5 ms·
I am the only one hoping the judge offers bail, then raises it 5000% over the norm?
by jackhack 11y ago
I am the only one hoping the judge offers bail, then raises it 5000% over the norm?
- kbenson 11y agoNo, you have it wrong. It's not about the price increase percentage, it's about setting the price to what the market is willing to bear. In this case the Market is Martin Shkreli, and what he's willing to bear is likely everything he owns.
- pc86 11y agoNo sense giving the defense any more reasons for appeal. Whether the guy is a scumbag or not, whether he has a lot of money or not, the criminal justice system should not be imposing undue burden or punishment based on public opinion regarding a matter that isn't even relevant to the case. I won't lose any sleep when this guy goes to prison for a long time, but no sense doing nonsense that will only mildly inconvenience him and give potential grounds for appeal.
- oxide 11y agoany chance he doesn't end up in prison, though? I might be naive, but I'm under the impression that the book doesn't get thrown at white-collar criminals in the US. what are the odds he just ends up on probation?
- pc86 11y agoI don't know any of the specifics of the case and IANAL so I couldn't say. My lay understanding is that this is a pretty straight-forward case and he will see the inside of a jail cell. Personally, I think that impression (which is popular) is largely because A) white-collar criminals can typically afford better representation than someone e.g. accused of armed robbery; B) we're much more likely to hear about someone who embezzled $30 million getting off with a slap on the wrist than we are to hear about someone who broke into an empty apartment building getting a similarly light sentence.
- Kalium 11y agoAlso, armed robbery is often much easier to prove than more complex securities fraud.
- gohrt 11y agoYou don't go to prison for white collar crime. That's almost impossible to prove. You go to prison for getting caught lying during an investigation about white color crime.
- Nelson69 11y agoIt depends on the federal prosecutor, convicting high profile criminals is one of the ways they parlay that in to politics. It's largely a matter of whether the case is winnable. Then if he acts anything like his public persona suggests, I can't see too many prosecutors going easy on him, if he's abrasive or something? It's entirely possible they give him the Schwartz treatment.
- iak8god 11y ago> I won't lose any sleep when this guy goes to prison for a long time What is the point of putting someone like this in prison? He wouldn't pose a threat to others if he were released immediately. He should be sentenced to spend his time and energy giving back to society.
- mvgoogler 11y agoI saw a story that his lawyer did exactly that: http://www.newyorker.com/humor/borowitz-report/lawyer-for-martin-shkreli-hikes-fees-five-thousand-per-cent http://www.newyorker.com/humor/borowitz-report/lawyer-for-ma... I really want it to be true...