
Pharmaceutical entrepreneur Martin Shkreli, vilified for buying up drug companies and dramatically boosting the prices of some medications, has been arrested by the FBI on securities fraud charges related to his former hedge fund and a drug company he onc
I've been following this fairly closely. He's been engaged in this scheme for far longer than he's been jacking up pill prices. It looks like the rational for the pill prices was so that he could accumulate enough wealth to pay down all the money he owed that wasn't already written off. Now, whether this was the plan all along, or a last minute exit strategy is yet to be seen.