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Re:Martin Shkreli is found guilty of securities fraud by mikeash on Friday August 04, 2017 @03:24PM (#14931268)
What's wrong with Congress questioning someone about legal but shady activity? If he broke the law, he'd just be prosecuted. No reason for Congress to have anything to do with it. But if what he did was legal but wrong, then maybe the law should be changed, and that's exactly what Congress is for.
Re:Martin Shkreli is found guilty of securities fraud by cowmoo728 on Friday August 04, 2017 @03:39PM (#14931430)
It doesn't inspire confidence that they questioned Shkreli, who was a relatively small player in the medical space, while a senator's daughter was in the middle of one of the most egregious price gouging schemes in recent memory. They even wrote legislation to make it mandatory to carry their product in schools and public buildings.

The Shkreli inquiry reeked of hypocrisy and grandstanding. Those congressmen knew perfectly well what was going on, and many of them receive contributions from companies involved in it.

Re:Martin Shkreli is found guilty of securities fraud by sol_remmy on Friday August 04, 2017 @04:15PM (#14931839)
> while a senator's daughter was in the middle of one of the most egregious price gouging schemes in recent memory.

For anyone curious, CEO of Epipen manufacturer Mylar is Heather Bresch . She is the daughter of senator Joe Manchin, who has introduced bills in the Senate to change FDA regulations to favor his daughter's company.

Re:Martin Shkreli is found guilty of securities fraud by artursapek on Friday August 04, 2017 @05:12PM (#14932315)
Not to mention that their "questioning" was not even questioning, but instead exactly what you say - grandstanding. They basically unloaded uninformed rants on him while he was forced to sit there.
Re:Martin Shkreli is found guilty of securities fraud by spinlock on Friday August 04, 2017 @04:45PM (#14932092)
Because Congress didn't need to find out any facts. They just wanted to put on a show to sway public opinion.

Remember when they questioned Toyota over unintended acceleration? That made Toyota apologize and generally made the public believe that Toyota was at fault.

Now, consider that at the time Congress questioned Toyota they were the largest shareholder in Toyota's biggest competitor (GM) and, when NASA examined the evidence, they found no issues in Toyota's products.

If you want to talk about securities fraud, that Congressional hearing should be at the top of the list.

Re:Martin Shkreli is found guilty of securities fraud by tnecniv on Saturday August 05, 2017 @03:48PM (#14937536)
> when NASA examined the evidence, they found no issues in Toyota's products.

Well they found plenty of issues. The code was unreadable. They didn't find anything that would cause unintended acceleration.

Re:Martin Shkreli is found guilty of securities fraud by spinlock on Tuesday August 08, 2017 @06:56PM (#14963757)
That was not one of NASA's findings. It was the finding of a paid "expert".
Re:Martin Shkreli is found guilty of securities fraud by MBCook on Friday August 04, 2017 @03:30PM (#14931333)
This is hardly the first time this happened, they could have easily made a law years ago.

Have they introduced the Shkreli Can't Endanger those Represented by Welfare Act have they?

This was a PR stunt.

Re:Martin Shkreli is found guilty of securities fraud by Clubber on Friday August 04, 2017 @03:35PM (#14931381)
Yes, it absolutely was a PR stunt. I mentioned earlier that congress gets paid a lot of money to not regulate pharmaceuticals, this was them trying to save face so the fleecing can continue. Just an example of absolute corruption of our federal government.
Re:Martin Shkreli is found guilty of securities fraud by bmelton on Saturday August 05, 2017 @12:02AM (#14934154)
> What's wrong with Congress questioning someone about legal but shady activity?

If Congress had invited him to come testify, and he'd accepted, I would have absolutely zero problems with that. But that wasn't the situation he was in -- he was forced to attend a Congressional hearing by federal subpoena, for an action that was obviously not illegal in any way.

At the least, it was a small abuse of power in exchange for a publicity stunt. At the worst, it was unlawful detainment in an attempt to intimidate.