There used to be a comic strip appearing in the sunday paper called “Hatlo’s Inferno” drawn by Jimmy Hatlo whose intent was to show annoying people in hell who are being pointed out to those touring Hades, presumably in air-conditioned buses. (See illustration below.)
Well, I would like to add a whole circle to the inferno for a young ex-hedge fund manager who purchased a drug company called Turing Pharmaceuticals which manufactured Daraprim, which is used to treat life-threatening parasitic infections in pregnant women and immuno-compromised individuals such as AIDS patients. Mr. Martin Shkresli—may his name go down in infamy—promptly raised the price of Dataprim from $13.50 per dose to $750.00 per dose.
Then he had the cojones to claim that the 5,500% increase wasn’t too much, considering. “It really doesn’t make any sense to get any criticism for this,” Shkreli claims.
Nonetheless, the criticism is coming in fast and furious, to the extent that Mr. Shkreli probably regrets his insatiable greed.