20 January 2016

Least Surprising News of the Day

Pharma bro Martin Shkreli hasw taken the 5th in response to a Congressional inquiry into price gouging in drugs:
The founder and former CEO of Turing Pharmaceuticals, Martin Shkreli, invoked his Fifth Amendment right against compelled self-incrimination on Wednesday, and he won't comply with a subpoena for documents issued from a Senate panel investigating pharma drug pricing tactics.

The 32-year-old Shkreli was also subpoenaed to appear before a different panel, the US House Committee on Oversight and Government Reform, to testify about the price of a life-saving drug he increased by more than 5,000 percent.

Shkreli became the poster child for greed last year after he raised the price of Daraprim—used to treat parasitic infections—from $13.50 a pill to $750. A single pill once sold for $1. Now facing criminal charges that he allegedly defrauded investors, Shkreli has said he should have boosted prices for the drug even more.
Let's be clear:  He has a right not to testify against himself, but generally it doesn't apply to, you know, physical proof.

And yes, he is a ratf%$# who deserves to spend the rest of his life in gaol.


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