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![[Post New]](/s/i/i.gif) 2015/12/10 13:35:33
Subject: Martin Shkreli Pays $2 Million for Wu-Tang Clan Album
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Thane of Dol Guldur
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Pharma exec Martin Shkreli pays $2 million for Wu-Tang Clan album
by Emanuella Grinberg, CNN ( http://www.cnn.com/2015/12/09/entertainment/martin-shkreli-wu-tang-album-feat/index.html)
It was conceived as a one-of-a-kind collector's item like no other in the history of music, a piece of art equivalent to "owning the scepter of an Egyptian king."
Legendary rap group Wu-Tang Clan announced in March 2014 that it would produce just one copy of "Once Upon a Time in Shaolin" to be sold to the highest bidder. The 31-track album would come in a hand-carved box with a leather-bound book of parchment paper containing lyrics and backstory.
Rumors swarmed over who would end up with one of hip-hop's most coveted albums of all time, with director Quentin Tarantino, a Wu-Tang fan and associate, leading the odds. According to Clan producer RZA, mastermind of the project, "private collectors, trophy hunters, millionaires, billionaires, unknown folks, publicly known folks, businesses, companies with commercial intent, young, old" expressed interest.
Today, the buyer was revealed in a Bloomberg Businessweek exclusive as none other than reviled pharmaceutical CEO Martin Shkreli. His biggest prior claim to fame was raising the price on a drug used by AIDS and cancer patients from $13.50 to $750 per pill after his company, Turing Pharmaceuticals, bought the rights to it (he later promised to lower the price).
Given Shkreli's reputation as "the most hated man" in America, the announcement drew widespread jeers from fans, music critics and even those who never paid much mind to the rap collective before.
"Martin Shkreli is so lonely he spent $2 million on the new Wu-Tang album to hopefully buy friends," comedian Mike Glazer said on Twitter.
"The first thing we do when the uprising begins is liberate the Wu-Tang album from Martin Shkreli's house," journalist Tom Gara tweeted.
Anticipating this sort of outcome, fans launched a Kickstarter campaign in 2014 to raise money to bid on the album. The attempt fell far short of its $5 million goal, raising just $15,406.
Even the Wu appears to be distancing itself from the transaction, which was handled by online auction house Paddle 8.
"The sale of Once Upon a Time in Shaolin was agreed upon in May, well before Martin Skhreli's business practices came to light. We decided to give a significant portion of the proceeds to charity," RZA wrote in an email to Bloomberg Businessweek.
The Clan had initially wanted to forbid the buyer from publicly releasing the album for 88 years but eventually loosened the terms to ensure that it was never sold commercially.
Shkreli appears to be taking the criticism in stride. He tweeted the article from Bloomberg when it came out and followed it up with the quip, "If there is a curious gap in your favorite artist's discography, well, now you know why" (which, unsurprisingly, drew lots of threatening Wu-Tangisms like "protect ya neck" and "remember, Wu-Tang Clan Ain't Nuthing ta feth wit.")
Later on, he asked for "poll suggestions" for "which artist should I now approach to buy my next private album from?"
Shkreli told Bloomberg he has not listened to the album. He's saving it for a "rainy day."
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This message was edited 1 time. Last update was at 2015/12/10 13:42:47
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![[Post New]](/s/i/i.gif) 2015/12/10 13:44:29
Subject: Re:Martin Shkreli Pays $2 Million for Wu-Tang Clan Album
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[DCM]
Et In Arcadia Ego
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http://www.independent.co.uk/arts-entertainment/music/news/that-wu-tang-clan-martin-shkreli-2m-album-deal-has-an-amazing-caveat-a6767546.html
First we learned that the single copy of the Wu-Tang Clan album was bought by a pharmaceuticals CEO once described as “the most hated man in America” (reportedly for $2 million), then the buyer - Martin Shkreli - started a YouTube live stream, teasing that he might play the album for viewers, and now we learn of an amazing stipulation in the album’s contract.
‘The buying party also agrees that,’ it states, ‘at any time during the stipulated 88 year period, the seller may legally plan and attempt to execute one (1) heist or caper to steal back Once Upon A Time In Shaolin, which, if successful, would return all ownership rights to the seller.’
Then comes the best bit:
‘Said heist or caper can only be undertaken by currently active members of the Wu-Tang Clan and/or actor Bill Murray, with no legal repercussions.’
I don’t know if Murray was aware that he was written into the deal, but I like to imagine him slowly and carefully putting on a cat burglar outfit somewhere right now, blasting 'Protect Ya Neck' from his speakers and looking real serious.
This is also begging for a movie adaptation, possibly directed by Wes Anderson.
After Shkreli’s business practices came to light, RZA confirmed to Bloomberg that Wu-Tang with be giving a “significant portion’ of the proceeds from the album sale to charity.
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The poor man really has a stake in the country. The rich man hasn't; he can go away to New Guinea in a yacht. The poor have sometimes objected to being governed badly; the rich have always objected to being governed at all
We love our superheroes because they refuse to give up on us. We can analyze them out of existence, kill them, ban them, mock them, and still they return, patiently reminding us of who we are and what we wish we could be.
"the play's the thing wherein I'll catch the conscience of the king, |
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![[Post New]](/s/i/i.gif) 2015/12/10 18:37:20
Subject: Martin Shkreli Pays $2 Million for Wu-Tang Clan Album
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Battlefield Tourist
MN (Currently in WY)
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Shkreli appears to be taking the criticism in stride. He tweeted the article from Bloomberg when it came out and followed it up with the quip, "If there is a curious gap in your favorite artist's discography, well, now you know why" (which, unsurprisingly, drew lots of threatening Wu-Tangisms like "protect ya neck" and "remember, Wu-Tang Clan Ain't Nuthing ta feth wit.")
Later on, he asked for "poll suggestions" for "which artist should I now approach to buy my next private album from?"
Shkreli told Bloomberg he has not listened to the album. He's saving it for a "rainy day."
This guy loves being the villain.
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Support Blood and Spectacles Publishing:
https://www.patreon.com/Bloodandspectaclespublishing |
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![[Post New]](/s/i/i.gif) 2015/12/10 21:05:25
Subject: Martin Shkreli Pays $2 Million for Wu-Tang Clan Album
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The Conquerer
Waiting for my shill money from Spiral Arm Studios
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Wait what? Is this real?
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Self-proclaimed evil Cat-person. Dues Ex Felines
Cato Sicarius, after force feeding Captain Ventris a copy of the Codex Astartes for having the audacity to play Deathwatch, chokes to death on his own D-baggery after finding Calgar assembling his new Eldar army.
MURICA!!! IN SPESS!!! |
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![[Post New]](/s/i/i.gif) 2015/12/10 21:07:03
Subject: Martin Shkreli Pays $2 Million for Wu-Tang Clan Album
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Quick-fingered Warlord Moderatus
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Surprised someone hasnt been looking into his company expenses yet. With how much their profit went down with the drug debacle, I find it suspect he has that much cash himself
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3000
4000 |
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![[Post New]](/s/i/i.gif) 2015/12/12 04:28:58
Subject: Martin Shkreli Pays $2 Million for Wu-Tang Clan Album
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Decrepit Dakkanaut
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The album thing?? Yeah, that's real. Heard about the single copy album a number of months back...
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![[Post New]](/s/i/i.gif) 2015/12/12 21:57:18
Subject: Martin Shkreli Pays $2 Million for Wu-Tang Clan Album
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Keeper of the Holy Orb of Antioch
avoiding the lorax on Crion
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Eh, idiot. 2mil for some music....
2 million dollars invested in property would be safer...
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Sgt. Vanden - OOC Hey, that was your doing. I didn't choose to fly in the "Dongerprise'.
"May the odds be ever in your favour"
Hybrid Son Of Oxayotl wrote:
I have no clue how Dakka's moderation work. I expect it involves throwing a lot of d100 and looking at many random tables.
FudgeDumper - It could be that you are just so uncomfortable with the idea of your chapters primarch having his way with a docile tyranid spore cyst, that you must deny they have any feelings at all. |
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![[Post New]](/s/i/i.gif) 2015/12/12 22:18:07
Subject: Martin Shkreli Pays $2 Million for Wu-Tang Clan Album
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Ragin' Ork Dreadnought
Monarchy of TBD
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Seriously, I'd love to see this as a movie. Can you imagine? I believe that a Wu Tang clause just became a necessity in any and all contracts I create.
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Klawz-Ramming is a subset of citrus fruit?
Gwar- "And everyone wants a bigger Spleen!"
Mercurial wrote:
I admire your aplomb and instate you as Baron of the Seas and Lord Marshall of Privateers.
Orkeosaurus wrote:Star Trek also said we'd have X-Wings by now. We all see how that prediction turned out.
Orkeosaurus, on homophobia, the nature of homosexuality, and the greatness of George Takei.
English doesn't borrow from other languages. It follows them down dark alleyways and mugs them for loose grammar.
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![[Post New]](/s/i/i.gif) 2015/12/12 23:26:50
Subject: Re:Martin Shkreli Pays $2 Million for Wu-Tang Clan Album
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Highlord with a Blackstone Fortress
Adrift within the vortex of my imagination.
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The heist or caper clause is going to be interesting.
It absolves the musicians, who must perform the hist themselves, or accompanied by Bill Murray from criminal liability.
This cannot however extend to trespass, or damage of property while performing the heist (which is all but inevitable if it is held in a vault).
As the owner is a grade 1 douche anything could happen.
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n'oublie jamais - It appears I now have to highlight this again.
It is by tea alone I set my mind in motion. By the juice of the brew my thoughts aquire speed, my mind becomes strained, the strain becomes a warning. It is by tea alone I set my mind in motion. |
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![[Post New]](/s/i/i.gif) 2015/12/13 00:58:52
Subject: Re:Martin Shkreli Pays $2 Million for Wu-Tang Clan Album
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Ragin' Ork Dreadnought
Monarchy of TBD
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Orlanth wrote:The heist or caper clause is going to be interesting.
It absolves the musicians, who must perform the hist themselves, or accompanied by Bill Murray from criminal liability.
This cannot however extend to trespass, or damage of property while performing the heist (which is all but inevitable if it is held in a vault).
As the owner is a grade 1 douche anything could happen.
You know, that begs the question- is there a legal definition of heist or caper? I couldn't find one with my googlefu. If one doesn't exist, then would it all fall under the heist or caper charge? This could be a landmark case. The only legal definition of caper I found was a privateer that is also smaller than a regular privateer. They may use a small armed non-warship in their attempt to secure the record.
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Klawz-Ramming is a subset of citrus fruit?
Gwar- "And everyone wants a bigger Spleen!"
Mercurial wrote:
I admire your aplomb and instate you as Baron of the Seas and Lord Marshall of Privateers.
Orkeosaurus wrote:Star Trek also said we'd have X-Wings by now. We all see how that prediction turned out.
Orkeosaurus, on homophobia, the nature of homosexuality, and the greatness of George Takei.
English doesn't borrow from other languages. It follows them down dark alleyways and mugs them for loose grammar.
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![[Post New]](/s/i/i.gif) 2015/12/14 10:45:29
Subject: Re:Martin Shkreli Pays $2 Million for Wu-Tang Clan Album
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Highlord with a Blackstone Fortress
Adrift within the vortex of my imagination.
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The 'contract' doesn't mean a thing if the police prosecute for the numerous possibilities of crime likely committed in the process of removing the album from someone elses property.
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n'oublie jamais - It appears I now have to highlight this again.
It is by tea alone I set my mind in motion. By the juice of the brew my thoughts aquire speed, my mind becomes strained, the strain becomes a warning. It is by tea alone I set my mind in motion. |
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![[Post New]](/s/i/i.gif) 2015/12/13 01:26:03
Subject: Martin Shkreli Pays $2 Million for Wu-Tang Clan Album
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Keeper of the Holy Orb of Antioch
avoiding the lorax on Crion
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Shall we rename it the publicity clause?
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Sgt. Vanden - OOC Hey, that was your doing. I didn't choose to fly in the "Dongerprise'.
"May the odds be ever in your favour"
Hybrid Son Of Oxayotl wrote:
I have no clue how Dakka's moderation work. I expect it involves throwing a lot of d100 and looking at many random tables.
FudgeDumper - It could be that you are just so uncomfortable with the idea of your chapters primarch having his way with a docile tyranid spore cyst, that you must deny they have any feelings at all. |
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![[Post New]](/s/i/i.gif) 2015/12/13 02:42:47
Subject: Martin Shkreli Pays $2 Million for Wu-Tang Clan Album
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Grim Dark Angels Interrogator-Chaplain
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2 mil for an album.... This represents everything that is wrong with the world.... Greed gone mad
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![[Post New]](/s/i/i.gif) 2015/12/13 10:31:59
Subject: Martin Shkreli Pays $2 Million for Wu-Tang Clan Album
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Most Glorious Grey Seer
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Formosa wrote:2 mil for an album.... This represents everything that is wrong with the world.... Greed gone mad
Exactly. Think of all the gold bars that two million could have bought instead.
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![[Post New]](/s/i/i.gif) 2015/12/13 11:13:21
Subject: Martin Shkreli Pays $2 Million for Wu-Tang Clan Album
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Proud Triarch Praetorian
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Can we Kickstart a campaign to pay for a Heist/Caper to get it back?
If we reach the 2 million mark, Bill Murray joins the team!
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![[Post New]](/s/i/i.gif) 2001/12/13 11:54:33
Subject: Martin Shkreli Pays $2 Million for Wu-Tang Clan Album
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Keeper of the Holy Orb of Antioch
avoiding the lorax on Crion
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Breotan wrote: Formosa wrote:2 mil for an album.... This represents everything that is wrong with the world.... Greed gone mad
Exactly. Think of all the gold bars that two million could have bought instead.
I'd rather have the gold!
Despite everything. Gold retains value rather well, is borderline immortal, and stable.
Gold, is well gold :-) plus it looks rather nice!
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Sgt. Vanden - OOC Hey, that was your doing. I didn't choose to fly in the "Dongerprise'.
"May the odds be ever in your favour"
Hybrid Son Of Oxayotl wrote:
I have no clue how Dakka's moderation work. I expect it involves throwing a lot of d100 and looking at many random tables.
FudgeDumper - It could be that you are just so uncomfortable with the idea of your chapters primarch having his way with a docile tyranid spore cyst, that you must deny they have any feelings at all. |
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![[Post New]](/s/i/i.gif) 2015/12/13 11:54:51
Subject: Martin Shkreli Pays $2 Million for Wu-Tang Clan Album
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Ragin' Ork Dreadnought
Monarchy of TBD
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Dreadwinter wrote:Can we Kickstart a campaign to pay for a Heist/Caper to get it back?
If we reach the 2 million mark, Bill Murray joins the team!
I love it! And one of the pledge levels could allow the pledger to become an active member of the Wu Tang Clan, and go on the heist!
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Klawz-Ramming is a subset of citrus fruit?
Gwar- "And everyone wants a bigger Spleen!"
Mercurial wrote:
I admire your aplomb and instate you as Baron of the Seas and Lord Marshall of Privateers.
Orkeosaurus wrote:Star Trek also said we'd have X-Wings by now. We all see how that prediction turned out.
Orkeosaurus, on homophobia, the nature of homosexuality, and the greatness of George Takei.
English doesn't borrow from other languages. It follows them down dark alleyways and mugs them for loose grammar.
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![[Post New]](/s/i/i.gif) 2015/12/13 12:19:20
Subject: Martin Shkreli Pays $2 Million for Wu-Tang Clan Album
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Keeper of the Holy Orb of Antioch
avoiding the lorax on Crion
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Gitzbitah wrote: Dreadwinter wrote:Can we Kickstart a campaign to pay for a Heist/Caper to get it back?
If we reach the 2 million mark, Bill Murray joins the team!
I love it! And one of the pledge levels could allow the pledger to become an active member of the Wu Tang Clan, and go on the heist!
Bill murray movie screenings ? Movie day with bill murray.
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Sgt. Vanden - OOC Hey, that was your doing. I didn't choose to fly in the "Dongerprise'.
"May the odds be ever in your favour"
Hybrid Son Of Oxayotl wrote:
I have no clue how Dakka's moderation work. I expect it involves throwing a lot of d100 and looking at many random tables.
FudgeDumper - It could be that you are just so uncomfortable with the idea of your chapters primarch having his way with a docile tyranid spore cyst, that you must deny they have any feelings at all. |
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![[Post New]](/s/i/i.gif) 2015/12/17 12:43:49
Subject: Re:Martin Shkreli Pays $2 Million for Wu-Tang Clan Album
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[DCM]
Et In Arcadia Ego
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http://www.bloomberg.com/features/2015-martin-shkreli-securities-fraud/
"A boyish drug company entrepreneur, who rocketed to infamy by jacking up the price of a life-saving pill from $13.50 to $750, was arrested by federal agents at his Manhattan home early Thursday morning on securities fraud related to a firm he founded."
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The poor man really has a stake in the country. The rich man hasn't; he can go away to New Guinea in a yacht. The poor have sometimes objected to being governed badly; the rich have always objected to being governed at all
We love our superheroes because they refuse to give up on us. We can analyze them out of existence, kill them, ban them, mock them, and still they return, patiently reminding us of who we are and what we wish we could be.
"the play's the thing wherein I'll catch the conscience of the king, |
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![[Post New]](/s/i/i.gif) 2015/12/17 13:45:55
Subject: Martin Shkreli Pays $2 Million for Wu-Tang Clan Album
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Proud Triarch Praetorian
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Wow, they have been looking in to him for awhile now. He is even sleazier than I could have ever imagined.
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![[Post New]](/s/i/i.gif) 2015/12/17 13:57:03
Subject: Martin Shkreli Pays $2 Million for Wu-Tang Clan Album
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Ollanius Pius - Savior of the Emperor
Gathering the Informations.
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Surprising absolutely no one, I hope.
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![[Post New]](/s/i/i.gif) 2015/12/17 14:23:18
Subject: Re:Martin Shkreli Pays $2 Million for Wu-Tang Clan Album
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Assassin with Black Lotus Poison
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reds8n wrote:http://www.bloomberg.com/features/2015-martin-shkreli-securities-fraud/
"A boyish drug company entrepreneur, who rocketed to infamy by jacking up the price of a life-saving pill from $13.50 to $750, was arrested by federal agents at his Manhattan home early Thursday morning on securities fraud related to a firm he founded."
Good. I hope they rip his companies down and give the rights to those drugs to a company which isn't out to carve a pound of flesh from sick people in need of help.
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The Laws of Thermodynamics:
1) You cannot win. 2) You cannot break even. 3) You cannot stop playing the game.
Colonel Flagg wrote:You think you're real smart. But you're not smart; you're dumb. Very dumb. But you've met your match in me. |
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![[Post New]](/s/i/i.gif) 2015/12/17 14:29:42
Subject: Re:Martin Shkreli Pays $2 Million for Wu-Tang Clan Album
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Last Remaining Whole C'Tan
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Couldn't have happened to a nicer guy.
He should have gone through Wu Financial, it looks like.
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This message was edited 1 time. Last update was at 2015/12/17 14:30:39
lord_blackfang wrote:Respect to the guy who subscribed just to post a massive ASCII dong in the chat and immediately get banned.
Flinty wrote:The benefit of slate is that its.actually a.rock with rock like properties. The downside is that it's a rock |
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![[Post New]](/s/i/i.gif) 2015/12/17 15:37:09
Subject: Martin Shkreli Pays $2 Million for Wu-Tang Clan Album
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Decrepit Dakkanaut
UK
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If he cops a plea (or is found guilty) I suspect he'll end up liquidating quite a few assets (or having them seized)
So will the Wu-Tang clan plot a caper against the federal government to recover the album, higher risk than against Mr Shifty, but to successfully complete it would be all the sweeter....
Maybe Bill Murray could work some sort of movie star/comedien telethon in there somewhere
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![[Post New]](/s/i/i.gif) 2015/12/17 16:01:31
Subject: Martin Shkreli Pays $2 Million for Wu-Tang Clan Album
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Proud Triarch Praetorian
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How Wu Tang stole their Album Back (And Saved Christmas!) Hosted by Bill Murray!
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![[Post New]](/s/i/i.gif) 2015/12/17 17:57:30
Subject: Martin Shkreli Pays $2 Million for Wu-Tang Clan Album
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Legendary Master of the Chapter
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OrlandotheTechnicoloured wrote:If he cops a plea (or is found guilty) I suspect he'll end up liquidating quite a few assets (or having them seized)
So will the Wu-Tang clan plot a caper against the federal government to recover the album, higher risk than against Mr Shifty, but to successfully complete it would be all the sweeter....
Maybe Bill Murray could work some sort of movie star/comedien telethon in there somewhere
I think you underestimate Bill Murray. This arrest is clearly the first step in his master plan.
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![[Post New]](/s/i/i.gif) 2015/12/17 20:07:02
Subject: Martin Shkreli Pays $2 Million for Wu-Tang Clan Album
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Thane of Dol Guldur
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![[Post New]](/s/i/i.gif) 2015/12/17 20:21:31
Subject: Martin Shkreli Pays $2 Million for Wu-Tang Clan Album
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Quick-fingered Warlord Moderatus
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Thats Karma for you
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3000
4000 |
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![[Post New]](/s/i/i.gif) 2015/12/17 22:36:30
Subject: Martin Shkreli Pays $2 Million for Wu-Tang Clan Album
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Decrepit Dakkanaut
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He will need the $750 meds after prison...
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DA:70S+G+M+B++I++Pw40k08+D++A++/fWD-R+T(M)DM+
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![[Post New]](/s/i/i.gif) 2015/12/17 22:59:41
Subject: Martin Shkreli Pays $2 Million for Wu-Tang Clan Album
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Ragin' Ork Dreadnought
Monarchy of TBD
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BobtheInquisitor wrote: OrlandotheTechnicoloured wrote:If he cops a plea (or is found guilty) I suspect he'll end up liquidating quite a few assets (or having them seized)
So will the Wu-Tang clan plot a caper against the federal government to recover the album, higher risk than against Mr Shifty, but to successfully complete it would be all the sweeter....
Maybe Bill Murray could work some sort of movie star/comedien telethon in there somewhere
I think you underestimate Bill Murray. This arrest is clearly the first step in his master plan.
Agreed! I saw an article that declared that now that he's out on bail, the window for the perfect heist has closed.
They must not have watched many heist movies. Using the US government to imprison your foe while you steal the loot is the easy first plan, that fails so the overly complicated second plan succeeds. They probably had a man on the FBI team dropping bugs so they can steal the codes to his vault, or something far more elaborate. Somehow I doubt it will involve drones- it just doesn't seem like the Wu Tang Clan's style - unless the album is itself encased in a drone.
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Klawz-Ramming is a subset of citrus fruit?
Gwar- "And everyone wants a bigger Spleen!"
Mercurial wrote:
I admire your aplomb and instate you as Baron of the Seas and Lord Marshall of Privateers.
Orkeosaurus wrote:Star Trek also said we'd have X-Wings by now. We all see how that prediction turned out.
Orkeosaurus, on homophobia, the nature of homosexuality, and the greatness of George Takei.
English doesn't borrow from other languages. It follows them down dark alleyways and mugs them for loose grammar.
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