Market Overview

Martin Shkreli Calls Merck CEO Ken Frazier 'Self-Indulgent,' 'Pathetic'

Share:
Martin Shkreli Calls Merck CEO Ken Frazier 'Self-Indulgent,' 'Pathetic'
Related MRK
Cramer's Guide To Profit From Market Rotations
This Analyst Predicts Bullish Growth Outlook For Incyte
US Market Indexes Mostly Higher (GuruFocus)

"Pharma bro" Martin Shkreli has some harsh words for Merck & Co., Inc. (NYSE: MRK)'s CEO Ken Frazier after the executive distanced himself from President Donald Trump.

Frazier is one of four executives who stepped down from the president's American Manufacturing Council after Trump's initial condemnation of the violence in Charlottesville. The CEO said "America's leaders" failed to reject "expressions of hatred, bigotry, and group supremacy." But Shkreli thinks Frazier is merely "politicizing the moment."

"I think that is self-indulgent," Shkreli said during an interview with Fox Business' Maria Bartiromo Tuesday. "If he is supposed to be advising the president on manufacturing ... let him advise on manufacturing. He is not here to talk about anything political or anything about race relations or anything that happened in Charlottesville."

Frazier was tasked to be an economic advisor to the White House but is now "taking the spotlight" to show how "self righteous" he is, Shkreli continued.

"This tragedy affects all of us," Shkreli concluded on the topic. "The president condemned it, everyone condemns it, I don't know anyone who supports it. And [Frazier] is sort of saying 'no, I'm going to make a statement, no, I am the righteous one.' And I think that is sort of pathetic."

Others Drop Out Of Manufaturing Council

In addition to Frazier, CEOs Brain Krzanich of Intel Corporation (NASDAQ: INTC) and Kevin Plank of Under Armour Inc (NYSE: UAA) and Scott Paul, president of the Alliance fro American Manufacturing, have also announced their resignations from the president's council.

Trump's Responses

While Trump initially only highlighted his disapproval over Frazier's exit, he has since tweeted a second response to his waning Manufacturing Council.

It is worth noting the time stamps of the tweets in juxtaposition to the various members' exiting. Also of importance, Shkreli does not sit on the president's council.

Related Links:

Subtext Of The Siege In Charlottesville: Virginia Makes $24 Billion Off Racial History

Trump Could Achieve A Big Victory In Terms Of Tax Reform, Poll Says
________
Image Credit: By House Committee on Oversight and Government Reform, Public Domain, via Wikimedia Commons

Posted-In: Donald TrumpBiotech Futures Politics Top Stories Markets Media General Best of Benzinga

 

Related Articles (INTC + MRK)

View Comments and Join the Discussion!
Loading...
Loading...