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2021-09-09 -Lurid Crime Tales-

Trial of Elizabeth Holmes, former CEO of Theranos begins

[NYMag]

Theranos was the company that pretended to have a blood testing device that they didn't have - in 2016 they went from about $9B to zero in market value in a few months

link is to a story giving background, the trial will likely last at least a month as there are hundreds of witnesses including Theranos employees, clients and investors

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Posted by Lord Garth 2021-09-09 00:00|| E-Mail|| Front Page|| [1787 views ] Top

1 ...Ms. Holmes appears to have been a smart grifter par excellence, but came up short when it was time to end the con and make a run for Costa Rica or some other non-extradition site. Interestingly, she's also rather nicely changed her persona from quirky/weird tech supergenius to abused significant other in the hopes the jury will blame her ex for all this instead of her.

Really not seeing that; she fleeced way too many powerful folks. So sorry Liz, but yer takin' the fall too. Thanks for playing, and as a parting gift here's a case of Rice-a-Roni, the San Francisco treat...

Mike

Posted by Mike Kozlowski 2021-09-09 06:09|| 2021-09-09 06:09|| Front Page Top

2 An upscale Reality Winner, but as for taking the fall. We shall see what we shall see.

Posted by Cesare 2021-09-09 07:54|| 2021-09-09 07:54|| Front Page Top

3 Meanwhile, former Theranos executive Ramesh 'Sunny' Balwani, is scheduled to be tried separately on the same fraud and conspiracy charges in January.

'She lied and cheated to get money': Prosecutors slam Theranos founder Elizabeth Holmes in opening statements as fraud trial begins as defense insists she is 'no villain'

Posted by Skidmark 2021-09-09 08:56|| 2021-09-09 08:56|| Front Page Top

4 ...to abused significant other in the hopes the jury will blame her ex for all this instead of her.

(Karl Malden voice) The Gender Card - don't leave court without it!

Posted by Raj 2021-09-09 09:23|| 2021-09-09 09:23|| Front Page Top

5 She made a fool of every single "deep state" connected person that went on the Theranos board or backed her financially. And I'd imagine that "female Steve Jobs" thing has left a bad taste in the mouths of people who consider SJ a kind of saint.

Posted by M. Murcek 2021-09-09 11:56|| 2021-09-09 11:56|| Front Page Top

6 Just an over-ambitious, strait A, female student. If she went for professorship, instead of $$$, she'd be widely respected.

Posted by g(r)omgoru 2021-09-09 12:30|| 2021-09-09 12:30|| Front Page Top

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