"Bad Blood"

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Stealth

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This topic contains 4 replies, has 4 voices, and was last updated by JVB  JVB 1 year, 8 months ago.

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  • #811328
    +5
    Stealth
    Stealth
    Participant
    5328

    The new book is out about the Theranos fraud, which I learned about here. Written by a NY Times investigative reporter, the book describes the details of criminal narcissist Elizabeth Holmes who scammed investors out of 50 million dollars and then “misplaced it”.

    I heard an interview on the radio with the author, who described the “culture of fear and intimidation” Elizabeth created in her company, and the smoke-and-mirror-like maneuvers she set up to defraud investors.

    Didn’t this one get a slap on the wrist pussy pass?

    "Once you’ve taken care of the basics, there’s very little in this world for which your life is worth deferring." -David Hansson. "It’s not when women are mean or nasty that anything is out of the ordinary. It’s when they are NICE to you that you have to be on high alert..." -Jackinov.

    #811331
    +3
    Stealth
    Stealth
    Participant
    5328

    From a review:
    “This is an impeccably researched and referenced account of the Theranos saga. As a long-time observer and sometime competitor of Theranos I watched this tale unfold whilst working at a couple of established IVD companies. Everyone I knew who had ever developed an assay or instrument knew this was smoke and mirrors, impossibly too good to be true. What I never suspected was just how personally dishonest EH had been, and for how long the complex deception was maintained. Whilst I’ve met a few egregious individuals working for big companies, there are enough checks and balances (QA/RA, Med/Sci Affairs, CLSs and other professionals etc) in place to stop harmful devices getting out the door . . .

    “Kudos to the good people at Theranos who had the courage to get the story out and for JCs persistence into a headwind of legalistic intimidation. I’ve heard Theranos is now a case-study for MBA students: this book should be required reading for anyone thinking about ‘disrupting’ the medical devices industry. There are lives at stake.”

    "Once you’ve taken care of the basics, there’s very little in this world for which your life is worth deferring." -David Hansson. "It’s not when women are mean or nasty that anything is out of the ordinary. It’s when they are NICE to you that you have to be on high alert..." -Jackinov.

    #811602
    MarketWatcher
    MarketWatcher
    Participant

    She was a psychopath. She would take the blood, tell investors that she was useing her machine to test it and really gave it to lab techs to test. The company maxed out at ten billion. Today it is worthless.

    #811609
    Christopher
    Christopher
    Participant
    2478

    Reminds me a bit of the FIASCO book about the activities of some wall street traders..

    https://www.finpipe.com/product/review-of-fiasco-the-inside-story-of-a-wall-street-trader/

    Feminism was funded by bankers/politicians to create more taxpayers. MGTOW IS FREEDOM https://archive.org/details/mgtowisfreedomblurayready

    #811614
    JVB
    JVB
    Participant

    I’m beside myself.

    Peace is > piece.

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