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A spokesman said the campaign would not keep money “from this poster boy for drug company greed.” All the criticism seemed at first to have some impact and Shkreli said he would lower the price. When Hillary Clinton tried one more time last month to get him to cut the cost, he dismissed her with the tweet “lol.” At a Forbes summit in New York this month, wearing a hooded sweatshirt, he said if he could have done it over, “I probably would have raised the price higher,” adding, “My investors expect me to maximize profits.” that he had no immediate plans to listen to it.He takes often to Twitter and message boards, bragging about his business strategies, musical tastes and politics; he live-streams from his office for long stretches.Barely 23, he was managing hedge fund Elea Capital in New York and lost it all in 2007.Around then, a trade with Lehman Brothers ended with a .3 million judgment against him, prosecutors said.He paid himself “far in excess” of the agreed-upon 1 percent management fee and 20 percent profit incentive, according to the SEC.About 2000: Age 17, Shkreli interns for Jim Cramer, of “Mad Money," and correctly predicts biotech decline.would fall and wound up owing million to his broker, Merrill Lynch, authorities said.He couldn’t pay, and he, an unnamed accomplice and MSMB Capital eventually extinguished the debt with a

A spokesman said the campaign would not keep money “from this poster boy for drug company greed.” All the criticism seemed at first to have some impact and Shkreli said he would lower the price. When Hillary Clinton tried one more time last month to get him to cut the cost, he dismissed her with the tweet “lol.” At a Forbes summit in New York this month, wearing a hooded sweatshirt, he said if he could have done it over, “I probably would have raised the price higher,” adding, “My investors expect me to maximize profits.” that he had no immediate plans to listen to it.He takes often to Twitter and message boards, bragging about his business strategies, musical tastes and politics; he live-streams from his office for long stretches.Barely 23, he was managing hedge fund Elea Capital in New York and lost it all in 2007.Around then, a trade with Lehman Brothers ended with a $2.3 million judgment against him, prosecutors said.He paid himself “far in excess” of the agreed-upon 1 percent management fee and 20 percent profit incentive, according to the SEC.About 2000: Age 17, Shkreli interns for Jim Cramer, of “Mad Money," and correctly predicts biotech decline.would fall and wound up owing $7 million to his broker, Merrill Lynch, authorities said.He couldn’t pay, and he, an unnamed accomplice and MSMB Capital eventually extinguished the debt with a $1.35 million settlement, they said.

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A spokesman said the campaign would not keep money “from this poster boy for drug company greed.” All the criticism seemed at first to have some impact and Shkreli said he would lower the price. When Hillary Clinton tried one more time last month to get him to cut the cost, he dismissed her with the tweet “lol.” At a Forbes summit in New York this month, wearing a hooded sweatshirt, he said if he could have done it over, “I probably would have raised the price higher,” adding, “My investors expect me to maximize profits.” that he had no immediate plans to listen to it.

.35 million settlement, they said.

While the 32-year-old has earned a rare level of infamy for his brazenness in business and his personal life, what he was charged with had nothing to do with skyrocketing drug prices.He drew shocked rebukes from Congress, doctors and presidential candidates, and brought public attention to the rising prices of older drugs.Donald Trump called Shkreli a “spoiled brat,” and the BBC dubbed him the “most hated man in America.” Bernie Sanders, the Democratic presidential candidate, rejected a ,700 campaign donation from him, directing it to an HIV clinic.He is accused of repeatedly losing money for investors and lying to them about it, illegally taking assets from one of his companies to pay off debtors in another. Agents of the Federal Bureau of Investigation arrested Shkreli at his Midtown Manhattan apartment at about a.m.“Shkreli essentially ran his company like a Ponzi scheme where he used each subsequent company to pay off defrauded investors from the prior company,” Brooklyn U. and forced him to walk through a gaggle of photographers outside FBI headquarters.

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