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Botany

(76,686 posts)
Mon Nov 18, 2024, 09:32 AM Nov 2024

How Vivek Ramaswamy made his money. I am pretty sure this is accurate.

Vivek Ramaswamy and others owned a company that had a patent for a medicine to
treat Alzheimer’s and they were able to plant a story that their medicine was effective
in treating the disease after which the stock in their company rocketed up. By the time
it came out that the medicine was worthless in treating Alzheimer’s he and his partners
had sold all their stock and walked away with millions of dollars. He will fit right in with
Trump because he is a con man too.

The cleaning up of Ramaswamy’s history and calling him a Biotech Entrepreneur is pure
bullshit. Just like Trump’s sane washing by our media.

https://www.democraticunderground.com/10143342072

America is so screwed.


29 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
How Vivek Ramaswamy made his money. I am pretty sure this is accurate. (Original Post) Botany Nov 2024 OP
🤮 🤮 🤮 🤮 🤮 a kennedy Nov 2024 #1
Vivek Ramaswamy Is a Fraud -- and Always Has Been dalton99a Nov 2024 #2
Thanks for the links. His Wikipedia page is certainly scrubbed of most of this. underpants Nov 2024 #5
The media sanewashes all these low lifes and grifters. Diamond_Dog Nov 2024 #3
Vivek comes across as a fast talking carnival oasis Nov 2024 #4
Pump and dump. It won't be illegal anymore! yardwork Nov 2024 #6
Hell, they'll be teaching it as part of the MBA program at Trump University. bluesbassman Nov 2024 #7
The US will be full of millionaires! markodochartaigh Nov 2024 #8
Trump has the power to make everyone millionaires! hunter Nov 2024 #12
Amazing 3auld6phart Nov 2024 #18
It gets worse him mom ran the study which suggested the drug works. dsc Nov 2024 #9
His Biotech company was just a rented office just north of Columbus, Ohio off of U.S.-23 & I 270 Botany Nov 2024 #10
And they want Americans to trust them with our retirement savings IronLionZion Nov 2024 #11
This message was self-deleted by its author jfz9580m Nov 2024 #13
Great post! So much good information - now to digest. erronis Nov 2024 #14
This message was self-deleted by its author jfz9580m Nov 2024 #19
Thanks for putting all this info together. His mother & brother were part of the scam? Ugh -- an upscale version of... Hekate Nov 2024 #23
This message was self-deleted by its author jfz9580m Nov 2024 #24
I used to do that with Tulsi Gabbard, back when she had fans here... Hekate Nov 2024 #25
This message was self-deleted by its author jfz9580m Nov 2024 #26
To find them at all, you'd have to rummage in the DU Archives from when Hillary was running for POTUS Hekate Nov 2024 #27
This message was self-deleted by its author jfz9580m Nov 2024 #28
There are so many public figures with bullshit "we built this" back stories. He's one of many. tenderfoot Nov 2024 #15
I'm pretty sure if you look up the word "tool" in the dictionary, you'd see his picture. Initech Nov 2024 #16
The version I read was a bit longer. Old Crank Nov 2024 #17
Wake up America! Mr.Bee Nov 2024 #20
His mom was part of that grift. BradBo Nov 2024 #21
I think his last name should be "RamaSMARMY"..... lastlib Nov 2024 #22
They always have the worst, lowest, creepiest candidates. There is a huge attraction liberalla Nov 2024 #29

dalton99a

(92,821 posts)
2. Vivek Ramaswamy Is a Fraud -- and Always Has Been
Mon Nov 18, 2024, 09:35 AM
Nov 2024
https://www.newsweek.com/vivek-ramaswamy-fraud-always-has-been-opinion-1823853
Vivek Ramaswamy Is a Fraud — and Always Has Been
Published Sep 01, 2023 at 2:12 PM EDT


https://www.politico.com/news/2023/05/23/vivek-ramaswamy-martin-shkreli-pharma-00098338
How Vivek Ramaswamy helped make Martin Shkreli the ‘pharma bro’
Ramaswamy’s hedge fund firm invested with the since-infamous Shkreli. Later, he would say he was “pathologically incapable of telling the truth.”
By Daniel Lippman
05/23/2023 10:51 AM EDT

underpants

(195,550 posts)
5. Thanks for the links. His Wikipedia page is certainly scrubbed of most of this.
Mon Nov 18, 2024, 10:13 AM
Nov 2024

Although it does include one line of praise for Pharma Bro.

He basically got a note from his mother.

bluesbassman

(20,375 posts)
7. Hell, they'll be teaching it as part of the MBA program at Trump University.
Mon Nov 18, 2024, 10:28 AM
Nov 2024

Which of course will be resurrected, fully accredited, and funded by block grants once the Department of Education has been dismantled.

markodochartaigh

(5,230 posts)
8. The US will be full of millionaires!
Mon Nov 18, 2024, 10:49 AM
Nov 2024

You can work a working class job and never scrape together a million dollars. You can work a white collar job and take a decade to get a million dollars. Or you can live the life of a grifter and make millions in a year!

hunter

(40,473 posts)
12. Trump has the power to make everyone millionaires!
Mon Nov 18, 2024, 11:09 AM
Nov 2024

Unfortunately in a hyper-inflationary economy that'll be what a carton of eggs costs, if you can find them.

The tech-bros will have their own money, a crypto-currency traded among themselves. They will measure their comparative wealth by the size of their harems.

3auld6phart

(1,680 posts)
18. Amazing
Mon Nov 18, 2024, 11:50 AM
Nov 2024

How some people love their Charlatans and grifters ., Mary Baker Eddy. L Ron Hubbard, Joseph Smith and Brigham young. Jim jones and his Koolaid , Ken Copeland, Osteeen, Grahams Bakkers just to gawd damn , many to name …grifters and cheats,all

Botany

(76,686 posts)
10. His Biotech company was just a rented office just north of Columbus, Ohio off of U.S.-23 & I 270
Mon Nov 18, 2024, 11:02 AM
Nov 2024

I know exactly where it at ….. lots of the people there have lost their jobs and went
out on their “own” there are lots of White Collar grifters there.

So his mother was the one pushed the lie about how good the medicine was for Alzheimer’s?

IronLionZion

(50,994 posts)
11. And they want Americans to trust them with our retirement savings
Mon Nov 18, 2024, 11:04 AM
Nov 2024

since social security and medicare are socialism. Might as well find efficiencies through privatizing all of it. Enrich some douchebags. And lots of people will die for profit. That's the price of freedom.

Response to Botany (Original post)

Response to erronis (Reply #14)

Hekate

(100,133 posts)
23. Thanks for putting all this info together. His mother & brother were part of the scam? Ugh -- an upscale version of...
Mon Nov 18, 2024, 12:36 PM
Nov 2024

…Ma Barker and her boys, who were considered lowlifes in crime because they didn’t think big enough I guess.

Response to Hekate (Reply #23)

Hekate

(100,133 posts)
25. I used to do that with Tulsi Gabbard, back when she had fans here...
Mon Nov 18, 2024, 01:03 PM
Nov 2024

Just kept collecting the info and posting it. Can’t readily locate my stash any more because I stopped working at my desk with a real computer and went to a iPad on my couch. Someone (I think a Hawai’i based journalist) did a lengthy research piece on her and the cult she was raised in, early on, probably when she entered politics in the Islands. Ye gods. From then on, when I saw something substantive, I saved it and shared it.

You are doing a real public service. I knew Vivek was obnoxious, but didn’t know he’d done business with Shrkeli, of all people.

Response to Hekate (Reply #25)

Hekate

(100,133 posts)
27. To find them at all, you'd have to rummage in the DU Archives from when Hillary was running for POTUS
Mon Nov 18, 2024, 01:25 PM
Nov 2024

Good luck!

Response to Hekate (Reply #27)

Old Crank

(6,765 posts)
17. The version I read was a bit longer.
Mon Nov 18, 2024, 11:49 AM
Nov 2024

He bought a company that had done badly in the stage 2 trials. With Mom and brother.
Mom scrubbed the data to make it look like the product was better than it was and they talked up the stock and went for stage 3 trials. They pumped up the stock during the trials and sold off a bunch just before the results of the trials were due. Turned out the drug was a flop.....
Investors, mosty small people, got nothing, and he, mom and brother pocketed millions.
Should have been investigated but it was small potatoes investors who got burned so nothing happened.

Mr.Bee

(1,721 posts)
20. Wake up America!
Mon Nov 18, 2024, 12:17 PM
Nov 2024

They trumped you. they used you, they got your vote and kicked you to the curb!
Because for them, America First, for you, Americans LAST!
Laughing all the way to the bank.

lastlib

(27,785 posts)
22. I think his last name should be "RamaSMARMY".....
Mon Nov 18, 2024, 12:31 PM
Nov 2024

"Smarmy" fits him to a tee. Like The Felon and E-loon, he should be nowhere near power. America will rue letting him get close.

liberalla

(10,921 posts)
29. They always have the worst, lowest, creepiest candidates. There is a huge attraction
Tue Nov 19, 2024, 09:22 AM
Nov 2024

between the gop and the immoral, useless, lawless people.
(like vivek)... gah!

Absolutely repulsive

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