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Blood-Testing Firm Theranos to Dissolve
Wall Street Journal ^ | September 4, 2018 | John Carreyrou

Posted on 09/04/2018 7:55:29 PM PDT by sitetest

click here to read article


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To: sitetest
Crazy eyes.


21 posted on 09/04/2018 8:41:41 PM PDT by Sooth2222 (Hanlon's Razor: "Never attribute to malice that which is adequately explained by stupidity.")
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To: Secret Agent Man

Pussy pass denied? That would be a first.


22 posted on 09/04/2018 8:46:29 PM PDT by deadrock
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To: sitetest
George Schultz's grandson is the guy who blew the whistle on Theranos. He got a job there and noticed things just weren't right. There was an in depth article about it in the WSJ written by John Carreyrou. I'm sure the content is included in this book.

It caused a huge rift in the Schultz family.

23 posted on 09/04/2018 8:50:45 PM PDT by luv2ski
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To: Sooth2222

Crazy eyes anyway!


24 posted on 09/04/2018 8:50:54 PM PDT by Menehune56 ("Let them hate so long as they fear" (Oderint Dum Metuant), Lucius Accius (170 BC - 86 BC))
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To: KC_Lion

Thanks for posting the link to the Reason interview. That was excellent, very well done. It does indeed explain a lot.


25 posted on 09/04/2018 8:50:56 PM PDT by ProtectOurFreedom
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To: tbw2

“attractive young woman”

I’ve been on FR a long time and never felt the need to offer direct assistance to another poster. But, now, I’m willing to pay for any therapy you might need.

You are ill and you need help.


26 posted on 09/04/2018 8:52:46 PM PDT by keat
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To: Sooth2222

Never stick your wallet in crazy.


27 posted on 09/04/2018 8:53:11 PM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: Secret Agent Man
I hope the pussy pass does not work for her.

I think it's already worked it's magic.

IIRC, all she had to do is turn over the shares she held, pay a $500K fine, and promise not to serve as a director or officer of a public company for ten years.

$500K is less than 0.06% of what she conned out of her investors, who should have known better.

28 posted on 09/04/2018 8:53:12 PM PDT by Steely Tom ([Seth Rich] == [the Democrat's John Dean])
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To: KC_Lion

Thanks for posting that.


29 posted on 09/04/2018 8:53:33 PM PDT by BunnySlippers (I love Bull Markets!)
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To: Dante3

The Reason interview with Carreyrou (posted by KC_Lion above in #6 does indeed explain how she landed her first high profile board member and then leveraged that into a powerful board. I doubt that any of them had high-tech board experience and little or no medical device board experience.

She played the femme-fatale / feminine mystic bit very well and Carreyrou says many of these older men were taken in by that.


30 posted on 09/04/2018 8:54:34 PM PDT by ProtectOurFreedom
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To: wastedyears

What’s the deal?

19 year old woman drops out of Stanford in her Sophomore year to found a medical diagnostics company. Their machine is going to test for every disease known to man with a drop of blood. The young woman founder raises HUGE amounts of money, staffs her board of directors with powerful men, but, in the end, cannot deliver what she promised. She becomes a pathological liar. Before that, the company has a valuation over $10 BILLION and she becomes a paper billionaire. But it was all a lie, the tech results were lies, Walgreens was suckered in to buy into it. The company is out of business and the founder is under current criminal investigation.


31 posted on 09/04/2018 8:58:03 PM PDT by ProtectOurFreedom
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To: Sooth2222

Not only are those eyes big and very blue, but she never blinks. Maybe it’s a sex robot.


32 posted on 09/04/2018 8:58:44 PM PDT by ProtectOurFreedom
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To: sitetest

“Had to happen sooner or later. “

indeed. now if they can just get a conviction of Elizabeth Holmes, the sociopathic conwoman Steve Jobs wannabe, and put her in prison for a minimum of 20 years, planet Earth will spin on its axis just a itty bitty bit smoother for just a while longer ...


33 posted on 09/04/2018 9:02:00 PM PDT by catnipman ((Cat Nipman: Vote Republican in 2012 and only be called racist one more time!))
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To: PGR88

A lot of fraudulent companies hire up these guys and pay them to be part of their ‘brand’.

Go back and read up on Bio-Port (the anthrax vaccine maker out of Lansing, Michigan). They went the same route. There are dozens of companies out there with a fraudulent product, and hyped by the big guys.


34 posted on 09/04/2018 9:03:49 PM PDT by pepsionice
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To: keat

Bastard. I have a very sore back and it hurts like hell to laugh.


35 posted on 09/04/2018 9:11:49 PM PDT by AndyJackson
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To: allendale

“Elizabeth Holmes was one very strange lady.”

classic sociopath ...


36 posted on 09/04/2018 9:13:58 PM PDT by catnipman ((Cat Nipman: Vote Republican in 2012 and only be called racist one more time!))
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To: doorgunner69

“All I know is the liberal media raised the chick up to exalted heights. Youngest [FEMALE SILICON VALLEY billionaire[ss] and all that.

absolutely. the lying leftist fake stream enemedia just went absolutely bonkers promoting her because they FINALLY had a new leftist icon: first female silicon valley billionairess entrepreneur because that PROVED that it wasn’t just guys that could do it ...


37 posted on 09/04/2018 9:17:55 PM PDT by catnipman ((Cat Nipman: Vote Republican in 2012 and only be called racist one more time!))
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To: Steely Tom

“IIRC, all she had to do is turn over the shares she held, pay a $500K fine, and promise not to serve as a director or officer of a public company for ten years.”

well, that and a few decades in Federal prison should she be convicted of just a few of the plethora of Federal fraud charges against her ...


38 posted on 09/04/2018 9:21:00 PM PDT by catnipman ((Cat Nipman: Vote Republican in 2012 and only be called racist one more time!))
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To: ProtectOurFreedom

“19 year old woman drops out of Stanford in her Sophomore year to found a medical diagnostics company. Their machine is going to test for every disease known to man with a drop of blood. The young woman founder raises HUGE amounts of money, staffs her board of directors with powerful men, but, in the end, cannot deliver what she promised. She becomes a pathological liar. Before that, the company has a valuation over $10 BILLION and she becomes a paper billionaire. But it was all a lie, the tech results were lies, Walgreens was suckered in to buy into it. The company is out of business and the founder is under current criminal investigation.”

Wow! truly excellent summary!


39 posted on 09/04/2018 9:22:34 PM PDT by catnipman ((Cat Nipman: Vote Republican in 2012 and only be called racist one more time!))
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To: keat

No kidding. Some people need their eyes checked. She is funny looking.


40 posted on 09/04/2018 9:25:17 PM PDT by deadrock
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