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demmiblue

(39,497 posts)

7. Ha, ha!

Fri Mar 9, 2018, 02:09 PM

Mar 2018

Martin Shkreli Weeps, Tells Sentencing Judge: ‘This Is My Fault’

Martin Shkreli told a federal court that he understands his mistakes and begged forgiveness from the investors he lied to, saying, “I am terribly sorry I lost your trust. You deserved far better.”

He choked back tears as he addressed Judge Kiyo Matsumoto, who will impose a sentence at the end of Friday’s hearing in Brooklyn, N.Y. He was convicted in August of lying to investors in his hedge funds and manipulating shares in the biotech company he founded. The prosecution has recommended he serve 15 years, while his defense team has said a shorter term is warranted.

https://www.bloomberg.com/news/articles/2018-03-09/martin-shkreli-weeps-tells-sentencing-judge-this-is-my-fault?cmpid=socialflow-twitter-business&utm_content=business&utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social

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Update: Martin Shkreli sentenced to seven years in prison for defrauding investors [View all] BumRushDaShow Mar 2018 OP

Good 👍 irisblue Mar 2018 #1

Ha Ha Ha Ha Ha Ha Ha Ha Ha ! ProfessorGAC Mar 2018 #2

This guy is a douche, I hope he isn't in one of those country club prisons. dewsgirl Mar 2018 #3

"Country Club" prisons are a myth maxsolomon Mar 2018 #30

Any chance Plucketeer Mar 2018 #4

4 posts in, prison rape joke. maxsolomon Mar 2018 #33

Not as much as deserved. Would've loved to see the full 15 & a ban from trading for life. 7962 Mar 2018 #5

Me too, and all his assets seized as well. Really wipe that smirk off up his smug face! BigmanPigman Mar 2018 #18

+1 nitpicker Mar 2018 #47

well that should barbtries Mar 2018 #6

Ha, ha! demmiblue Mar 2018 #7

Is this from The Onion? BigmanPigman Mar 2018 #19

Oh HORSESHIT. He has a long way to go before I'll ever believe him. 7962 Mar 2018 #43

Fucker cried in court dalton99a Mar 2018 #8

Awwwwww!!! hatrack Mar 2018 #12

I'd love volstork Mar 2018 #26

BOOM BABY!!!! What a great start to the weekend!! bullwinkle428 Mar 2018 #9

No word that I can find as to where he'll serve. OnlinePoker Mar 2018 #10

Do you mean "low security federal prison"? maxsolomon Mar 2018 #31

FCI Medium Butner is my best guess jmowreader Mar 2018 #45

Friday, just got a WHOLE LOT BETTER!!! hatrack Mar 2018 #11

ZZZZBest was Barry Minkow's time in the pen bucolic_frolic Mar 2018 #13

Let's hope Kurt V. Mar 2018 #39

DU experts - does this mean he has to serve the full seven? spiderpig Mar 2018 #14

The good and bad of Club Fed. safeinOhio Mar 2018 #21

A happy ending to a generally shitty week. Vinca Mar 2018 #15

Seven years will end up around three. Now for the civil lawsuits. marble falls Mar 2018 #16

Civil Lawsuits. BobTheSubgenius Mar 2018 #25

I admit I thought he had a minimum 10 years coming, but three or so effective years work... marble falls Mar 2018 #29

Yes, I'd love to see him broke. He cost a lot of people a ton of money 7962 Mar 2018 #48

There is no Federal Parole... 85% jail time mrJJ Mar 2018 #46

7 years for defrauding investors but nothing for screwing the public. progressoid Mar 2018 #17

When is parole? uponit7771 Mar 2018 #20

no parole for federal crime onetexan Mar 2018 #22

So he's doing 7 hard ? justice uponit7771 Mar 2018 #23

No parole for Fed crime. safeinOhio Mar 2018 #24

A Club Fed incarceration is nothing compared to a real prison. Kablooie Mar 2018 #27

Why should he be in a "real prison"? maxsolomon Mar 2018 #32

Just didn't have Trump's luck. maddiemom Mar 2018 #28

With any luck, cloudbase Mar 2018 #34

Killing sick people? Pfft. Defrauding investors? Lock him up! I'll take what I can get. Hekate Mar 2018 #35

Sweet! radliberal Mar 2018 #36

Here's hoping it's federal pound me in the ass prison. briv1016 Mar 2018 #37

Who's Sorry Now? Whose heart is achin' for breakin' each vow? You had your way. Now yu must pay. Honeycombe8 Mar 2018 #38

My bet is he was only crying because he got caught and not because he was feeling actual remorse. cstanleytech Mar 2018 #40

Life can indeed bring us to tears - and not always due to our own actions... radhika Mar 2018 #41

Minimum security doesn't seem so bad gerryatwork Mar 2018 #42

Cry us a river, Pharma-Douche. Enjoy your stay. (nt) Paladin Mar 2018 #44