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#oligarchwatch β€” Public Fediverse posts

Live and recent posts from across the Fediverse tagged #oligarchwatch, aggregated by home.social.

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  1. #CorruptionGOP
    #Ohio #Ramaswamy #OligarchWatch

    popularinformation.substack.com

    Vivek Ramaswamy, a billionaire and the Republican nominee in Ohio’s gubernatorial race, served as the frontman for a dubious pharmaceutical company and then cashed out weeks before its dramatic crash.

    In 2014, Ramaswamy founded Axovant, a company he used to buy the rights to an inauspicious Alzheimer’s drug that had repeatedly failed in clinical trials. Axovant then hired Ramaswamy’s mother, who, despite lacking relevant research experience, helped massage data from old clinical trials to make the drug appear more promising. The extent of the elder Ramaswamy’s role has not been previously reported.

    In 2015, touting his mother’s reinterpretation of the data to potential investors and regulators, Ramaswamy led Axovant to a $1.4 billion initial public offering, the largest in biotech history at the time. He spent the ensuing two years promoting the drug intepirdine as a possible breakthrough for the millions of Americans who have Alzheimer’s disease.

    Then, after structuring the company to insulate himself and other insiders from potential losses, he cashed out through a private back door weeks before another clinical failure cratered the stock price. One state retirement fund for teachers lost more than $1 million.

    Ramaswamy, whose gubernatorial candidacy has received tens of millions in combined financial backing from fellow right-wing billionaires Elon Musk, Jeff Yass, and Bill Ackman, reaped an estimated $260 million from Axovant’s parent company.

    Ramaswamy has maintained that he is β€œproud” of his work on intepirdine. β€œThere is probably nothing in a meaningful way we could’ve done differently in the decision of advancing that drug,” he said at a 2018 conference held as the Axovant share price hovered around the $1 mark. β€œGiven those same set of facts… with a different drug today, I think we would make the same decision.”

  2. #CorruptionGOP
    #Ohio #Ramaswamy #OligarchWatch

    popularinformation.substack.com

    Vivek Ramaswamy, a billionaire and the Republican nominee in Ohio’s gubernatorial race, served as the frontman for a dubious pharmaceutical company and then cashed out weeks before its dramatic crash.

    In 2014, Ramaswamy founded Axovant, a company he used to buy the rights to an inauspicious Alzheimer’s drug that had repeatedly failed in clinical trials. Axovant then hired Ramaswamy’s mother, who, despite lacking relevant research experience, helped massage data from old clinical trials to make the drug appear more promising. The extent of the elder Ramaswamy’s role has not been previously reported.

    In 2015, touting his mother’s reinterpretation of the data to potential investors and regulators, Ramaswamy led Axovant to a $1.4 billion initial public offering, the largest in biotech history at the time. He spent the ensuing two years promoting the drug intepirdine as a possible breakthrough for the millions of Americans who have Alzheimer’s disease.

    Then, after structuring the company to insulate himself and other insiders from potential losses, he cashed out through a private back door weeks before another clinical failure cratered the stock price. One state retirement fund for teachers lost more than $1 million.

    Ramaswamy, whose gubernatorial candidacy has received tens of millions in combined financial backing from fellow right-wing billionaires Elon Musk, Jeff Yass, and Bill Ackman, reaped an estimated $260 million from Axovant’s parent company.

    Ramaswamy has maintained that he is β€œproud” of his work on intepirdine. β€œThere is probably nothing in a meaningful way we could’ve done differently in the decision of advancing that drug,” he said at a 2018 conference held as the Axovant share price hovered around the $1 mark. β€œGiven those same set of facts… with a different drug today, I think we would make the same decision.”

  3. @georgetakei

    War what for ? Qui Bono - who benefits ? follow the money.

    Re Citgo Billionaire, Chevron oil and cronies donors of Trump:
    (Decades ago government for the wealthy by the wealthy was termed β€œPlutocracy”and the richest known as β€œPlutes” )

    popular.info/p/venezuela-raid-

    #OligarchWatch #Oligarchy #RichPeoplesYachtMoney #Trumpocracy

  4. @georgetakei

    War what for ? Qui Bono - who benefits ? follow the money.

    Re Citgo Billionaire, Chevron oil and cronies donors of Trump:
    (Decades ago government for the wealthy by the wealthy was termed β€œPlutocracy”and the richest known as β€œPlutes” )

    popular.info/p/venezuela-raid-

    #OligarchWatch #Oligarchy #RichPeoplesYachtMoney #Trumpocracy

  5. Who can guess where's this one going?
    It's a private jet that we noticed as it flew past us in the UK at breakfast. Gulfstream G550 (older than Musk's G650) but still oligarch-likely.
    Departed Prague. Currently heading SW in the US.
    Full disclosure - I'll lose it if I don't keep watching because I've only got a free app.
    #Oligarchs #OligarchWatch #PrivateJets #Utah

  6. @npilon @Snowshadow @crispius

    AngertaimentBating Listicles? 😱

    Cut the Feedback loop = #NotificationsOffπŸ”‡πŸ”•πŸ˜Ά πŸ’―πŸ‘€πŸ‘€

    The main part of Xitters fail-in-progress is that Everyone, Advertising, Media, Government accounts & Free Users (I.E. - FU's) (which are the MAJORITY on that Just a Frickin' Website), just left the #JAFW, πŸ’―

    πŸš«πŸ™…β€β™‚οΈβ˜‘οΈπŸ’ΈΒ―\_(ツ)_/Β―πŸš«πŸ™…β€β™‚οΈβ˜‘οΈπŸ’Έ

    #OligarchWatchπŸ‘€πŸ‘€

  7. @npilon @Snowshadow @crispius

    AngertaimentBating Listicles? 😱

    Cut the Feedback loop = #NotificationsOffπŸ”‡πŸ”•πŸ˜Ά πŸ’―πŸ‘€πŸ‘€

    The main part of Xitters fail-in-progress is that Everyone, Advertising, Media, Government accounts & Free Users (I.E. - FU's) (which are the MAJORITY on that Just a Frickin' Website), just left the #JAFW, πŸ’―

    πŸš«πŸ™…β€β™‚οΈβ˜‘οΈπŸ’ΈΒ―\_(ツ)_/Β―πŸš«πŸ™…β€β™‚οΈβ˜‘οΈπŸ’Έ

    #OligarchWatchπŸ‘€πŸ‘€

  8. CW: re: #XCorp #value Trending down quarterly

    @cspam

    At this point going through my old posts and stuff the only conclusion I can come to is that this is just one large #TaxWriteOff for the world's richest man based on everything.

    The #karma though of the #LongTailOfLayoffs though that left 7k+ people without work though and over 1/2 or more who are stuck in #arbitration to get their fair severance is also, a poor look for the richest man, who on paper anyways per #Forbes's list.... but isn't compared to certain other RICHER THAN HIM type people NOT LISTED ON FORBES, I will add, and his management style of throwing πŸ’°money πŸ’° around, because, perhaps his Pre-ex-Wife thought it was a good idea? Ugh.

    The #FreeWebHosting #culture of #cruelty continues to be debugable via the #DSM5 though where an explain is easy once mapped on #OligarchWatch types.

    /DivorcedFromReality

    #DontBeADick #RichieRich #DelistedTwitter #PR101 #MBA101 #OligarchWatch πŸ‘€πŸ‘€πŸ•“πŸ’―πŸ“° #ADL #Twittler

  9. CW: re: #XCorp #value Trending down quarterly

    @cspam

    At this point going through my old posts and stuff the only conclusion I can come to is that this is just one large #TaxWriteOff for the world's richest man based on everything.

    The #karma though of the #LongTailOfLayoffs though that left 7k+ people without work though and over 1/2 or more who are stuck in #arbitration to get their fair severance is also, a poor look for the richest man, who on paper anyways per #Forbes's list.... but isn't compared to certain other RICHER THAN HIM type people NOT LISTED ON FORBES, I will add, and his management style of throwing πŸ’°money πŸ’° around, because, perhaps his Pre-ex-Wife thought it was a good idea? Ugh.

    The #FreeWebHosting #culture of #cruelty continues to be debugable via the #DSM5 though where an explain is easy once mapped on #OligarchWatch types.

    /DivorcedFromReality

    #DontBeADick #RichieRich #DelistedTwitter #PR101 #MBA101 #OligarchWatch πŸ‘€πŸ‘€πŸ•“πŸ’―πŸ“° #ADL #Twittler

  10. iF you are forced to follow the world's richest man here is a shortcut account to his musings via a bot account that does exactly that. πŸ€– #OligarchWatch πŸ’―πŸ‘€πŸ‘€ πŸ€–

    twitter.com/elon_alerts

    #news #SocialMediaWatch #RTNDA #TechReporting #FreeWebHosting watchers

  11. iF you are forced to follow the world's richest man here is a shortcut account to his musings via a bot account that does exactly that. πŸ€– #OligarchWatch πŸ’―πŸ‘€πŸ‘€ πŸ€–

    twitter.com/elon_alerts

    #news #SocialMediaWatch #RTNDA #TechReporting #FreeWebHosting watchers

  12. @timnitGebru

    #OligarchWatch πŸŽ£πŸŽπŸ‘πŸ πŸŸπŸ¦ˆπŸš£β€β™‚οΈπŸš£β€β™€οΈ is going to collide with #FUCAFO from #Carlin πŸ’―πŸ”₯

    πŸ‘‰πŸ€‘πŸ”΄πŸ€‘πŸ”΄πŸ‘ˆ

    They already lost #SeaParks from #ITCrowd

    twitter.com/infosec_jcp/status

  13. @timnitGebru

    #OligarchWatch πŸŽ£πŸŽπŸ‘πŸ πŸŸπŸ¦ˆπŸš£β€β™‚οΈπŸš£β€β™€οΈ is going to collide with #FUCAFO from #Carlin πŸ’―πŸ”₯

    πŸ‘‰πŸ€‘πŸ”΄πŸ€‘πŸ”΄πŸ‘ˆ

    They already lost #SeaParks from #ITCrowd

    twitter.com/infosec_jcp/status

  14. CW: #XCorp #value Trending down quarterly

    One smol sliver of hope about seeing through an opaque #PrivateCorporation is the #investors in said private corporation still do report on their falling value investment wise, quarterly. #OligarchWatch Β―\_(ツ)_/Β― #RTDNA #Adweek brands & sales watch #XCorp

    Luckily there are third party monitoring systems in place to keep an eye on how the 'how's it going' vs. the #PRDisaster interview(s) example #MB101 #PR101 of the current CEO trying to gaslight the #TechIndustry & #AdvertisingIndustry

    ( Continued ) πŸ‘‡

    ΒΉ mashable.com/article/x-twitter

    Β² cnn.com/2023/08/10/media/linda

    πŸ“°πŸ”—βš οΈπŸ‘†

    πŸ“°πŸ”—βš οΈπŸ‘‡

    Story on #XCorp website #SEO for X .com

    twitter.com/infosec_jcp/status

  15. CW: #XCorp #value Trending down quarterly

    One smol sliver of hope about seeing through an opaque #PrivateCorporation is the #investors in said private corporation still do report on their falling value investment wise, quarterly. #OligarchWatch Β―\_(ツ)_/Β― #RTDNA #Adweek brands & sales watch #XCorp

    Luckily there are third party monitoring systems in place to keep an eye on how the 'how's it going' vs. the #PRDisaster interview(s) example #MB101 #PR101 of the current CEO trying to gaslight the #TechIndustry & #AdvertisingIndustry

    ( Continued ) πŸ‘‡

    ΒΉ mashable.com/article/x-twitter

    Β² cnn.com/2023/08/10/media/linda

    πŸ“°πŸ”—βš οΈπŸ‘†

    πŸ“°πŸ”—βš οΈπŸ‘‡

    Story on #XCorp website #SEO for X .com

    twitter.com/infosec_jcp/status