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Botany

(72,450 posts)
Mon Nov 18, 2024, 09:32 AM 19 hrs ago

How Vivek Ramaswamy made his money. I am pretty sure this is accurate.

Vivek Ramaswamy and others owned a company that had a patent for a medicine to
treat Alzheimer’s and they were able to plant a story that their medicine was effective
in treating the disease after which the stock in their company rocketed up. By the time
it came out that the medicine was worthless in treating Alzheimer’s he and his partners
had sold all their stock and walked away with millions of dollars. He will fit right in with
Trump because he is a con man too.

The cleaning up of Ramaswamy’s history and calling him a Biotech Entrepreneur is pure
bullshit. Just like Trump’s sane washing by our media.

https://www.democraticunderground.com/10143342072

America is so screwed.


28 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
How Vivek Ramaswamy made his money. I am pretty sure this is accurate. (Original Post) Botany 19 hrs ago OP
🤮 🤮 🤮 🤮 🤮 a kennedy 18 hrs ago #1
Vivek Ramaswamy Is a Fraud -- and Always Has Been dalton99a 18 hrs ago #2
Thanks for the links. His Wikipedia page is certainly scrubbed of most of this. underpants 18 hrs ago #5
The media sanewashes all these low lifes and grifters. Diamond_Dog 18 hrs ago #3
Vivek comes across as a fast talking carnival oasis 18 hrs ago #4
Pump and dump. It won't be illegal anymore! yardwork 18 hrs ago #6
Hell, they'll be teaching it as part of the MBA program at Trump University. bluesbassman 18 hrs ago #7
The US will be full of millionaires! markodochartaigh 17 hrs ago #8
Trump has the power to make everyone millionaires! hunter 17 hrs ago #12
Amazing 3auld6phart 16 hrs ago #18
It gets worse him mom ran the study which suggested the drug works. dsc 17 hrs ago #9
His Biotech company was just a rented office just north of Columbus, Ohio off of U.S.-23 & I 270 Botany 17 hrs ago #10
And they want Americans to trust them with our retirement savings IronLionZion 17 hrs ago #11
I posted in several threads about it jfz9580m 17 hrs ago #13
Great post! So much good information - now to digest. erronis 17 hrs ago #14
You are welcome. jfz9580m 16 hrs ago #19
Thanks for putting all this info together. His mother & brother were part of the scam? Ugh -- an upscale version of... Hekate 15 hrs ago #23
Thanks..it is a (somewhat dreary ;-/) hobby.nt jfz9580m 15 hrs ago #24
I used to do that with Tulsi Gabbard, back when she had fans here... Hekate 15 hrs ago #25
Thanks-Yeah the Shrkeli thing was bonkers jfz9580m 15 hrs ago #26
To find them at all, you'd have to rummage in the DU Archives from when Hillary was running for POTUS Hekate 15 hrs ago #27
Lol jfz9580m 15 hrs ago #28
There are so many public figures with bullshit "we built this" back stories. He's one of many. tenderfoot 16 hrs ago #15
I'm pretty sure if you look up the word "tool" in the dictionary, you'd see his picture. Initech 16 hrs ago #16
The version I read was a bit longer. Old Crank 16 hrs ago #17
Wake up America! Mr.Bee 16 hrs ago #20
His mom was part of that grift. BradBo 16 hrs ago #21
I think his last name should be "RamaSMARMY"..... lastlib 16 hrs ago #22

dalton99a

(84,220 posts)
2. Vivek Ramaswamy Is a Fraud -- and Always Has Been
Mon Nov 18, 2024, 09:35 AM
18 hrs ago
https://www.newsweek.com/vivek-ramaswamy-fraud-always-has-been-opinion-1823853
Vivek Ramaswamy Is a Fraud — and Always Has Been
Published Sep 01, 2023 at 2:12 PM EDT


https://www.politico.com/news/2023/05/23/vivek-ramaswamy-martin-shkreli-pharma-00098338
How Vivek Ramaswamy helped make Martin Shkreli the ‘pharma bro’
Ramaswamy’s hedge fund firm invested with the since-infamous Shkreli. Later, he would say he was “pathologically incapable of telling the truth.”
By Daniel Lippman
05/23/2023 10:51 AM EDT

underpants

(186,559 posts)
5. Thanks for the links. His Wikipedia page is certainly scrubbed of most of this.
Mon Nov 18, 2024, 10:13 AM
18 hrs ago

Although it does include one line of praise for Pharma Bro.

He basically got a note from his mother.

bluesbassman

(19,813 posts)
7. Hell, they'll be teaching it as part of the MBA program at Trump University.
Mon Nov 18, 2024, 10:28 AM
18 hrs ago

Which of course will be resurrected, fully accredited, and funded by block grants once the Department of Education has been dismantled.

markodochartaigh

(2,044 posts)
8. The US will be full of millionaires!
Mon Nov 18, 2024, 10:49 AM
17 hrs ago

You can work a working class job and never scrape together a million dollars. You can work a white collar job and take a decade to get a million dollars. Or you can live the life of a grifter and make millions in a year!

hunter

(38,910 posts)
12. Trump has the power to make everyone millionaires!
Mon Nov 18, 2024, 11:09 AM
17 hrs ago

Unfortunately in a hyper-inflationary economy that'll be what a carton of eggs costs, if you can find them.

The tech-bros will have their own money, a crypto-currency traded among themselves. They will measure their comparative wealth by the size of their harems.

3auld6phart

(1,256 posts)
18. Amazing
Mon Nov 18, 2024, 11:50 AM
16 hrs ago

How some people love their Charlatans and grifters ., Mary Baker Eddy. L Ron Hubbard, Joseph Smith and Brigham young. Jim jones and his Koolaid , Ken Copeland, Osteeen, Grahams Bakkers just to gawd damn , many to name …grifters and cheats,all

Botany

(72,450 posts)
10. His Biotech company was just a rented office just north of Columbus, Ohio off of U.S.-23 & I 270
Mon Nov 18, 2024, 11:02 AM
17 hrs ago

I know exactly where it at ….. lots of the people there have lost their jobs and went
out on their “own” there are lots of White Collar grifters there.

So his mother was the one pushed the lie about how good the medicine was for Alzheimer’s?

IronLionZion

(46,951 posts)
11. And they want Americans to trust them with our retirement savings
Mon Nov 18, 2024, 11:04 AM
17 hrs ago

since social security and medicare are socialism. Might as well find efficiencies through privatizing all of it. Enrich some douchebags. And lots of people will die for profit. That's the price of freedom.

jfz9580m

(15,459 posts)
13. I posted in several threads about it
Mon Nov 18, 2024, 11:25 AM
17 hrs ago

Last edited Mon Nov 18, 2024, 12:45 PM - Edit history (1)

https://www.democraticunderground.com/?com=view_post&forum=1002&pid=19732107

https://www.democraticunderground.com/?com=view_post&forum=1002&pid=19728526

I’m Indian and as embarrassed by this guy as presumably many white/black/jewish dems are respectively by most of the GOP; Candace Owens, Ben Carson etc; Ben Shapiro, Steven Prager etc. .

We didn’t get a biracial president with Indian roots, but we did get this guy pissing off most people… .

Thankfully some 70+% Indians vote dem and at least hopefully a half of that is about liberal values beyond self interest. Not sure what the stats were in this election..was too dejected to look it up. With so many voting against self interest, liberal values (eternally neglected environmental issues, poverty eradication, equality, civil rights for all, regulation of capitalism) are in for a bleak future if a large enough number of people who can afford it don’t pull together in the farther future for values beyond immediate, narrow self interest.

And not performatively (I.e. what conservatives sneer at as virtue signalling), but rather non superficially recognising that science and policy matter. You cannot just get rid of the govt and run a country like a business. You cannot despoil the environment without depleting it and seriously endangering public health. It may not happen overnight, but in the long run the attrition to health and quality of life are significant even if you see no tragedy in the destruction of forests, oceans etc for their own sakes.

This era will also be remembered as the time Si Valley unleashed some truly awful ideas on the world:

https://qz.com/191694/why-an-occupy-activist-turned-googler-thinks-eric-schmidt-should-run-the-us

Justine Tunney is an engineer at Google. But she’s also, by her own account, a founder of the Occupy Wall Street movement. (Other Occupy protesters take issue with that description, but one thing is for sure, she was active and visible in Occupy for three years.) At the intersection of these two unlikely facts is a third—Tunney recently launched a petition on the website of the White House to appoint Google chairman Eric Schmidt as “CEO of America,” replacing president Barack Obama in what would amount to a bloodless coup.

Mostly, this proposal has been met with mockery. As of this writing, the original petition has only 32 signatures.


It didn’t happen with Eric Schmidt but they sure seem to be trying with the far worse Musk. I cannot believe these fringe fucking ideas by these drugged-out*, brainless, shallow, vapid, si valley bros have gotten enough traction at least BTS to seriously affect the lives of so many humans and other life forms. These guys are idiots-Thiel, Yarvin, Musk, Ramaswamy .

It is time to understand that a lot of Si Valley doesn’t seem that different from the robber barons of the past. EarlG’s post election post mortem too was about how new media is leading to a post truth reality. That is the general take in my small circle re the election. That above all it has become impossible to communicate effectively with algorithms feeding people garbage.

https://newrepublic.com/article/188309/elon-musk-always-like-this-silicon-valley

https://www.newsweek.com/ruthless-overlords-silicon-valley-63639

https://www.theguardian.com/technology/2024/oct/22/elon-musk-pac-spending-facebook

(*: hey I am all for weed legalization, but you are not supposed to actually take the stuff you think of when high seriously. That is what idiots like Musk don’t get. It is called an altered state for a reason. Simulation theories and multiverses etc may be fun speculation but when you seem this disconnected from the realities of all the people whose jobs, healthcare and lives these callous and cavalier tech bros are sneeringly playing with…)



jfz9580m

(15,459 posts)
19. You are welcome.
Mon Nov 18, 2024, 12:07 PM
16 hrs ago

Heh..yeah I have been following these si valley creeps for a while.

The reason I am pointing these next few things out is not that I think these morons will be wildly successful with their drivel. God I hope not anyway! But I do think a lot of the public has no idea that these are not just “successful entrepreneurs” etc. Many of them are seriously nuts.

If people are unhappy with their lives under a govt of actual policy makers, wait till it is a bunch of drugged-out crypto bros with narcissistic delusions who genuinely seem to be incapable of comprehending that anyone other than their own selves is an actual, real human being. Idiots who think everything is a damn meme or alt right joke.


This lunatic who preached about some bullshit called the dark enlightenment is one of their neo reactionary heroes:

https://en.m.wikipedia.org/wiki/Nick_Land

These are their actual “thinkers”: this Nick Land guy; a pretentious moron called Curtis Yarvin. who writes these lame pseudo intellectual things. What is also really sad is that all their insecurities and idiocy are on display in their writings..if they were brighter they would shut up.

Land seems to have been an even more consummate nutcase than Yarvin .
https://readthis.wtf/writing/nick-land-an-experiment-in-inhumanism/

https://medium.com/the-awl/the-darkness-before-the-right-84e97225ac19

(The original magazines those two articles are from no longer exist, but the source articles were respectable enough. I don’t think Park MacDougal is even liberal-he writes for Unherd- but he is not crazy)

I mean I don’t want to give you nightmares. I wouldn’t want to spread fear myself via the net. It’s just stuff to be aware of when they pretend to be thinkers or efficient etc.

They are these drugged-out guys who often still seem stuck in the college frat house grandiosely pontificating wasted about how awesome world would be if only they ran things. Some of these idiots (Yarvin and Tunney at least) actually talk about how awesome monarchy/aristocracy were.

And it is done with that sleazy, grating alt right flair as if it is all just joke. However, they are actually trolling govt employees or really anyone who pays attention to their shallow selves. It is very angering how lightly they take other people’s lives and problems. These are horrible people. Imagine people on SS, SSDI or generally getting by being trolled by these vapid, irresponsible, callous assholes. I see the fear even here in other DUers and it is really angering that these guys can frighten and worry so many people. So damn cavalier.

I hope they will not get away with much more than oodles of grift and breaking of stuff that can be reversed once the public has had enough..yeah merely that.

Hekate

(94,598 posts)
23. Thanks for putting all this info together. His mother & brother were part of the scam? Ugh -- an upscale version of...
Mon Nov 18, 2024, 12:36 PM
15 hrs ago

…Ma Barker and her boys, who were considered lowlifes in crime because they didn’t think big enough I guess.

Hekate

(94,598 posts)
25. I used to do that with Tulsi Gabbard, back when she had fans here...
Mon Nov 18, 2024, 01:03 PM
15 hrs ago

Just kept collecting the info and posting it. Can’t readily locate my stash any more because I stopped working at my desk with a real computer and went to a iPad on my couch. Someone (I think a Hawai’i based journalist) did a lengthy research piece on her and the cult she was raised in, early on, probably when she entered politics in the Islands. Ye gods. From then on, when I saw something substantive, I saved it and shared it.

You are doing a real public service. I knew Vivek was obnoxious, but didn’t know he’d done business with Shrkeli, of all people.

jfz9580m

(15,459 posts)
26. Thanks-Yeah the Shrkeli thing was bonkers
Mon Nov 18, 2024, 01:09 PM
15 hrs ago
Didn’t really surprise me but still...

I should check out your posts about Gabbard. I knew she was in some weird cult, but not much more. I am glad she finally jumped ship.

From then on, when I saw something substantive, I saved it and shared it.

That’s a good idea. Some of these links do tend to break on the scale of years, so sometimes i also extract out the most salient stuff.

I shall keep an eye out for your posts.

Hekate

(94,598 posts)
27. To find them at all, you'd have to rummage in the DU Archives from when Hillary was running for POTUS
Mon Nov 18, 2024, 01:25 PM
15 hrs ago

Good luck!

Old Crank

(4,622 posts)
17. The version I read was a bit longer.
Mon Nov 18, 2024, 11:49 AM
16 hrs ago

He bought a company that had done badly in the stage 2 trials. With Mom and brother.
Mom scrubbed the data to make it look like the product was better than it was and they talked up the stock and went for stage 3 trials. They pumped up the stock during the trials and sold off a bunch just before the results of the trials were due. Turned out the drug was a flop.....
Investors, mosty small people, got nothing, and he, mom and brother pocketed millions.
Should have been investigated but it was small potatoes investors who got burned so nothing happened.

Mr.Bee

(343 posts)
20. Wake up America!
Mon Nov 18, 2024, 12:17 PM
16 hrs ago

They trumped you. they used you, they got your vote and kicked you to the curb!
Because for them, America First, for you, Americans LAST!
Laughing all the way to the bank.

lastlib

(24,883 posts)
22. I think his last name should be "RamaSMARMY".....
Mon Nov 18, 2024, 12:31 PM
16 hrs ago

"Smarmy" fits him to a tee. Like The Felon and E-loon, he should be nowhere near power. America will rue letting him get close.

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