/biz/ - Business & Finance

So who here volunteers to pickup martin skreli when he gets out of jail?

>>13561630
>He doesn't know about Shkreli's other bad bets

>On February 1, 2011, in a naked short sale on an account it held with Merrill Lynch, MSMB Capital sold short 32 million shares of Orexigen Therapeutics stock at about $2.50 per share the day after its price plunged from $9.09, when the Food and Drug Administration (FDA) declined to approve the drug Contrave. The stock price rebounded; MSMB could not cover the position, although it had told Merrill Lynch that it could. Merrill Lynch lost $7 million on the trade and MSMB Capital was virtually wiped out.

Dude was just a bad gambler, then moved on to securities fraud to 'make it'.