Harsh sentence for the pharma bro
This guy is proof that public relations are more important than policy. If he would have just stayed quiet and flown below the radar instead of buying Wu-Tang albums and pretending vulture capitalism was virtuous, he'd be on a beach instead of spending 84 months behind bars.
He will do at least 6 years, barring appeal.
Shkreli cried as he told the judge that he made many mistakes and he apologized to investors.
His attorney argued that he deserved 18 months or less and shouldn't be punished for being outspoken. Judge Kiyo Matsumoto says she did not take his outside actions into account.
His argument that no one lost money in his 'fraud' was convincing but his price gauging in pharmaceuticals was devastating. Reminder: No one went to prison for the financial crisis.
