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Well he wasn't sentenced for any of those things. His real "play" was securities fraud.
by paxy 9y ago
Well he wasn't sentenced for any of those things. His real "play" was securities fraud.
- roymurdock 9y agoSure, he had the spotlight on him after the "pharma bro" stories came out and everyone started to hate him unequivocally without considering how perverse incentives within the pharma/insurance system have allowed countless other drug manufacturers to take advantage of the same loopholes and price gouging techniques. Unfortunately for him he has a hateable face, fit into the "young rich person flying too close to sun" story arc, and was dumb enough to continue his trolling activities instead of fading from the limelight and allowing the mob to pass on to the next social media pariah. Think about it...his crime was that he lied to a few rich people who gave him money, then ended up making these rich people even more money in the end, ending positively for them. Then ask yourself why prosecutors have failed to go after any of the bankers responsible for the great financial crisis, which affected hundreds of millions of people and their families, causing many people to lose their homes, jobs, etc. Is that really a fair system? Or are people just gloating about this guy going to jail as some type of proxy for justice being served somewhere, in some fashion for white collar financial crime that many have been indirectly victimized by, but have never received due compensation/justice. Really, nobody on HN should care that he's going to prison, drug price gouging will still continue on unabated, and 20 more snake oil ICOs will pop up tomorrow to steal investors money. This conviction is hardly a sign that the system is working as intended. https://www.theatlantic.com/business/archive/2016/08/why-arent-any-bankers-in-prison-for-causing-the-financial-crisis/496232/ https://www.theatlantic.com/business/archive/2016/08/why-are...