Dr. CSep 1, 2023
Gene Cowan 🏳️‍🌈

Vivek Ramaswamy acquired the rights to a failed Alzheimer's drug very cheaply, reworked the failed trials to show improvement, and hyped the potential on Jim Cramer's investment show.

The IPO raised the most ever for a biotech company, and the stock skyrocketed, allowing Ramaswamy and his inner circle to cash out their shares. But when phase 3 trials were conducted, the drug flopped again, causing the stock to plummet 99% in one day.

https://boingboing.net/2023/08/31/vivek-ramaswamy-enriched-himself-while-costing-small-investors-their-life-savings-must-watch-5-min-video.html

Vivek Ramaswamy enriched himself while costing small investors their life savings (must-watch 5-min video) | Boing Boing

This new TikTok video investigates how Vivek Ramaswamy acquired the rights to a failed Alzheimer’s drug very cheaply, reworked the failed trials to show improvement with help from his mother,…

Boing Boing
Aug 31, 2023 at 6:11pmWeb
Show threadOld Hippie ⓋAug 31, 2023
@genecowan Another #gop con man
Show threadADHDeanASLAug 31, 2023
@genecowan Where I’m from, that’s called a con
Show threadAvengerAug 31, 2023
@adhdeanasl @genecowan
Empowered by the 'system'.
Show threadFrank Bennett 🇯🇵Aug 31, 2023
@genecowan The deeply unforgivable thing there is cynically profiting from false hope. That's a do-not-pass-purgatory, go-straight-to-hell offense.
Show threadGatekeeper..Aug 31, 2023
@genecowan
What,,, a republican scammer....no way
Show threadAmericanist4UAug 31, 2023
@genecowan S
My gut instinct has been verified, he's a scam artist, good fit for the new GOP.
Show threadBC253Aug 31, 2023
@genecowan
Hello, SEC? Anybody care?
Show threadStu Duerson, machina exo deusAug 31, 2023

@genecowan

Had not known that.

And still, I register 0% surprise.

Show threadMichael WongAug 31, 2023
@genecowan Is this getting attention in mass media? Sounds like it would be a massive story if true.
Show threadMaiden of UtrechtAug 31, 2023
@genecowan who the fuck ARE the people who think this is the kind of dude who should be made responsible for the wellbeing of the country 🙄😖?
Show threadGene Cowan 🏳️‍🌈Aug 31, 2023
@Karenlee So far, looks like extremely few of them. Sadly, that’s more likely a reaction to his skin color, not his grifting.
Show threadRFKDemocratAug 31, 2023
@genecowan Ah, the perfect Republican. Who knew? @GOP #FLGOP #politics #MAGA #Trump
Show threadLindasueAug 31, 2023
@genecowan
Good to know. Not that I'd vote for him anyway.
Show threadrexiAug 31, 2023
@genecowan
now you'll tell me all that was perfectly legal...
Show thread"the neck" with sandra bullockAug 31, 2023
@genecowan is *that* where I know his name from?! That's why he was so shady and so familiar when he popped up again as a candidate. The Alzheimer's drug scandal was a big deal in research circles
Show threadcurtAug 31, 2023

@genecowan Look for “Axovant” in this Forbes article for more info. Seems legit.

https://www.forbes.com/sites/johnhyatt/2023/08/21/how-vivek-ramaswamy-became-a-billionaire/?sh=34f58eb04fdf

How Vivek Ramaswamy Became A Billionaire

The whip-smart Republican is one of the richest thirty-somethings in America. Unlike Donald Trump, he’s entirely self-made.

Forbes
Show threadKid ManiaAug 31, 2023

@genecowan
The first time I ever saw Vivek Ramaswamy in my life he was at the GQP debates decrying climate change as a hoax.
The only things I've heard since are a mix of horror and crime.

☠️
GQP: A Vote Against Humanity

Show threadMillicentTheMagnificentAug 31, 2023
@genecowan What a POS.
Show threadSir David NielsenAug 31, 2023
@genecowan @lisamelton so in other words, a typical conservative, a con-man.
Show threadJorkin MahJongusAug 31, 2023
@genecowan interesting how many replies blame the GOP and not capitalism. Like, y'all are so close to getting it.
Show threadDoug 🌈🇨🇦 Sep 1, 2023
@genecowan
That's fraud. He's a criminal.
Show threadAshley ChristmanSep 1, 2023
@genecowan it’s sad to say, but this is not unexpected from the modern Republican Party. Their de facto head is facing 91 charges in 4 indictments. GA-9 rep Clyde is being investigated for sponsoring and advocating legislation that he would financially benefit from. De Santis talked about shooting looters just days after a racially motivated mass shooting in Jacksonville. The modern day party only believes in doing what’s ethically/ morally/ legally right when it’s the other side
Show threadNoctisEqui 🇺🇦🇵🇸🇪🇹🏳️‍🌈Sep 1, 2023

@genecowan

Con-Man Capitalism, now the bedrock of US society.

Show threadT.WllmsSep 1, 2023

@genecowan

So… Elizabeth Holmes….

Show threadRichard R LeeSep 1, 2023

#GriftersGonnaGrift in #Trumpistan.

@genecowan

Show threadO'Shaq HennessySep 1, 2023
@genecowan So what you're saying is... the system works?
Show threadGretchen AndersonSep 1, 2023
@genecowan so why isn’t he like Elizabeth Holmes and being hounded into the ground? I mean I know, but still
Show threadHypxSep 1, 2023

@genecowan Which is why the stock market is so disguising these days. It's one massive con. We are in the golden age of fraud, and things resemble how there were in the 1920s.

I don't know how it will end, but if it doesn't end with many people going to jail, it will end with market collapse.

Show threadTheJenSep 1, 2023
@genecowan So he's an even shittier Shkreli, is what you're saying.
Show threadAlan Miller  🇺🇦Sep 1, 2023
@genecowan So he's following the desired GOP playbook of the last 50+ years, aka "Grifters Gotta Grift"
Show threadCynSep 1, 2023
@genecowan Criminal, what a looser!
Show threadMark RoszkoSep 1, 2023
@genecowan I don't see the problem, the rule is to always inverse Cramer.
Show threadTomSep 1, 2023
@genecowan
On brand GOP grift.
Show threadShirley EugestSep 1, 2023
@genecowan
I'm sure pharma-bro was an inspiration to many.
Show thread(((Cindy Weinstein)))Sep 1, 2023
@genecowan . Grotesque, loathsome, insidious on so many levels.
Show threadarceuthobiumSep 1, 2023
@genecowan So you’re saying he’s got a chance…
Show thread(((Cindy Weinstein)))Sep 1, 2023
@theothersimo @genecowan. Rage-inducing.
Show threadvox popsicle vox deiSep 1, 2023
@genecowan what percentage of rich people got rich without doing anything awful, I wonder?
Show threadPēteris KrišjānisSep 1, 2023
@genecowan GOP = con man, checks out
Show threadKenBallwegSep 1, 2023
@genecowan so, your saying perfect Republican presidential material.
Show threadenthraxxxSep 1, 2023
@genecowan Maybe, just maybe Jim Cramer shouldn't be your most trusted source for your investments.
I mean, that guy is the compass that indicates South.
Show threadjmtixhonSep 1, 2023
@genecowan This Vivek is worst tha DT and very dangerous as he is talking nonsense about important matters .
Show threadMikeESep 1, 2023
@genecowan apparently, pump and dump is illegal and “can lead to heavy fines” https://www.investopedia.com/terms/p/pumpanddump.asp
Pump-and-Dump: Definition, How the Scheme is Illegal, and Types

Pump-and-dump is a manipulative scheme to boost the price of a security through fake recommendations based on false, misleading, or exaggerated statements.

Investopedia
Show threadSelzeroSep 1, 2023
@genecowan
Sounds like a perfect Trump replacement.
Show threadCanadian CurmudgeonSep 1, 2023
@genecowan I hope no one is surprised that he's another corrupt, lying grifter in the Repugnican party's lineup. He's only following the path many others have taken before him. Notably Prisoner Number P01135809...
Show threadPeter PrincipleSep 1, 2023

@genecowan

Great. So Martin Shkreli is running for president.

Show threadKeith J Chouinard Sep 1, 2023
@genecowan He screams non trustworthy. It is truly amazing how many blatantly frightening people are going into politics these days. Society needs to learn to stop bringing these sorts out of the woodwork to deal with their karma.
Show threadeuroplus Sep 1, 2023
@genecowan @longforjohn sounds like perfect charlatan credentials for the GOP nomination, then.
Show threadJohnoSep 2, 2023
@europlus @genecowan First he did the stock pump ‘n’ dump, and now as a candidate, he’s doing the pump ‘n’ trump.
Show threadGrandpa DonSep 3, 2023

@genecowan

Well, that thar is presadenshul materul ifn I ever seen it!
He nose howta scam them (redated slur for Asian people) lak nobuddies biznuss.