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'It's not funny, Mr. Shkreli': Drug exec grins before Congress

'It's not funny, Mr. Shkreli': Drug exec grins before Congress

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by: Johhny Active Indicator LED Icon 3 OP 
~ 8 years ago   Feb 4, '16 2:16pm  
'It's not funny, Mr. Shkreli': Drug exec grins before Congress
 
Embattled drug entrepreneur Martin Shkreli — who vigorously defended his decision to hike the price of a life-saving drug from $13.50 to $750 — suddenly went silent Thursday at a Congressional committee, smirking and grinning instead of answering questions.
 
Now facing an unrelated federal criminal indictment, the typically loquacious Shkreli refused to testify, repeatedly citing his Fifth Amendment right not to incriminate himself.
 
Members of Congress launched into fiery lectures directed at Shkreli, whose previous company, Turing Pharmaceuticals, came under scrutiny when it raised the price of Daraprim more than 5,000%.
 
"Drug company executives are lining their pockets at the expense of some of the most vulnerable families in our nation," U.S. Rep. Elijah Cummings, D-Maryland, said. "It's not funny, Mr. Shkreli. People are dying and they're getting sicker and sicker."
 
The boyish-faced Shkreli sat quietly at the witness table, clasping his hands tightly and slowly rubbing his fingers together as he was lectured. He smirked several times and appeared on the verge of laughter at one point when Cummings was speaking.
 
After the hearing, he removed any doubt about his feelings.
 
"Hard to accept that these imbeciles represent the people in our government," Shkreli said on Twitter, where he proceeded to retweet several users who posted supportive messages.
 
Pelted with hostile questions, Shkreli repeatedly recited a prepared statement that he would not testify on the advice of his counsel. He is facing multiple criminal securities charges over allegations that he took stock from a previous biotech company to pay off business debts and lied about the investment returns of his former hedge fund.
 
www.msn.com/en-us/ne ws/us/its-not-funny- mr-shkreli-drug-exec -grins-before-c
 
Why does this guy remind me of Donald Trump?
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EddyFree Active Indicator LED Icon 10
~ 8 years ago   Feb 4, '16 4:37pm  
Wonder how many of those Representatives are having their pockets lined by Big Pharma too, even as they publicly denounce the shady practices...
 
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BusyMommy Active Indicator LED Icon 14
~ 8 years ago   Feb 4, '16 4:47pm  
@EddyFree my guess would be at least half........
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