The pharmaceutical company behind Martin Shkreli's infamous 4,000 percent price hike—now known as Vyera Pharmaceuticals—filed for bankruptcy this week and plans to sell its assets to pay off millions in debts.
In court documents filed Wednesday, Vyera's chief restructuring officer, Lawrence Perkins, largely blamed Shkreli for dooming the company and its affiliates.
Everyone who works/worked for Vyera/Turing Pharmaceuticals should only look forward to a lifetime of litigation and underemployment, plus contracting a loathsome disease from which they die soon, painfully, and often. Pirates like Shkreli and Perkins are the sort of capitalists that make communism seem appealing.
1 comment:
But if they're punished isn't this going to take away the incentive from other well meaning "entrepreneurs" to attempt great things? We should be celebrating Marty and Sam the fried bankman in their attempts to reach for the stars. What is wrong with us? Sure a few people were hurt but that's the price of progress. Come to think of it, I'm going to write my congressman Ron "Anon" Johnson. Lets quit punishing these achievers and turn them loose. Maybe it's time for the Financial inventors protection act. Lets let the "invisible hand of the free market' decide.
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