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Post by Deleted on Dec 17, 2015 12:44:06 GMT -5
Watching now! He's fucked! And to me he definitely seems like a guy that would sing like a canary if he though it would help save his ass. Yea I am wrong thinking he woulndt. I am watching right now and they have a ton of shit on him. He is so fucked. There are a lot of nervous people on Wall Street right now. If he was stupid enough to think he was going to get away with doing things like this there are def emails and text out there. Does anyone know if wire fraud takes you from federal to state prison?
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Post by jefferson on Dec 17, 2015 12:45:11 GMT -5
Iv e already tweeted at AF... You're next motherfucker
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Post by Deleted on Dec 17, 2015 12:59:40 GMT -5
Wire fraud is still federal so he will be playing tennis for a couple of decades
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Post by joeypotsandpans on Dec 17, 2015 13:05:25 GMT -5
US Attorney used the term "brazen" ...IMO when someone is as "brazen" or arrogant as Shkreli was it's one of two things, either he was totally delusional OR he felt/believed he was untouchable for a reason. Did he act independently? Or was he part of a much bigger corrupt food chain (one exposed roach of many). There are several other brazen individuals that come to mind ....might need a very large bowl of popcorn should be interesting going forward
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Post by factspls88 on Dec 17, 2015 14:05:43 GMT -5
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Post by mnholdem on Dec 17, 2015 14:55:30 GMT -5
I wish that I could feel like celebrating, but I don't. This development reminds me of a young, new crime boss who is rash, arrogant, power-hungry and brazenly brings unwanted attention to the other crime bosses' activities. So this brash, young Shkreli will be "taken care of" so that the other, bigger bosses can quietly continue their nefarious activities.
I'm not confident that the feds want the bigger fish*. The goal may be simply to get rid of Shkreli and NOT to offer any kind of plea deal to give names, dates, etc. Of course, I would be delighted if it were disclosed who Martin's inside connections were at the Food & Drug Administration and see how far that wormhole goes up the ladder, but I suspect that this brash young man will simply go to prison, disappear and that will be the end of it.
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*In the event you missed my inference, I'll make it clear. In addition to the typical Wall Street power brokers, I think that some of the officials running certain government agencies should be considered to be included among those "other bosses" I mentioned above. As such, they will likely want this investigation to be handled quickly and be strictly confined to Martin Shkreli. Shkreli's antics could bring unwanted congressional light upon certain agencies, including public pressure demanding to know why they aren't doing their jobs.
Of course, I could be wrong and the FTC, SEC and FDA are squeaky clean and woefully understaffed, thus having nothing whatsoever to do with corruption and illegal activities on Wall Street.
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Post by mssciguy on Dec 17, 2015 15:02:32 GMT -5
I wish that I could feel like celebrating, but I don't. This development reminds me of a young, new crime boss who is rash, arrogant, power-hungry and brazenly brings unwanted attention to the other crime bosses' activities. So this brash, young Shkreli will be "taken care of" so that the other, bigger bosses can quietly continue their nefarious activities.
I'm not confident that the feds want the bigger fish*. The goal may be simply to get rid of Shkreli and NOT to offer any kind of plea deal to give names, dates, etc. Of course, I would be delighted if it were disclosed who Martin's inside connections were at the Food & Drug Administration and see how far that wormhole goes up the ladder, but I suspect that this brash young man will simply go to prison, disappear and that will be the end of it.
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*In the event you missed my inference, I'll make it clear. In addition to the typical Wall Street power brokers, I think that some of the officials running certain government agencies should be considered to be included among those "other bosses" I mentioned above. As such, they will likely want this investigation to be handled quickly and be strictly confined to Martin Shkreli. Shkreli's antics could bring unwanted congressional light upon certain agencies, including public pressure demanding to know why they aren't doing their jobs.
Of course, I could be wrong and the FTC, SEC and FDA are squeaky clean and have nothing whatsoever to do with corruption and illegal activities on Wall Street. The DOJ very clearly sent a warning to hedge funds. Explicitly. Enough said.
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Post by mnholdem on Dec 17, 2015 15:14:15 GMT -5
A explicit warning? Do you really think that anybody else among the criminals on Wall Street is even the slightest bit worried that they'll be the next to receive an indictment? Not a chance, IMHO, as long as they stay below the radar. Shkreli's arrest is far from enough, but it's what they'll spoon feed the American public. Then they'll go back to doing the same things they are now.
Like I said earlier, it's hard for me to feel excited about Shkreli being arrested when the real issues are ignored.
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Post by esstan2001 on Dec 17, 2015 15:20:46 GMT -5
I wish that I could feel like celebrating, but I don't. .....
Of course, I could be wrong and the FTC, SEC and FDA are squeaky clean and woefully understaffed, thus having nothing whatsoever to do with corruption and illegal activities on Wall Street. Yeah, Right. Sure. About as likely as a snowstorm in the Sahara (was going to say, as finding tits on a bull but did not think that quite appropriate for our audience)
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Post by formermnkdemployee on Dec 17, 2015 15:24:42 GMT -5
I still haven't seen the connection to MNKD. Why are we talking about Shkreli?
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Post by jefferson on Dec 17, 2015 15:28:48 GMT -5
I still haven't seen the connection to MNKD. Why are we talking about Shkreli? You must be new here
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Post by vissertrades on Dec 17, 2015 15:29:41 GMT -5
Safe to assume shrek will not become Mannkinds new CEO? You can read up on his dealings with Mannkind and Al Mann in the past.
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Post by stevil on Dec 17, 2015 15:32:41 GMT -5
*In the event you missed my inference, I'll make it clear. In addition to the typical Wall Street power brokers, I think that some of the officials running certain government agencies should be considered to be included among those "other bosses" I mentioned above. As such, they will likely want this investigation to be handled quickly and be strictly confined to Martin Shkreli. Shkreli's antics could bring unwanted congressional light upon certain agencies, including public pressure demanding to know why they aren't doing their jobs. illuminati?
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Post by mssciguy on Dec 17, 2015 15:40:15 GMT -5
A explicit warning? Do you really think that anybody else among the criminals on Wall Street is even the slightest bit worried that they'll be the next to receive an indictment? Not a chance, IMHO, as long as they stay below the radar. Shkreli's arrest is far from enough, but it's what they'll spoon feed the American public. Then they'll go back to doing the same things they are now.
Like I said earlier, it's hard for me to feel excited about Shkreli being arrested when the real issues are ignored. www.counterpunch.org/2014/04/09/retiring-white-house-prosecutor-says-the-sec-is-corrupt/Bloomberg News reported, on April 8th, that a Securities and Exchange Commission prosecuting attorney, James Kidney, said at his recent retirement party on March 27th, that his prosecutions of Goldman Sachs and other mega-banks had been squelched by top people at the agency, because they “ were more focused on getting high-paying jobs after their government service than on bringing difficult cases.” He suggested that SEC officials knew that Wall Street would likely hire them after the SEC at much bigger pay than their government remuneration was, so long as the SEC wouldn’t prosecute those megabank executives on any criminal charges for helping to cause the mortgage-backed securities scams and resulting 2008 economic crash. His ”remarks drew applause from the crowd of about 70 people,” according to the Bloomberg report. This would indicate that other SEC prosecutors feel similarly squelched by their bosses.
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Post by mnholdem on Dec 17, 2015 15:56:20 GMT -5
illumati? Hardly! Unbridled greed? You betcha...
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