich here, as well as a good portion of their own people. No need for Harvard or Wal Street or Silicon Valley anymore Shkreli.
Drahthaardogs
(6,843 posts)Their first fiduciary responsibility is to their shareholders, and...that's why we are all screwed!
forest444
(5,902 posts)He should have made the flames under Shkreli even hotter.
Frustratedlady
(16,254 posts)He surely has the ego to match, just needs more practice to become a famous jerk.
Nye Bevan
(25,406 posts)Nobody was forced to gamble in Trump's casinos or buy apartments in his buildings. But profiting from sufferers of toxoplasmosis by price-gouging an essential medication for them is an order of magnitude worse.
There's already a similar compound that sells at $1 a pill.
It's not that difficult to make.
Overseas
(12,121 posts)If any federal funding was used for the R&D of any drugs, there should be a limit on the profit allowed-- even a generous 100% would be far less than Shkreli's ilk seek to impose.
corkhead
(6,119 posts)It only takes just a few assholes like him to screw up what would otherwise be a much better experience for the rest of us as a members of a civilized society.
Matthew28
(1,798 posts)No question about it.
Judi Lynn
(160,527 posts)[center][/center]
rusty quoin
(6,133 posts)callous taoboy
(4,585 posts)Jack Rabbit
(45,984 posts)Last edited Fri Dec 4, 2015, 12:09 AM - Edit history (1)
He tried to bribe Bernie Sanders.
christx30
(6,241 posts)As was his reaction to Sanders's middle finger. I could see the temper tantrum in his tweets.
Orrex
(63,208 posts)as soon as I get that time machine built.
Turbineguy
(37,324 posts)ISIS "Do Not Kill" list.
gregcrawford
(2,382 posts)... is going to go down in flames, and it can't happen soon enough.
FiveGoodMen
(20,018 posts)We get him now, or he gets away with it.