Episode 965: Martin Shkreli Gets Margin-Called By JPMorgan Because Of Leopold Aschenbrenner Blowing Up

Martin Shkreli (0:01)

Who the fuck is calling me? Hello?

Hi, is this Martin Shkreli? Yes. Hi, this is Kelly Rogers, my dream Morgan. Oh. We've talked before, do you remember me? Yes. Hey, what's up? Hi, I'm just making a call around some of Jamie's top clients and about their margin calls. And I just, you know, with the things going on right now, I just want to, you know, kind of remind you to keep your investments where they are, you know, not kind of to go for creative, you know what I mean?

Why are you calling everybody? No, the top clients. I'm just, full disclosure, we just need some things to be locked down right now. Okay. Is this because of the kid?

Yeah, Leopold the fucking idiot. Yes, it is. I'm just kind of hoping that I can urge some of the people on the hotlist, you know, some people that will work with us. Hotlist? Why am I on the hotlist? I think we've been to you before and we've been kind of gracious to you, and I think that you could kind of, you know. Hold on. You guys always, you guys, hold on. Let me talk, Connie. You guys always call when I need it the least. Yeah, yeah, there's a reason for that. Yeah. Yeah, no, I get that. So, did you wipe out Leopold? Is it you? Did you force him? Like, you try to force me? What kind of person are you? You force people out of their positions. I absolutely can and I will, and I can send you to Citadel as well. Don't touch.

Don't touch my favorite positions.

I think you need to understand what I'm kind of saying here, then. Okay, no, I'm listening. I'm listening. I, you know, is it okay if I hedge? How about your micron? What about your sandist? Don't touch my micron. Don't touch that. I just want you to cover. Why? Right now we have too much risk and I just need this. Why? Okay.

And Jamie, Jamie's on board here.

Jamie is on board. Of course, he's on board. Do you want me to call him? Do you want me to recommend? No, no, no, no, no, no, no. No, I'm just trying to cover this deal. Okay, well, you know what? You know, this business can go to Morgan Stanley. This business can go to UBS. Just saying.

Okay. Is that the way you're going to do it? No, no, I'm not saying no, no, no, no. I'm just saying Leopold. I have the leverage here, and I need you to work with me. If Leopold is causing a crisis across Wall Street, why? Little old me, really? I know I'm a risky client or whatever, but... Okay, listen, I'll get back to you in two hours with the plan. I will reduce it. I'm sorry for the inconvenience. You know, I didn't start this fire. No, but you're creative and you can solve these problems. I know that. That's what I like to hear.