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Re:Martin Shkreli is found guilty of securities fraud by wfunction on Friday August 04, 2017 @03:25PM (#14931293)
> Okay, I'll bite. Why do you think he's human garbage.

Obtaining a license just to increase a drug's price from $13.50 to $750 for no apparent reason other than greed isn't enough for you?

Re:Martin Shkreli is found guilty of securities fraud by kbenson on Friday August 04, 2017 @03:28PM (#14931317)
> Obtaining a license just to increase a drug's price from $13.50 to $750 for no apparent reason other than greed isn't enough for you?

This case isn't about that. Are you suggesting we should convict and punish people on trial for one crime because we don't like their past activities and behaviors? Even if those other behaviors were illegal, they should be considered during a separate trial that's actually pertaining to them.

Re:Martin Shkreli is found guilty of securities fraud by wfunction on Friday August 04, 2017 @03:34PM (#14931373)
> This case isn't about that.

That wasn't your question, was it? You asked why he's human garbage, I explained why. I wasn't defending or attacking this case, I was explaining why some think he is human garbage.

Re:Martin Shkreli is found guilty of securities fraud by kbenson on Friday August 04, 2017 @03:40PM (#14931439)
Edit: Whoops, different person. See bottom.

> Nowhere was I (or you) saying anything about this case.

Your specific words in your original response were "He's human garbage, let him rot." That response was to me saying I think the details of the case lead me to believe that I think he should a light sentence.

You very specifically noted through that euphemism that you think he shouldn't get a light sentence in this case because he's human garbage.

Edit: Sorry. That was someone else. I was specifically asking in context, but that wasn't you originally. Mea Culpa. Leaving it here with this note so people that saw it previously can see me retraction.

Re:Martin Shkreli is found guilty of securities fraud by wfunction on Friday August 04, 2017 @03:50PM (#14931560)
For what it's worth, I've colored the usernames on my HN discussions so I don't make mistakes like this. Maybe HN should do that natively.
Re:Martin Shkreli is found guilty of securities fraud by throwawayjava on Friday August 04, 2017 @09:07PM (#14933664)
> This case isn't about that

No. It was about fraud.

Why should we NOT punish people for fraud?

The ways that question are answered in this thread prove your assertion is false. This case IS about that, because without that, he'd just be one more pennyless felon.

Re:Martin Shkreli is found guilty of securities fraud by kbenson on Friday August 04, 2017 @09:38PM (#14933778)
> Why should we NOT punish people for fraud?

Who said he shouldn't be punished? I simply stated that since he made restitution prior to charges being brought, perhaps that should factor into sentencing. I don't know who you're arguing against, or what you're really arguing, but it doesn't seem to have anything to do with what I've been talking about.

Re:Martin Shkreli is found guilty of securities fraud by throwawayjava on Tuesday August 08, 2017 @07:01PM (#14963796)
> I simply stated that since he made restitution prior to charges being brought, perhaps that should factor into sentencing.

Restitution isn't the only reason for punishment.

> I don't know who you're arguing against, or what you're really arguing

That he's clearly unapologetic and simply got lucky, and that this should factor into sentencing.

Re:Martin Shkreli is found guilty of securities fraud by amyjess on Friday August 04, 2017 @04:00PM (#14931671)
Al Capone wouldn't have been prosecuted for tax evasion if he wasn't an infamous mobster.

This is how society's immune system functions.

Re:Martin Shkreli is found guilty of securities fraud by kbenson on Friday August 04, 2017 @04:16PM (#14931849)
Al Capone wouldn't have had to evade taxes if he wasn't obtaining his income through illegal means.

I also see a distinction between Capone and Shkreli in that Capone's other actions which may have influenced his trial were myriad illegal activities that they couldn't get evidence for. Shkreli is just believed to be an asshole.

Re:Martin Shkreli is found guilty of securities fraud by croon on Saturday August 05, 2017 @07:46AM (#14935289)
Is the illegality of the other activities really relevant if they can't be prosecuted?

The justice system is meant to punish specific crimes, which it did done in both cases, but that doesn't prohibit you as a human to see it as karmic justice, for someone being a garbage human, wether legally or illegally.

Re:Martin Shkreli is found guilty of securities fraud by kbenson on Saturday August 05, 2017 @01:30PM (#14936789)
> Is the illegality of the other activities really relevant if they can't be prosecuted?

Normally, no (which I said explicitly in another comment here). In this case, the activities are linked. There's no need to evade taxes if your income isn't illegal.

Even so, I don't subscribe to the argument that it's entirely a good thing that we prosecuted Capone for tax evasion. We were unable to prove the actual criminal activities, so we instead looked at the fruits of those activities and used that.

Another way to look at it is that the justice system completely failed initially. We couldn't build a case for the major crimes, but we could for the lesser crimes. He was still guilty of both (this is of course assuming his guilt).

In Shkreli's case, we failed to prosecute originally because it's not a crime. The current case isn't related in the same way, and linking them and punishing in the latter because of people's perception of the former is akin to levying a harsher sentence on someone because of their interracial marriage in a region and time when that was legal but frowned upon. Social pressure unrelated to the issue at hand should not be relevant in court. Even if it's related to the issue at hand in the case, it should be restricted to sentencing (where it likely can't be removed anyway).

Re:Martin Shkreli is found guilty of securities fraud by MichaelGG on Friday August 04, 2017 @03:33PM (#14931364)
And what's wrong with that? Be upset that the FDA only approved one company to make the drug.

And it's not like anyone was hurt. Overall, insurers ended up paying a bit more (drugs are only 10-15% of US health care costs, and very few people need Daraprim). Big deal. If more people did this, then the system would get this issue addressed, maybe.

On top of that, he said he was investing the profits into researching better drugs, though of course that's not a requirement.

Re:Martin Shkreli is found guilty of securities fraud by davewritescode on Friday August 04, 2017 @08:54PM (#14933613)
It came out in congressional testimony that they were completely misrepresenting how they were re-investing profits. Employees were pilfering profits with 100% raises, massive bonuses and lavish parties. Very little if anything was going back into R&D.

If you want to make a profit and drink champagne on yachts that's totally fine, just don't go around telling everyone that you're pouring those profits back into research.

Re:Martin Shkreli is found guilty of securities fraud by Osmose on Friday August 04, 2017 @03:37PM (#14931414)
It is possible to be upset with both the system and the people using it.
Re:Martin Shkreli is found guilty of securities fraud by MichaelGG on Friday August 04, 2017 @04:07PM (#14931752)
True, and if it comes out that Turing knowingly blocked people from getting it despite knowing their eligibility, then he deserves derision. But so far he's just pointed out the huge issues and laughed, driving up awareness.

At some point if your system is so terribly busted and no one is fixing it, eh, maybe you lose the right to hate people abusing it. Or maybe his wit and charisma is making me blind to the issue here.

Re:Martin Shkreli is found guilty of securities fraud by croon on Saturday August 05, 2017 @07:58AM (#14935322)
I found a rule loophole that allowed me to wear an Iron Man suit while playing in the NFL, so I made a career making millions of dollars a year. Aint I brave and admirable for pointing out the issue?

I'm getting increasingly annoyed at the culture of praising exploiters of the system instead of promoting constructive players (who are less profitable, ie less sexy). I understand that the contrarian view to "The Man" is the easiest one to take, even if I think the identified "Man" is the diametrical opposite.

Re:Martin Shkreli is found guilty of securities fraud by manquer on Sunday August 06, 2017 @12:54AM (#14939749)
The actual equivalent is that The loophole should only allow you and no one else.. so if rule is set like that who is to blame ?
Re:Martin Shkreli is found guilty of securities fraud by KekDemaga on Friday August 04, 2017 @03:35PM (#14931387)
Can I presume you offer your skills to anyone who asks at a wage that reflects a minimum cost of living (ie no iPhone or other luxuries the bare minimum cost of living). If not what is your reasoning beyond apparent greed?
Re:Martin Shkreli is found guilty of securities fraud by wfunction on Friday August 04, 2017 @03:57PM (#14931644)
I don't understand your comment.
Re:Martin Shkreli is found guilty of securities fraud by KekDemaga on Friday August 04, 2017 @04:34PM (#14932011)
Take a look at wealth globally, if GDP was evenly distributed every year everyone would get roughly ten thousand dollars. That's pretax, thus the total average spend per human being be in direct cash payments or via governmental programs should not exceed that number in a fair system. In western nations the poor see double that number on average in cash compensation, and more than triple that number when you include government services.

My point is fairness and accusations of greed cut both ways, if fairness was truly the concern of the poster he would also cut his standard of living in order to benefit those much worse off than him. As he more than likely does not his argument is not "let's increase fairness" but rather "people in my class and I deserve more" and that's the same argument the people raising the drug prices are making.

Re:Martin Shkreli is found guilty of securities fraud by wfunction on Friday August 04, 2017 @06:42PM (#14932978)
It seems like you are completely missing the point. This has little to do with economic inequality. The issue is not that this guy had a random product and raised its price. If this had been a car or an iPhone, we could not have cared less if he had been "greedy" and selling it for $1M/piece. The issue is that this is medicine we're talking about. People don't view healthcare and medicine like they view ordinary services and products. Many people (perhaps not you) have a much higher threshold for what kind of practice is moral/ethical/acceptable in medicine. That's why even in the middle of a battlefield people think it is inhumane to prevent doctors from treating injured soldiers, the war be damned. There is more to humanity than money.
Re:Martin Shkreli is found guilty of securities fraud by bradjohnson on Friday August 04, 2017 @07:55PM (#14933352)
Re:Martin Shkreli is found guilty of securities fraud by wfunction on Friday August 04, 2017 @08:13PM (#14933428)
Retrophin was a company and not a drug, right? The comment is saying things like "Retrophin isn't a widely used drug" which is really confusing me and makes me think either I or the writer (or both) don't have any idea what he's talking about. I'm trying to make sense of it compared to what I'm reading from other sources and am completely failing because of this.
Re:Martin Shkreli is found guilty of securities fraud by bradjohnson on Friday August 04, 2017 @09:14PM (#14933701)
The drug was called Daraprim. I think the linked comment misspoke when calling it Retrophin, but I have heard many of the same things that they are saying. Namely that anyone that cannot get the drug through insurance can get it for free. I don't think that Martin Shkreli is a good guy by any means, but portraying him as "human garbage" is not entirely fair.
Re:Martin Shkreli is found guilty of securities fraud by jamra on Friday August 04, 2017 @03:53PM (#14931587)
I believe he reinvests 80% back into R&D. That's a pretty large sum. It's a lot more than the big companies. If a better drug for toxoplasmosis is developed that doesn't kill people, it would have been a great achievement.