Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Botany

(72,591 posts)
Mon Nov 18, 2024, 09:32 AM Nov 18

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

dalton99a

(84,650 posts)
2. Vivek Ramaswamy Is a Fraud -- and Always Has Been
Mon Nov 18, 2024, 09:35 AM
Nov 18
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

(186,984 posts)
5. Thanks for the links. His Wikipedia page is certainly scrubbed of most of this.
Mon Nov 18, 2024, 10:13 AM
Nov 18

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

He basically got a note from his mother.

bluesbassman

(19,868 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 18

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

markodochartaigh

(2,212 posts)
8. The US will be full of millionaires!
Mon Nov 18, 2024, 10:49 AM
Nov 18

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

(39,004 posts)
12. Trump has the power to make everyone millionaires!
Mon Nov 18, 2024, 11:09 AM
Nov 18

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

(1,283 posts)
18. Amazing
Mon Nov 18, 2024, 11:50 AM
Nov 18

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

(72,591 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 18

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

(47,036 posts)
11. And they want Americans to trust them with our retirement savings
Mon Nov 18, 2024, 11:04 AM
Nov 18

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.

jfz9580m

(15,542 posts)
13. I posted in several threads about it
Mon Nov 18, 2024, 11:25 AM
Nov 18

Last edited Mon Nov 18, 2024, 12:45 PM - Edit history (1)

https://www.democraticunderground.com/?com=view_post&forum=1002&pid=19732107

https://www.democraticunderground.com/?com=view_post&forum=1002&pid=19728526

I’m Indian and as embarrassed by this guy as presumably many white/black/jewish dems are respectively by most of the GOP; Candace Owens, Ben Carson etc; Ben Shapiro, Steven Prager etc. .

We didn’t get a biracial president with Indian roots, but we did get this guy pissing off most people… .

Thankfully some 70+% Indians vote dem and at least hopefully a half of that is about liberal values beyond self interest. Not sure what the stats were in this election..was too dejected to look it up. With so many voting against self interest, liberal values (eternally neglected environmental issues, poverty eradication, equality, civil rights for all, regulation of capitalism) are in for a bleak future if a large enough number of people who can afford it don’t pull together in the farther future for values beyond immediate, narrow self interest.

And not performatively (I.e. what conservatives sneer at as virtue signalling), but rather non superficially recognising that science and policy matter. You cannot just get rid of the govt and run a country like a business. You cannot despoil the environment without depleting it and seriously endangering public health. It may not happen overnight, but in the long run the attrition to health and quality of life are significant even if you see no tragedy in the destruction of forests, oceans etc for their own sakes.

This era will also be remembered as the time Si Valley unleashed some truly awful ideas on the world:

https://qz.com/191694/why-an-occupy-activist-turned-googler-thinks-eric-schmidt-should-run-the-us

Justine Tunney is an engineer at Google. But she’s also, by her own account, a founder of the Occupy Wall Street movement. (Other Occupy protesters take issue with that description, but one thing is for sure, she was active and visible in Occupy for three years.) At the intersection of these two unlikely facts is a third—Tunney recently launched a petition on the website of the White House to appoint Google chairman Eric Schmidt as “CEO of America,” replacing president Barack Obama in what would amount to a bloodless coup.

Mostly, this proposal has been met with mockery. As of this writing, the original petition has only 32 signatures.


It didn’t happen with Eric Schmidt but they sure seem to be trying with the far worse Musk. I cannot believe these fringe fucking ideas by these drugged-out*, brainless, shallow, vapid, si valley bros have gotten enough traction at least BTS to seriously affect the lives of so many humans and other life forms. These guys are idiots-Thiel, Yarvin, Musk, Ramaswamy .

It is time to understand that a lot of Si Valley doesn’t seem that different from the robber barons of the past. EarlG’s post election post mortem too was about how new media is leading to a post truth reality. That is the general take in my small circle re the election. That above all it has become impossible to communicate effectively with algorithms feeding people garbage.

https://newrepublic.com/article/188309/elon-musk-always-like-this-silicon-valley

https://www.newsweek.com/ruthless-overlords-silicon-valley-63639

https://www.theguardian.com/technology/2024/oct/22/elon-musk-pac-spending-facebook

(*: hey I am all for weed legalization, but you are not supposed to actually take the stuff you think of when high seriously. That is what idiots like Musk don’t get. It is called an altered state for a reason. Simulation theories and multiverses etc may be fun speculation but when you seem this disconnected from the realities of all the people whose jobs, healthcare and lives these callous and cavalier tech bros are sneeringly playing with…)



jfz9580m

(15,542 posts)
19. You are welcome.
Mon Nov 18, 2024, 12:07 PM
Nov 18

Heh..yeah I have been following these si valley creeps for a while.

The reason I am pointing these next few things out is not that I think these morons will be wildly successful with their drivel. God I hope not anyway! But I do think a lot of the public has no idea that these are not just “successful entrepreneurs” etc. Many of them are seriously nuts.

If people are unhappy with their lives under a govt of actual policy makers, wait till it is a bunch of drugged-out crypto bros with narcissistic delusions who genuinely seem to be incapable of comprehending that anyone other than their own selves is an actual, real human being. Idiots who think everything is a damn meme or alt right joke.


This lunatic who preached about some bullshit called the dark enlightenment is one of their neo reactionary heroes:

https://en.m.wikipedia.org/wiki/Nick_Land

These are their actual “thinkers”: this Nick Land guy; a pretentious moron called Curtis Yarvin. who writes these lame pseudo intellectual things. What is also really sad is that all their insecurities and idiocy are on display in their writings..if they were brighter they would shut up.

Land seems to have been an even more consummate nutcase than Yarvin .
https://readthis.wtf/writing/nick-land-an-experiment-in-inhumanism/

https://medium.com/the-awl/the-darkness-before-the-right-84e97225ac19

(The original magazines those two articles are from no longer exist, but the source articles were respectable enough. I don’t think Park MacDougal is even liberal-he writes for Unherd- but he is not crazy)

I mean I don’t want to give you nightmares. I wouldn’t want to spread fear myself via the net. It’s just stuff to be aware of when they pretend to be thinkers or efficient etc.

They are these drugged-out guys who often still seem stuck in the college frat house grandiosely pontificating wasted about how awesome world would be if only they ran things. Some of these idiots (Yarvin and Tunney at least) actually talk about how awesome monarchy/aristocracy were.

And it is done with that sleazy, grating alt right flair as if it is all just joke. However, they are actually trolling govt employees or really anyone who pays attention to their shallow selves. It is very angering how lightly they take other people’s lives and problems. These are horrible people. Imagine people on SS, SSDI or generally getting by being trolled by these vapid, irresponsible, callous assholes. I see the fear even here in other DUers and it is really angering that these guys can frighten and worry so many people. So damn cavalier.

I hope they will not get away with much more than oodles of grift and breaking of stuff that can be reversed once the public has had enough..yeah merely that.

Hekate

(95,036 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 18

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

Hekate

(95,036 posts)
25. I used to do that with Tulsi Gabbard, back when she had fans here...
Mon Nov 18, 2024, 01:03 PM
Nov 18

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.

jfz9580m

(15,542 posts)
26. Thanks-Yeah the Shrkeli thing was bonkers
Mon Nov 18, 2024, 01:09 PM
Nov 18
Didn’t really surprise me but still...

I should check out your posts about Gabbard. I knew she was in some weird cult, but not much more. I am glad she finally jumped ship.

From then on, when I saw something substantive, I saved it and shared it.

That’s a good idea. Some of these links do tend to break on the scale of years, so sometimes i also extract out the most salient stuff.

I shall keep an eye out for your posts.

Hekate

(95,036 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 18

Good luck!

Old Crank

(4,795 posts)
17. The version I read was a bit longer.
Mon Nov 18, 2024, 11:49 AM
Nov 18

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

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

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

(24,961 posts)
22. I think his last name should be "RamaSMARMY".....
Mon Nov 18, 2024, 12:31 PM
Nov 18

"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

(10,060 posts)
29. They always have the worst, lowest, creepiest candidates. There is a huge attraction
Tue Nov 19, 2024, 09:22 AM
Nov 19

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

Absolutely repulsive

Latest Discussions»General Discussion»How Vivek Ramaswamy made ...