Bobby Smurda is Crying in His Cell

[BKF]

Fuck that vampire, he brought the company knowing that his greed will coast the lives of millions.. Other companies may do it but they do it slowly and often with reasons, usually the reason is that they charge extra money for production or to cover the cost of their lab centers, insurance, chemist and engineers... But this case there is very little of that, all this is is nothing but greed, a mother fucker trying to capitalize off of dying people..

I agree with you somewhat but drug companies increase cost on drugs that have been around for a long time. Just to increase their profit margin. Plus they overcharge for drugs here in the USA and charge less in countries outside the USA. Fuck all of them.

 

[RoadRage]

This dude knew this was coming and was trying to appeal to the hip-hop/rap community. I guess he wants people to mention him in their raps and interviews.

"Free Shkreli"

Doing a typical CAC Im not racist, spin doctor move...

I agree with you somewhat but drug companies increase cost on drugs that have been around for a long time. Just to increase their profit margin. Plus they overcharge for drugs here in the USA and charge less in countries outside the USA. Fuck all of them.

True and to an extent the law allows them to have some increase in their drugs but its never as crazy as the fuckery, this dude is trying to pull..

 

[largebillsonlyplease]

Fuck that vampire, he brought the company knowing that his greed will coast the lives of millions.. Other companies may do it but they do it slowly and often with reasons, usually the reason is that they charge extra money for production or to cover the cost of their lab centers, insurance, chemist and engineers... But this case there is very little of that, all this is is nothing but greed, a mother fucker trying to capitalize off of dying people..

So it's HOW long it takes you to do it that's OK? lol
There's no difference between him and the rest
and I'm not defending HIM one bit I'm on record saying he's a real piece of shit because HE IS.
But so are the rest of them and they'll remain free doing what he did.

 

[Mrfreddygoodbud]

And this post is the grand opening and grand closing to this entire thread.

You ain't tell now one line and nothing that you said.

Hell, I know, I major in international economics.

The Wealth of Nations is so full of sh!t.

You aint lying, the super wealthy elite get insider trading tips ALL THE FUCKING TIME

and its legal..

but let you or I make a couple of milly off something we heard.....

 

[largebillsonlyplease]

I agree with you somewhat but drug companies increase cost on drugs that have been around for a long time. Just to increase their profit margin. Plus they overcharge for drugs here in the USA and charge less in countries outside the USA. Fuck all of them.

Thank you
trying to rationalize them motherfuckers like they only do it cause they have to NO THEY FUCKING DON'T the hard work is done they not creating NEW drugs they charging for the ones they can make on autopilot that WE can't afford anymore over time lol

 

[playahaitian]

Fucked up they did that so he wouldn't bail out Bobby.

i was about to laugh but then...

 

[RoadRage]

Thank you
Well if this is really common practice, like you say, then his billion dollar defense team should have no problems citing the common practice phama price gauging... If not then he is totally fucked...
Using common sense however leads me to believe that the practice of hiking up the prices so high is not as common as you think and for him to do it on such a vital international drug that is so important for the lives of so many people, he is getting exactly what he deserve..
Also thank god the TPP laws are not in place yet, because if it were his company would be able to then turn around go to arbitrary court to sue the government..

 

[RoadRage]

So it's HOW long it takes you to do it that's OK? lol
There's no difference between him and the rest
and I'm not defending HIM one bit I'm on record saying he's a real piece of shit because HE IS.
But so are the rest of them and they'll remain free doing what he did.

Well he would have to justify the spike, often other companies may increase their prices, but we do not know the circumstances behind their spike. Often it can be very expensive production coast... If Duke is not able to justify his sharp increase of price then he's basically fucked.. But don't worry he should have enough bread to buy his way out of most of the charges, but his deal may be dead or the prices regulated by the government..
As far as Bobby goes, he is fucked, because in order for him to put up that type of money, he will have to open up his books to the feds and by doing that it could really impact his current case..

 

[tallblacknyc]

wu tang: did i ever tell u about the time we sold a cd that really was all the songs that didn't make the albulm of the albulm we was gonna sell for 2 mill

 

[BKF]

"Crying in my cell, almost had bail,

Well he would have to justify the spike, often other companies may increase their prices, but we do not know the circumstances behind their spike. Often it can be very expensive production coast... If Duke is not able to justify his sharp increase of price then he's basically fucked.. But don't worry he should have enough bread to buy his way out of most of the charges, but his deal may be dead or the prices regulated by the government..
As far as Bobby goes, he is fucked, because in order for him to put up that type of money, he will have to open up his books to the feds and by doing that it could really impact his current case..

http://www.wsj.com/articles/for-prescription-drug-makers-price-increases-drive-revenue-1444096750
"For 20 leading global drug companies last year, 80% of growth in net profits stemmed from price increases in the U.S., according to a May report by Credit Suisse. "

 

[dagoon121]

Fucked up they did that so he wouldn't bail out Bobby.

.........might sound like a joke but could be the absolute truth
watch him come out and change his mind about bailing him out
when the Feds comes for u, Illuminati comes wit them

 

[Mello Mello]

i was about to laugh but then...

.........might sound like a joke but could be the absolute truth
watch him come out and change his mind about bailing him out
when the Feds comes for u, Illuminati comes wit them

I wouldn't doubt it. Feds have a sense of humor too. They wouldn't want to encourage people with money and power to consolidate it to help others less fortunate. They have to discourage that. They know the justice system is a farce. The reason for a lot of these high rates of conviction is the economics. Most can't AFFORD legal council or bail to get them out of it. And they love to remind black people with money that they can't buy their freedom even tho we know it can.

So they get to pretend that nobody is above the law by throwing away a few rich assholes. To send a message.

 

[MonkeyBizness]

Fucked up they did that so he wouldn't bail out Bobby.

I'm sure you're joking.
The Feds had their eyes on this fuckboy for a minute now. He's basically been flipping the bird at everyone for a while now. He painted a target on himself while ago.

 

[RoadRage]

"Crying in my cell, almost had bail,

http://www.wsj.com/articles/for-prescription-drug-makers-price-increases-drive-revenue-1444096750
"For 20 leading global drug companies last year, 80% of growth in net profits stemmed from price increases in the U.S., according to a May report by Credit Suisse. "

Not saying you are wrong or anything.. But there is so much ambiguity in that article that its hard to put any type of value on any of the stats they are pumping out.. For example what exactly is 20 leading global companies? How do they define leading? Is it the top money making, the biggest in size or the ones leading in price gauging? To the untrained eye this may seem like semantics but those who know, realize that the differences can be very pronounced allowing them to cleverly craft an argument in any direction..
Then there is the issue of net profits, what is that? Profit after all the expenses have been paid out? Well that cleverly eliminates over head, research, insurance and all of the stuff I pointed out causes the biggest spike in prices..
Also they said that the profits stemmed from price increases, not was the result of it... The difference is that price hike may have led to increase interest in the stock market causing the stock to rise making the company worth more..
I just find the wording to this story very suspicious add on the fact that they wasnt you to subscribe to their shit for the full article has bait and switch sensationalism written all over it..

 

[footloose]

Wow all that noise he was making yesterday talkin shit to the rza, stay off social media people if ya dirty and reality tv shows . But he deserved it

 

[kew]

smh

 

[BKF]

Not saying you are wrong or anything.. But there is so much ambiguity in that article that its hard to put any type of value on any of the stats they are pumping out.. For example what exactly is 20 leading global companies? How do they define leading? Is it the top money making, the biggest in size or the ones leading in price gauging? To the untrained eye this may seem like semantics but those who know, realize that the differences can be very pronounced allowing them to cleverly craft an argument in any direction..
Then there is the issue of net profits, what is that? Profit after all the expenses have been paid out? Well that cleverly eliminates over head, research, insurance and all of the stuff I pointed out causes the biggest spike in prices..
Also they said that the profits stemmed from price increases, not was the result of it... The difference is that price hike may have led to increase interest in the stock market causing the stock to rise making the company worth more..
I just find the wording to this story very suspicious add on the fact that they wasnt you to subscribe to their shit for the full article has bait and switch sensationalism written all over it..

Maybe this article is more to your liking.

http://www.bbc.com/news/business-28212223
"Last year, five pharmaceutical companies made a profit margin of 20% or more - Pfizer, Hoffmann-La Roche, AbbVie, GlaxoSmithKline (GSK) and Eli Lilly.

'Profiteering'
With some drugs costing upwards of $100,000 for a full course, and with the cost of manufacturing just a tiny fraction of this, it's not hard to see why.

Last year, 100 leading oncologists from around the world wrote an open letter in the journal Blood calling for a reduction in the price of cancer drugs.

Dr Brian Druker, director of the Knight Cancer Institute and one of the signatories, has asked: "If you are making $3bn a year on [cancer drug] Gleevec, could you get by with $2bn? When do you cross the line from essential profits to profiteering?"

And it's not just cancer drugs - between April and June this year, drug company Gilead clocked sales of $3.5bn for its latest blockbuster hepatitis C drug Sovaldi."

Drug companies justify the high prices they charge by arguing that their research and development (R&D) costs are huge. On average, only three in 10 drugs launched are profitable, with one of those going on to be a blockbuster with $1bn-plus revenues a year. Many more do not even make it to market.

But as the table below shows, drug companies spend far more on marketing drugs - in some cases twice as much - than on developing them. And besides, profit margins take into account R&D costs."

 

[Genesiswiz]

Juat yesterday he was talking about bailing Bobby out

Oh shit, thanks fam

 

[ballscout1]

This ain't justice. He ain't no different than the other ceo's that jack up the prices on the pills a huge segment of the population needs and gets away with it. He's just younger and not tied into the network so they stopped him. Funny how they can move in on him immediately. Have the case ready to be brought to trial to the point where they arrest him swiftly at his home but these other crooks are free to play golf today and play with our lives.

Soon as he aligned himself seemingly with "black" they got him up out of there.

He wasn't aligned with black until after mofokrs was on his ass for jacking the price up.. And he still ain't aligned with blacks simply because he purchased an album.

He purchased a company that was selling them for the cheap price and jacked them up.

 

[ballscout1]

Maybe this article is more to your liking.

http://www.bbc.com/news/business-28212223
"Last year, five pharmaceutical companies made a profit margin of 20% or more - Pfizer, Hoffmann-La Roche, AbbVie, GlaxoSmithKline (GSK) and Eli Lilly.

'Profiteering'
With some drugs costing upwards of $100,000 for a full course, and with the cost of manufacturing just a tiny fraction of this, it's not hard to see why.

Last year, 100 leading oncologists from around the world wrote an open letter in the journal Blood calling for a reduction in the price of cancer drugs.

Dr Brian Druker, director of the Knight Cancer Institute and one of the signatories, has asked: "If you are making $3bn a year on [cancer drug] Gleevec, could you get by with $2bn? When do you cross the line from essential profits to profiteering?"

And it's not just cancer drugs - between April and June this year, drug company Gilead clocked sales of $3.5bn for its latest blockbuster hepatitis C drug Sovaldi."

Drug companies justify the high prices they charge by arguing that their research and development (R&D) costs are huge. On average, only three in 10 drugs launched are profitable, with one of those going on to be a blockbuster with $1bn-plus revenues a year. Many more do not even make it to market.

But as the table below shows, drug companies spend far more on marketing drugs - in some cases twice as much - than on developing them. And besides, profit margins take into account R&D costs."

I agree it's a racket but how many of them purchased a drug already on the market and then jacked the prices if you know ?

 

[BKF]

I agree it's a racket but how many of them purchased a drug already on the market and then jacked the prices if you know ?

I have no idea.

 

[dHustla]

"Crying in my cell, almost had bail,

http://www.wsj.com/articles/for-prescription-drug-makers-price-increases-drive-revenue-1444096750
"For 20 leading global drug companies last year, 80% of growth in net profits stemmed from price increases in the U.S., according to a May report by Credit Suisse. "

FUCK!

 

[dHustla]

Maybe this article is more to your liking.

http://www.bbc.com/news/business-28212223
"Last year, five pharmaceutical companies made a profit margin of 20% or more - Pfizer, Hoffmann-La Roche, AbbVie, GlaxoSmithKline (GSK) and Eli Lilly.

'Profiteering'
With some drugs costing upwards of $100,000 for a full course, and with the cost of manufacturing just a tiny fraction of this, it's not hard to see why.

Last year, 100 leading oncologists from around the world wrote an open letter in the journal Blood calling for a reduction in the price of cancer drugs.

Dr Brian Druker, director of the Knight Cancer Institute and one of the signatories, has asked: "If you are making $3bn a year on [cancer drug] Gleevec, could you get by with $2bn? When do you cross the line from essential profits to profiteering?"

And it's not just cancer drugs - between April and June this year, drug company Gilead clocked sales of $3.5bn for its latest blockbuster hepatitis C drug Sovaldi."

Drug companies justify the high prices they charge by arguing that their research and development (R&D) costs are huge. On average, only three in 10 drugs launched are profitable, with one of those going on to be a blockbuster with $1bn-plus revenues a year. Many more do not even make it to market.

But as the table below shows, drug companies spend far more on marketing drugs - in some cases twice as much - than on developing them. And besides, profit margins take into account R&D costs."

So what's the answer to this for us as consumers & citizens? Because, clearly, the gov't can't/ain't dealing with it!

This is just as bad as the Prison profiteering, and war profiteering.

 

[BKF]

So what's the answer to this for us as consumers & citizens? Because, clearly, the gov't can't/ain't dealing with it!

This is just as bad as the Prison profiteering, and war profiteering.

The government only does things it's push to do. Look at the recent 9/11 healthcare extension. It took great effort to get that pass (from victims to TV personalities) . We have to lean hard on these politicans and show we mean business because the pharmaceutical companies pockets are deep.

 

[An RnB Thug]

You wanna bail out Black People huh?

 

[BKF]

 

[ballscout1]

I have no idea.

only reason I asked is because i think that is what separates this dude from the industry in general.

it's obvious that prices in the US are rigged because the same drugs in other countries are so much less and the industry has that strong lobby to keep US citizens from buying their drugs from those countries

 

[BKF]

only reason I asked is because i think that is what separates this dude from the industry in general.

it's obvious that prices in the US are rigged because the same drugs in other countries are so much less and the industry has that strong lobby to keep US citizens from buying their drugs from those countries

Yeah I understood that. That's why I somewhat agreed with the op but I totally disagree with this statement below.

"Well he would have to justify the spike, often other companies may increase their prices, but we do not know the circumstances behind their spike. Often it can be very expensive production coast..."

 

[RoadRage]

Maybe this article is more to your liking.

http://www.bbc.com/news/business-28212223
"Last year, five pharmaceutical companies made a profit margin of 20% or more - Pfizer, Hoffmann-La Roche, AbbVie, GlaxoSmithKline (GSK) and Eli Lilly.

'Profiteering'
With some drugs costing upwards of $100,000 for a full course, and with the cost of manufacturing just a tiny fraction of this, it's not hard to see why.

Last year, 100 leading oncologists from around the world wrote an open letter in the journal Blood calling for a reduction in the price of cancer drugs.

Dr Brian Druker, director of the Knight Cancer Institute and one of the signatories, has asked: "If you are making $3bn a year on [cancer drug] Gleevec, could you get by with $2bn? When do you cross the line from essential profits to profiteering?"

And it's not just cancer drugs - between April and June this year, drug company Gilead clocked sales of $3.5bn for its latest blockbuster hepatitis C drug Sovaldi."

Drug companies justify the high prices they charge by arguing that their research and development (R&D) costs are huge. On average, only three in 10 drugs launched are profitable, with one of those going on to be a blockbuster with $1bn-plus revenues a year. Many more do not even make it to market.

But as the table below shows, drug companies spend far more on marketing drugs - in some cases twice as much - than on developing them. And besides, profit margins take into account R&D costs."

This coincides more to what I was saying before, because as corrupt as the pharmaceutical game is their prices are not there just for profits, a lot of it goes towards research, insurance and even marketing (lobbyist).. This dude on the other hand is simply holding people lives for hostage with medication that can help all for profit..
Even with the pro phama laws out there Duke is going way overboard, and I hope they throw the book at his greedy ass...

 

[BKF]

This coincides more to what I was saying before, because as corrupt as the pharmaceutical game is their prices are not there just for profits, a lot of it goes towards research, insurance and even marketing (lobbyist).. This dude on the other hand is simply holding people lives for hostage with medication that can help all for profit..
Even with the pro phama laws out there Duke is going way overboard, and I hope they throw the book at his greedy ass...

That's just it though. The pharmaceuticals like the airlines, like the oil companies, etc... are all full of shit. How is it that there cost is supposedly higher at the same time their profits are skyrocketing?

 

[Mrfreddygoodbud]

Its one thing to be a shrewd business man,

its another think to piss of 99 percent of the population.....

again, he fucked up when the gay community was effected by

his greed.....

but wallstreet knows, if he made just some friends along the way,

he wouldnt be up shits creek....

but he will do his time, come out and get a book and movie deal.....

even if he beats the charges, he will have a hard time getting back

to where he was....

and nobody is going to cry for him..

and the whole bobby schmurder thing was his attempt to

get sympathy from the hip hop community, he knew they

was coming after his ass..

 

[RoadRage]

That's just it though. The pharmaceuticals like the airlines, like the oil companies, etc... are all full of shit. How is it that there cost is supposedly higher at the same time their profits are skyrocketing?

They are, because they are given a certain leeway due to the contributions to society they contribute, examples being discoveries in the medical field that saves lives and help prolong lives..
However, even with these perks or leeways, duke has gone way too far, this is why he is being brought up on charges and not the others..

 

[Trunks4191]

Martin Shkreli