Shkreli at court

If one goes to trial with a possible 20 years and ends up with 6 months, that is not guilty as sin... It is basically a win for the defense...

Had he got 10-15 years, you would be right.
 
Judge: “Is it true that you owe these people a million dollars?

Shkreli: “Yes, it’s true."

Judge: “Then, why don’t you just pay them back?"

Shkreli: “Because it wouldn’t be true anymore."
 
vanzandt said:
Judge: “Is it true that you owe these people a million dollars?

Shkreli: “Yes, it’s true."

Judge: “Then, why don’t you just pay them back?"

Shkreli: “Because it wouldn’t be true anymore."
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:D
 
Pekelo said:
3 out of 8 is not guilty as sin. The sentencing guidelines can be very lenient, he could get no jail time because money was not lost...

Even if he gets jail time, I doubt it will be longer than 1 year...

The dumbass jury said not guilty on count #7 which was the heart of the case (as his laywer said) and it wasn't proven that he robbed his company to pay the investors (which he clearly did).
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I wonder how Brachman achieved that.. he has this reputation as the lawyer of last resort (if you can pay him) and on this one at least he owned up to it to the last cent. i'd really love to know how... Unless we actually are opining on this with material misstatements and then a lot of people in the media should pay for it.
 
Shkreli is a modern day folk hero. I wish I got defrauded by him - would have been nice to have made 3X-5X my original investment .
 
No, wouldn't give him $ to invest knowing he trades like most newer traders do. He claimed his hourly pay was on par with working at Starbucks. Managing OPM is not something I would ever want to do - to darn easy to get in a hole and justify robbing Peter to pay Paul.
 
dumpdapump said:
But isn't that the problem?why do get idiots in the US so much attention? Why does sensationalism attract people that much? Is it that their own lives are that boring? The Kardashians or whatever they are called (never watcher a single show just hear them mentioned everywhere) are one such example. Since when has stupidity and the sheer drive for self actualization of others robbed people off their sleep and free time? The only explanation I live with is that people are inherently lazy and that improving one's own life is harder than just sitting and watching TV or browsing Facebook. A pity really.
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You don't need to watch the "show" about the Kardashians. The fact that you mention them implies you're aware of them...most likely via the news outlets.

I've actually met a few people that have never heard of the "Kardashians", "Tom Brady, "Beyonce", "Pink Floyd", "Charles Manson", "John Wayne Gacy", "Sumatra, Indonesia Tsunami".

Yet, I've never heard of anybody losing sleep over them or over some historical event. :D
 
wrbtrader said:
You don't need to watch the "show" about the Kardashians. The fact that you mention them implies you're aware of them...most likely via the news outlets.

I've actually met a few people that have never heard of the "Kardashians", "Tom Brady, "Beyonce", "Pink Floyd", "Charles Manson", "John Wayne Gacy", "Sumatra, Indonesia Tsunami".

Yet, I've never heard of anybody losing sleep over them or over some historical event. :D
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With all due respect... leave Pink Floyd outta this. :cool:
 
A longer conversation with 6000 responses:

https://www.reddit.com/r/news/comments/6rmjlr/pharma_bro_martin_shkreli_convicted_in_federal/

Funniest post:

"Sentenced to 90 days but the jury raised it by 5,000%."

Most interesting professional response:

"
He won't get anywhere near 20 years. News outlets always report the "maximum" possible, but the reality is federal judges hand down sentences based on a "points" system that takes into account a lot of different factors. I'm gonna guess he gets 3-5 years, and serves 80% of it (which is the minimum under federal law and this is a federal case).

Source: Am lawyer."

Interestingly, my guess in this thread was 3-5 years too....
 
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