https://www.youtube.com/watch?v=Jd8E7hWk4Xw

Now that Pharma Bro is out of the clink and off house arrest he's started doing more appearances.

Pretty interesting interview here on his origin story from a 1st generation immigrant (his slightly older sister was actually born in Albania), which shifts into talk about the pharma industry and the media treatment of him personally.

I was surprised how charismatic and sympathetic he is. Having only memes and media coverage of him I just didn't look into this much, figured he's another trust fund baby who was a lazy greedy idiot.

Libertarian troll who loves the FDA, odd guy but I'm a fan I'd say.

He would have been a billionaire by now if he kept a low profile. It was his hubris that took him down.

Edit: Wutang clan ain’t nothing to f with

This post was edited by foxnews on May 4 2023 07:22am

I guess it's fun until you realize that you can't afford the treatment.

What "took him down" was a full on hit piece. he literally made a joke on twitter about how he could test Hillary Clinton to see if she was a lizard person if he had some of her hair, and offered a joke 50k bounty.

the judge and prosecutor were the kind of people the /s sarcasm tag was created for, aka low IQ.

but you're not wrong overall, if he just stayed private he'd be on an island somewhere.

I believe it was $5k for a strand of Hillary hair but that wasn’t what he was imprisoned for. It was securities fraud. You can’t use money from one company to pay investors to make them think another company is profitable.

The price hikes on drugs wasn’t what took him down either. A lot of other companies do the exact same thing. He wanted to be famous also, to impress random people on WSB for the memes. He gained negative attention and that made him an easy target. He took the heat off of much larger companies that do the exact same thing.

AHH you're correct, the Lizard DNA stunt was used to revoke his bail.

I'm still a bit confused how you can defraud investors when they don't lose money. If promising large returns then breaking even was a crime most of wallstreet would be in prison. The company he ran seemed genuinely interested in developing new drugs, a tall task for any pharma company not in the upper echelon. He just made the mistake of using big pharma tactics to fund this, buying an expired patent and pumping the price to rapidly make a profit on the cost. Then the media ran an egregious campaign villainizing him, and rather than be attached to a "nefarious character" his investors turned on him and the DA fueled a campaign to scapegoat him as "all that's wrong with the pharma industry". Somehow a guy trying to elevate a middling pharma company became a trust fund baby Bernie Madoff. Bernie lost his clients billions, maybe trillions. Skreli lost his investors nothing, but connection to him as a public figure made them uneasy, and given time they'd have made a good profit regardless. It seems pretty hard to lose money sitting on a portfolio of good patents.

my underinformed take anyways.

This post was edited by thesnipa on May 4 2023 08:05am

a smart douchebag. which ironically is the same characteristics of the people who put him in the slammer, he just wasn’t part of that club so easy scapegoat.