Page 23 - Martin Shkreli Teaching Guide
P. 23
Conclusions
Shkreli’s business strategy is to a great extent based on
his ability to fund his growth. However, his recourse to
‘shorting’ has come back to haunt him in the form of the
SEC charging him with securities fraud and conspiracies.
Moreover he was charged with looting his company’s
funds to pay back losses made on bad trades.
In addition Shkreli’s character and judgement are
brought into question. It would appear that he does
himself no favours whether in his business situation or
outwith it. He sees the acquisition of under maximised
drug pricing as an opportunity to raise prices and is