4 ms·

> shouldn't these two simply be in prison right now? Compare and contrast with Shkreli sentencing. Some animals are more equal than others.

leggomylibro 9y ago
Well, Holmes and Balwani didn't actively and loudly antagonize most of the country. Most rich criminals know that when you scoff at the law, you should do it quietly.
- jessaustin 9y ago
  It also helps to have lots of family and friends who have given lots of money to lots of politicians. For nonviolent crime like this, the law really is different for different people.
- username223 9y ago
  Most poor criminals know that, too. Shkreli openly taunted the criminal justice system, and that doesn't end well for anyone.
charlesdm 9y ago
Some animals at least are likeable as people. Others are not.
hourislate 9y ago
Remember who was on the Board of Theranos. These upstanding Americans will never serve a day in Prison including Holmes and Balwani. Shkreli on the other hand was thrown in prison for raising the price of a drug, making money for his investors and offering a reward for one hair. Justice has been served. Junk away....
- matthewmacleod 9y ago
  Shkreli was actually thrown in jail for comprehensively defrauding investors.
  - deleted 9y ago
    [deleted]
  - hourislate 9y ago
    Yeah...hehehe....sure he was... And Elizabeth thought her technology actually worked. A honest mistake... Junk away....
aje403 9y ago
I'm not really sure that's fair. In fact, IANAL and have zero knowledge of law, but the two had seemingly nearly opposite intent of their crimes. Who knows what was going on in the girl's head, but it sounds more like a bunch of idiot investors gave a lot of money to a dreamer who wanted to make an impact and didn't know when to quit and fold her hand rather than an elaborate con. That gets taken into consideration before pitchforks come out. At a certain point you have to wonder why did a 21 year old get paid 700 million dollars on good faith to start a pharmaceutical company with little oversight? I remember reading about the board a few years ago and just looked it up again. Several generals, Henry Kissinger...huh? This is all seems pretty obvious in hindsight.
- alehul 9y ago
  > sounds more like a bunch of idiot investors gave a lot of money to a dreamer who wanted to make an impact and didn't know when to quit and fold her hand rather than an elaborate con Until you said 'her', I actually thought you were referring to Shkreli. He ran a hedge fund starting at 23, and when he lost a lot of the money, he made bigger bets and tried to earn the money back rather than admitting his losses. > I remember reading about the board a few years ago and just looked it up again. Several generals, Henry Kissinger...huh? Shkreli raised money from Steven Cohen's SAC Capital, the family of Fred Hassan (former CEO of Schering-Plough), and Brent Saunders, the current CEO of Allergan. Their stories, though they differ in industry, seem quite similar when compared in detail.
  - aje403 9y ago
    While I don't know either of them so it is an unfair judgment to make, I would guess there's a big difference in thoughts in the back of their head: "These idiots aren't getting their money back, wait for my next play..." "If I can hold them off for another year, we'll have a big breakthrough..." Making larger bets to cover for an hide losses is a very common story for traders on wall street. Buying an AIDS drug to price gouge is not. In contrast, it seems like Holmes had an earnest desire to improve medical tech. Again, I'm speculating, we'll see if this unfolds any further. Fun story to follow.

leggomylibro 9y ago

Well, Holmes and Balwani didn't actively and loudly antagonize most of the country. Most rich criminals know that when you scoff at the law, you should do it quietly.

jessaustin 9y ago
It also helps to have lots of family and friends who have given lots of money to lots of politicians. For nonviolent crime like this, the law really is different for different people.
username223 9y ago
Most poor criminals know that, too. Shkreli openly taunted the criminal justice system, and that doesn't end well for anyone.

charlesdm 9y ago

Some animals at least are likeable as people. Others are not.

hourislate 9y ago

Remember who was on the Board of Theranos. These upstanding Americans will never serve a day in Prison including Holmes and Balwani. Shkreli on the other hand was thrown in prison for raising the price of a drug, making money for his investors and offering a reward for one hair. Justice has been served. Junk away....

matthewmacleod 9y ago
Shkreli was actually thrown in jail for comprehensively defrauding investors.
- deleted 9y ago
  [deleted]
- hourislate 9y ago
  Yeah...hehehe....sure he was... And Elizabeth thought her technology actually worked. A honest mistake... Junk away....

aje403 9y ago

I'm not really sure that's fair. In fact, IANAL and have zero knowledge of law, but the two had seemingly nearly opposite intent of their crimes. Who knows what was going on in the girl's head, but it sounds more like a bunch of idiot investors gave a lot of money to a dreamer who wanted to make an impact and didn't know when to quit and fold her hand rather than an elaborate con. That gets taken into consideration before pitchforks come out. At a certain point you have to wonder why did a 21 year old get paid 700 million dollars on good faith to start a pharmaceutical company with little oversight? I remember reading about the board a few years ago and just looked it up again. Several generals, Henry Kissinger...huh? This is all seems pretty obvious in hindsight.

alehul 9y ago
> sounds more like a bunch of idiot investors gave a lot of money to a dreamer who wanted to make an impact and didn't know when to quit and fold her hand rather than an elaborate con Until you said 'her', I actually thought you were referring to Shkreli. He ran a hedge fund starting at 23, and when he lost a lot of the money, he made bigger bets and tried to earn the money back rather than admitting his losses. > I remember reading about the board a few years ago and just looked it up again. Several generals, Henry Kissinger...huh? Shkreli raised money from Steven Cohen's SAC Capital, the family of Fred Hassan (former CEO of Schering-Plough), and Brent Saunders, the current CEO of Allergan. Their stories, though they differ in industry, seem quite similar when compared in detail.
- aje403 9y ago
  While I don't know either of them so it is an unfair judgment to make, I would guess there's a big difference in thoughts in the back of their head: "These idiots aren't getting their money back, wait for my next play..." "If I can hold them off for another year, we'll have a big breakthrough..." Making larger bets to cover for an hide losses is a very common story for traders on wall street. Buying an AIDS drug to price gouge is not. In contrast, it seems like Holmes had an earnest desire to improve medical tech. Again, I'm speculating, we'll see if this unfolds any further. Fun story to follow.