Martin Shkreli, the CEO of Turing Pharmaceuticals, a controversial company that gouged the price of an AIDS drug earlier in the year has been arrested on unrelated fraud charges according to multiple media reports.
From The New York Times:
“He was arrested in his Midtown Manhattan apartment, according to a law enforcement source, who declined to be identified because the indictment had not been unsealed. Federal prosecutors in Brooklyn were expected to hold a news conference on the charges later Thursday.”
The arrest is related to Shkreli’s time running Retrophin, another pharmaceutical company.
According to Bloomberg, who first reported on the arrest, Shkreli has been charged with illegally taking stock from the company and selling it for his own personal gain in order to pay off debts. He was previously forced out of the company by its board.
“Shkreli was the paradigm faithless servant,” a civil complaint filed by Retrophin and obtained by the New York Times said. “Starting sometime in early 2012, and continuing until he left the company, Shkreli used his control over Retrophin to enrich himself and to pay off claims of MSMB investors (who he had defrauded).”
More to come. Stay with Rise News.
Cover Photo Credit: Martin Shkreli/ Facebook
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About the AuthorRich Robinson is the CEO and publisher of Rise News. He is also a journalist and a native of Miami. Robinson graduated from the University of Alabama and can be followed on Twitter @RichRobMiami.
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The record of long-lasting love is a bit of a heart breaker for America’s darling of reality romance shows, The Bachelor.
If finding love on camera seems close to impossible maybe that’s because it is. Competitive reality TV dating is hard.
Just ask the 20 bachelors who’ve vied for the attention of swooning women since the show’s inception in March 2002.
In 20 seasons of The Bachelor, 12 men have popped the question on air, which is a solid 60% of couples who came out of the show engaged.
However, relationships start to fall apart when the cameras disappear: Only two of the 20 couples are still together, one of whom is married.
Season 17 winners Sean Lowe and Catherine Guidici got married in 2014 and recently celebrated the birth of their first child. Success!
Season 20 winners Ben Higgins and Lauren Bushnell are currently enjoying their engagement.
Hopefully, their new reality spin-off show will still send them happily down the aisle and not running for the hills.
It still seems like yesterday the young Missouri banker Aaron Buerge got down on one knee and proposed to adorable school psychologist Helene Eksterowicz in 2002.
The proposal was the first for the show as the winners in the inaugural season did not become engaged.
Long before DVR, social media, iPhones and Kardashian takeover, and way before ABC offered virtual reality (VR) experiences online, The Bachelor was starting to form a match-making empire that quickly evolved into the creation of The Bachelorette in January 2003. (The Bachelorette took a three-year hiatus between 2005-2008.) Then along came the trashier if not entertaining spin-offs, aka Bachelor in Paradise and Bachelor Pad.
The Bachelorette has also yielded a much better success rate than Bachelor in terms of the couple staying together after the show ended.
In 12 seasons, five couples are still together – a 42% commitment rate.
The very first season brought us sweethearts Trista Rehn and Ryan Sutter, who’ve been married almost 13 years. They are the king & queen of reality television romance.
Here are the others.
Season 7 winners Ashley Hebert and J.P. Rosenbaum are married and expecting their second child.
Season 9’s Desiree Hartsock and husband Chris Siegfried are having a baby this fall.
The most recent couples are Season 11’s Kaitlyn Bristowe and Shawn Booth and Season 12’s JoJo Fletcher and Jordan Rodgers.
We’ll see if those two couples go the distance to the altar.
As in real life, not just TV, relationships, dating, love and marriage don’t always work out.
If dreams are dashed along the way because someone is looking for 15 minutes of fame and not love, the success rate is probably even lower.
Add a mix of personality types that only reality TV attracts and a bunch of booze that’s readily available, and you start to see some mental health issues that TV is famous for.
But all that is just a buzzkill.
Here’s to the success of the next Bachelor Nick Viall!
May he find “the one.”
After countless tries, he deserves happily-ever happiness.
We all do.
Here’s the complete list of Bachelor and Bachelorette winner history and their record of keeping it all together after the end of the show:
THE BACHELOR Couples:
Alex Michel and Amanda Marsh- Not Together
Aaron Buerge and Helene Eksterowicz- Not Together
Andrew Firestone and Jen Schefft- Not Together
Bob Guiney and Estella Gardinier- Not Together
Jesse Palmer and Jessica Bowlin- Not Together
Byron Velvick and Mary Delgado- Not Together
Charlie O’Connell and Sarah Brice- Not Together
Travis Lane Stork and Sarah Stone- Not Together
Lorenzo Borghese and Jennifer Wilson- Not Together
Andrew Baldwin and Tessa Horst- Not Together
Brad Womack and no one (sad trombone)
Matt Grant and Shayne Lamas- Not Together
Jason Mesnick and Melissa Rycroft- Not Together
Jake Pavelka and Vienna Girardi- Not Together
Brad Womack and Emily Maynard- Not Together
Ben Flajnik and Courtney Robertson- Not Together
Sean Lowe and Catherine Giudici – STILL TOGETHER
Juan Pablo Galavis and Nikki Ferrell
Chris Soules and Whitney Bischoff
Ben Higgins and Lauren Bushnell -STILL TOGETHER
Nick Viall and TBD
THE BACHELORETTE Couples:
Trista Rehn and Ryan Sutter- STILL TOGETHER
Meredith Phillips and Ian Mckee- Not Together
Jen Schefft and Jerry Ferris- Not Together
DeAnna Pappas and Jesse Csincsak- Not Together
Jillian Harris and Ed Swiderski- Not Together
Ali Fedotowsky and Roberto Martinez- Not Together
Ashley Hebert and J.P. Rosenbaum- STILL TOGETHER
Emily Maynard and Jef Holm- Not Together
Desiree Hartsock and Chris Siegfried- STILL TOGETHER
Andi Dorfman and Josh Murray- Not Together
Kaitlyn Bristowe and Shawn Booth- STILL TOGETHER
JoJo Fletcher and Jordan Rodgers- STILL TOGETHER
RISE NEWS is a grassroots journalism news organization that is working to change the way young people become informed and engaged in the world. You can write for us.
Cover Photo Credit: The Bachelor/ FacebookPost Views: 23,180
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By John Massey
On Nov 30th, British Defense Minister Michael Fallon committed the UK to a leading role in the freshly designed Joint Expeditionary Force (JEF).
This force, composed of: the UK, Denmark, the Netherlands, Lithuania, Estonia, Latvia, and Norway, will be a 10,000 strong unit designed to cooperate with NATO, EU, and UN operations.
JEF will be able to respond to a variety of missions including deterrence, interstate conflict, and humanitarian crises.
There has also been some speculation of Sweden participating in JEF, as the Swedish government continues its increasingly robust affiliation with the Atlantic Security system.
When looking at the list of countries taking part in this UK lead endeavor, one notices two things:
- All of the current contributors are NATO members, and potential contributor Sweden is greatly affiliated with NATO.
- This is a UK lead venture. While France and Britain have a similar integrated reaction force, the Combined Joint Expeditionary Force (CJEF), the most prominent member of NATO, the US is missing from these recent arrangements.
The establishment of these reaction forces, in addition to the NATO Very High Readiness Joint Task Force (VJTF), potentially indicate a shift in European defense responsibilities in response to increased Russian adventurism, and the American “Pivot to Asia”.
Thus, Britain attempting to shift the weight onto its own shoulders is in keeping with historical precedents from 1950-1955.
In Anthony Eden’s account of the period in “Full Circle”, American Secretary of State John Foster Dulles threatened an “agonizing reappraisal” of American security policy should West Germany not be integrated into the European security infrastructure.
This was followed by the personal commitment of Prime Minister Eden to finding a diplomatic solution, and the commitment of four British divisions under international direction.
The addition of the West Germans into the Atlantic Alliance, due to the hard work by Her Majesty’s Government, convinced the Eisenhower administration that Europe was worth investing resources to balance against the Soviets.
Likewise, in the establishment of these various European reaction forces, Britain is taking the lead in directing European Security policy.
Cover Photo Credit: Allied Joint Force Command Brunssum/Flickr (CC By 2.0)Post Views: 588
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By Mario Moussa and Derek Newberry
As we get ready to watch the second presidential debate, you might be scratching your head about a tale of two countries.
In Trump’s telling, America is a nation in decline that needs a turnaround.
Clinton sees a leading world power that should continue on the positive trajectory created under the Obama administration.
As business school professors who specialize in the human side of organizations, there is one thing – that many may find surprising – each candidate needs during this next debate: a story.
At this point, you might be thinking that elections are really all about pocketbook issues and politicians’ stories are just a bunch of fluff.
We have a different point of view: hard-nosed policies and strategies are worthless without a good story. Whether people realize it or not, they think in stories. The best communicators know this and make the most of it.
Storytelling: The Crucial Leadership Skill
A famous experiment by two psychologists in the 1940s showed subjects a short clip of two triangles and a circle moving around, and asked them to describe what they saw.
Where some described a bully terrorizing two children and a jealous father protecting his daughter, others saw different dramas.
The imagined scenarios differed, but what they had in common was that nearly all of the subjects told a story about the shapes without any prompting.
Why are stories so pervasive?
Because they are how people make sense of their environment and get along with co-workers or fellow citizens.
The most brilliant policy can fall flat if it is not communicated with a strong narrative that makes it real and compelling for the people who are supposed to implement it.
Far from fluff, good story-telling is a crucial leadership skill for motivating commitment and moving a strategy from abstract idea to action.
Hence the importance of the two recent political conventions.
Like an annual corporate retreat, their purpose is not only to explain a specific policy platform but also to tell a story that motivates and guides those who need to carry it out.
In this respect, we think Clinton right now is in a stronger position as she goes into his next debate.
She does three things especially well.
And the next time you need to get your point across, you should remember them:
In any good story, the audience should empathize with the main characters.
According to screenwriter Robert McKee, the key to creating empathy is to portray a character who is overcoming a struggle.
This can make even an unsympathetic person relatable.
Steve Jobs wasn’t known for his humility, but his story about returning to Apple after having been pushed out is one we can all root for.
Trump has been focused on communicating his greatness, but not on talking about overcoming hardships to get there.
Just recently, he stumbled again by referring to the jobs he has created as one of his “sacrifices.”
Clinton creates empathy by acknowledging that she struggles with the “public” part of public service – that is, the aspect of it that involves public speaking.
She deftly turns this weakness into a strength by recounting how she pushes through it because she cares deeply about the service part.
Paint a Picture
If you boil any rom-com movie down to its most basic elements, they are all pretty much the same: beginning, middle, and end.
In other words, every story starts with a typical everyday situation, which is then disrupted by some new or unusual event, which sets in motion of series of actions that lead to a resolution and a return to normalcy.
So what separates a classic like Annie Hall from a flop like Gigli? The difference is in the detail.
Good stories use vivid imagery to make abstract ideas feel real and bring the audience along.
On this count, Trump misses the mark. When his family talks, their speeches provide a great opportunity to show the candidate’s lighter side.
While the Trump clan mentions plenty of great qualities, their speeches are light on anecdotes that would help us visualize how he lives these values in his everyday life.
By giving details about Hillary’s personal life, such as how she met Bill or how she stays connected to Chelsea while on the road, the Clintons paint a more compelling picture of the Democratic candidate’s values.
Make the Audience Your Hero
As speaking coach Nick Morgan reminds us, every story has a hero and when you need other people to help you get things done, you are likely to get more buy-in if you put them in the starring role.
Think of how rockstar Bono has driven support for his ONE campaign by imploring: “We can be the generation that ends poverty.”
This is why Trump’s declaration that “I alone can fix” the political system is perhaps the weakest moment of his debate.
Clinton, by contrast, hits on the theme of becoming “stronger together,” making voters the heroes of her campaign’s story.
Far from fluff, stories are a critical execution tool.
On the campaign trail, they help leaders communicate strategy, rally support and guide implementation.
Republican strategist Mark McKinnon, who headed up communications for the George W. Bush campaigns, once said that the successful candidate is the one who tells the better story.
So far, by this measure, we think Clinton is pulling away from her opponent.
Dr. Mario Moussa and Dr. Derek Newberry are the authors of Committed Teams: Three Steps to Inspiring Passion and Performance. Dr. Moussa teaches in the Executive Programs at Wharton School of Executive Education. Dr. Newberry is a lecturer at the Wharton School. Connect with Dr. Moussa at www.moussaconsulting.com, and with Dr. Newberry via Twitter, @derekonewberry.Post Views: 568
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