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Did I say otherwise? Is there any doubt in your mind as to why they went after him though? How many other hedge fund managers do you know of that have ever seen
by 0xbear 9y ago
Did I say otherwise? Is there any doubt in your mind as to why they went after him though? How many other hedge fund managers do you know of that have ever seen the inside of a jail cell?
- singhrac 9y agoLots! Raj Rajaratnam, Gabriel & Marco Bitran, Florian Homm, Paul Moore IV, Michael Murphy, Jeffrey Toft, Chad Sloat, etc. I admit to knowing none of the details in any of these cases, I just googled "hedge fund managers in jail".
- paulgb 9y agoYou didn't say otherwise, but it seems to explain why he was prosecuted while Bresch was not.
- 0xbear 9y agoNot why he was prosecuted. Why he was even considered for prosecution in the first place. Some of the investors "harmed" by Shkreli admitted on the stand that their investments with him were the best they've ever made. Dude is also obviously smart and talented, and while he might have bent the rules here and there, as far as I can tell no harm has come to anyone in the end. So what this amounts to is little more than a witch hunt. The "aggrieved" party has made a lot of money. But my comment was more about a peculiar difference in the treatment of two people in similar circumstances based seemingly on whether their relatives are high ranking government officials. Surely this should have seen some more scrutiny from the "free" press, no?
- dingo_bat 9y agoHis obvious intent was to draw attention to the highly negative attention Shkreli got which probably caused harsher treatment in this case too.