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from the the-enemy-of-my-enemy-is-my-friend,-right? dept.
Martin Shkreli, the former CEO of Turing Pharmaceuticals AG, has launched a list to shame other pharmaceutical companies:
This week, a pharmaceutical trade group stepped up its efforts to distance itself from Martin Shkreli, the disgraced ex-CEO of several drug companies who gained notoriety for an eye-popping drug price increase and an indictment for securities fraud. The trade group even made a television ad to try to bolster its image and make clear that it is different—better—than the likes of Shkreli and his greedy ways.
Is it, though? If you ask Shkreli, it's not. And he's made a website to try to convince you.
On the bare-bones Pharmaskeletons.com, an angry and vengeful Shkreli lists instances of greed, criminal behavior, and other sleaziness of individual members of the pharmaceutical trade group PhRMA. Not all his claims are backed up, explained, or accurate. But the site still offers an embarrassing catalogue of bad deeds, which Shkreli told STAT he would continually update.
(Score: 0) by Anonymous Coward on Friday January 27 2017, @02:13AM
One of the numbers I particularly find telling is that the US military cannot account for roughly $6.5 trillion that we've given them. In other words, 1/3 of the US national debt was money that was sent to the Pentagon and promptly disappeared with nothing to show for it.
You need to look into that much deeper. Your description of the facts does not pass the laugh test. DoD budget is ~0.5 trillion per year. [defense.gov] How could they possibly have last the entire budget for the last 12.5 years?
The answer is they did not. What really happened is that they did not keep track of it in sufficient detail to pass the most scrupulous audit. E.g. they bought a humvee but didn't break out the costs for individual options, like leather seats and a machine-gun mount. But they still accounted for the entire cost of the humvee.
I'm not saying there isn't waste in the Pentagon. I am saying that you are misrepresenting the meaning of the number you are talking about.
(Score: 2) by Nobuddy on Friday January 27 2017, @05:19PM
Don't forget the thousands of M1 tanks the Army did not want because they already had too many in mothball, the DoD did not want for the same reason, but Congress forced them to buy anyway because the bribes were good.
waste does not have to be money that cannot be accounted for, or even overpaying for items.