UPDATED: File In “The Truth Will Often Be Far Stranger” Department…

KaloBios-Savant-Dorsey-2016Once again, the good doctor has sourced more of the background, on Mr. Shkreli’s latest attention-seeking gambit. [Prior notes here.]

UPDATED: The MSM — in the form of Bloomberg Big Law — is now (finally!) covering this story. I’d bet that the company will have a statement shortly, so I’ll not need to make the below call. We shall see.

I will likely call Dr. Durrant this afternoon, to seek his reaction to these matters. This will almost certainly hurt the company’s efforts to reinvent itself, free of the Shkreli stain and stigma. I’ll specifically inquire about whether  Mr. Hurst consulted him before agreeing to appear with Mr. Shkreli — or whether Mr. Hurst engineered the whole thing.

pathophilia-logo-newHere’s PathoPhilia‘s, overnight:

KaloBios2-Shkreli-Dorsey-Whitney-To Talk-Savant-2016…Apparently Dorsey & Whitney partner Evan Ng (imaged in the graphic, standing, below to the right of Mr. Shkreli) is “delighted that our audience will hear Martin Shkreli and Steve Hurst talk about such a high-profile and newsworthy transaction.” I bet there are other attorneys at Dorsey & Whitney who aren’t thrilled with the invitation to Shkreli, which might be interpreted as an endorsement. If Mr. Ng is responsible for the scheduling, it was a bone-headed move and shows poor judgment. It certainly does nothing to bolster the firm’s reputation (as you indicate). Quite the opposite.

According to Shkreli, he’s getting “special permission” to attend:

@BostonBorn66 getting special permission— Martin Shkreli (@MartinShkreli) August 17, 2016

As I say — we will see whether Mr. Brafman puts the brakes on, here.

Great stuff Dr. Martin!

Thanks… and “the truth,” as Arthur C. Clark often said, “will occasionally be far stranger….” This is one of those moments.

2 thoughts on “UPDATED: File In “The Truth Will Often Be Far Stranger” Department…”

  1. And just as Martin was well on his way to obscurity in legitimate business circles… Then this. WTF? This is just going to feed his monster ego and the fairytale that he has any business acumen worth replicating. Dear Dorsey & Whitney please stop feeding the beast. Nothing good can come from it.

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