The Presidential Daily Brief

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  1. Martin Shkreli

    CEO Martin Shkreli Arrested for Securities Fraud

    He’s living the American dream. The son of immigrants and Wall Street wunderkind gained widespread infamy after his pharmaceutical company bought a decades-old drug that treats parasitic infections and inflated the price by more than 500 percent. Now, federal prosecutors say Shkreli’s been working a complicated con, complete with secret payoffs and stolen stock from a company he founded and has since been ousted from. Some are wondering if the government can use asset forfeiture procedures to liberate the one-copy-only Wu-Tang clan album Shkreli bought for $2 million last summer.

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