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Martin Shkreli
Co-founder; formerly CEO, Turing Pharmaceuticals, Godel Terminal

Martin Shkreli Gets Margin Called By JPMorgan

📅 May 07, 2025 Shkreli Planet 37 MIN 22008 VIEWS 75 SEGMENTS · 3 SPEAKERS
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Questions asked in this interview

6
  1. 0:20Uh, is this a good time to talk?
  2. 3:39That would... We definitely are, aren't we?
  3. 3:57How often are your picks good?
  4. 8:10Oh, you spoke to my colleague earlier. Is that correct?
  5. 8:22Um, I mean, what do you have to say?
  6. 9:12And you know, you know, Jamie, I I mean, what what what should we do?
Connie Rogers 0:20 ↗
What the [__] is this? Hello. Hello. Um, is this Martinelli? Yes. Uh, sorry to call you so late. Uh, is this a good time to talk?
Martin Shkreli 0:33 ↗
Having a rough day. Who's this?
Connie Rogers 0:36 ↗
Yeah, us too. Uh, this is Connie Rogers calling from uh Jamie. Uh, I just got out of a meeting and I was wondering if you had some time to speak a little.
Martin Shkreli 0:47 ↗
Yeah, I mean, I already talked to a whole bunch of people. So, who are you?
Connie Rogers 0:52 ↗
Uh, I'm actually uh one of the directors at the top. Um, I've just got done talking with a few people in the board meeting and uh I wanted to let you know a bit. First off, uh Jamie's uh aware of the situation that we're in right now.
Martin Shkreli 1:03 ↗
Sorry, say that again. Who?
Connie Rogers 1:06 ↗
Jamie is aware of the situation that we're in. I'm sure I don't have to worry. So, you can uh you can just assume that this is not a good call on your own.
Martin Shkreli 1:17 ↗
Right.
Connie Rogers 1:18 ↗
So, I wanted to let you know that we like you a lot and uh we're frankly rather disappointed. We put a really...
Martin Shkreli 1:26 ↗
Oh, you think I'm happy?
Connie Rogers 1:30 ↗
Well, you know, we're more upset right now and we're doing a lot of scrambling behind the scenes that we have to deal with and it's frankly something that I can't believe that we... I don't know. I don't know.
Martin Shkreli 1:42 ↗
So, it looks like SRPT. Uh, is that some kind of like therapy kind of thing? What even is this? What even is this?
Connie Rogers 1:52 ↗
The pharmaceutical company, you know, on the farmer brand.
Martin Shkreli 1:56 ↗
That's fantastic. 800,000 shares. Yeah, 800.
Connie Rogers 2:02 ↗
We lent money to you because of the Cassava thing that you did earlier. Uh, it seems like it was a really great investment and that you make informed decisions. Um, this seems like it's not uh on that spectrum at all.
Martin Shkreli 2:18 ↗
Well, you know, it just happened, so maybe you could cut me some slack. And you know, Keith was vouching for me. I don't know how it's gotten so serious to Jamie. I mean, come on. You guys have bigger things to worry about, right? I mean, it could get a little bit bigger, isn't it? I guess stock can't go down more. I don't think it can go down more.
Connie Rogers 2:47 ↗
I hope you're aware that this is not going to happen again. We are not going to extend any leniency. We're not going to extend any credit or anything to you ever again going forward.
Martin Shkreli 2:57 ↗
Well, it's a little late for that. You know, we got a we got a 20 million $20 million problem on our hands. So, if you want to force my hand, maybe this will become a $50 million problem. So, you better work with me and, you know, back off. You know, your other colleague called and and basically threatened me, which is crazy. Um, I don't even know what position you have at the company.
Connie Rogers 3:22 ↗
Sir, I'm the head of the North American markets.
Martin Shkreli 3:26 ↗
Okay. And head of North... All of North America.
Connie Rogers 3:31 ↗
All of it.
Martin Shkreli 3:33 ↗
Okay. Mhm. Well, listen. We're going to work this out somehow. You know, I've got some...
Connie Rogers 3:39 ↗
That would... We definitely are, aren't we?
Martin Shkreli 3:41 ↗
Yes. I have some assets at Goldman. Um, um, I I I think the stock might go up again tomorrow. I think maybe it it could rebound. I hope so.
Connie Rogers 3:57 ↗
Mhm. How often are your picks good?
Martin Shkreli 4:01 ↗
Um, you guys have my account, you know. Uh, I I think we're in good shape.

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Cite this transcript

APA, MLA, BibTeX
APA

Shkreli, M. (2025, May 7). Martin Shkreli Gets Margin Called By JPMorgan [Interview transcript]. Shkreli Planet. CEOInterviews.AI. https://ceointerviews.ai/interview/3122206/

MLA

Martin Shkreli. "Martin Shkreli Gets Margin Called By JPMorgan." Shkreli Planet, 7 May. 2025. Transcript, CEOInterviews.AI, https://ceointerviews.ai/interview/3122206/.

BibTeX
@misc{shkreli2025_3122206,
  author       = {Martin Shkreli},
  title        = {Martin Shkreli Gets Margin Called By JPMorgan},
  howpublished = {Interview transcript, Shkreli Planet. CEOInterviews.AI},
  year         = {2025},
  month        = {may},
  url          = {https://ceointerviews.ai/interview/3122206/},
  note         = {Speaker-attributed transcript with timestamps}
}