Theranos founder Elizabeth Holmes jailed for fraud

Theranos founder Elizabeth Holmes jailed for fraud

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Discussion

105.4

4,147 posts

72 months

Monday 8th May 2023
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Carl_Manchester said:
bhstewie said:
That New York Times PR piece on Holmes is being laughed at all around the world.
It’s the New York Times, what do you expect.

Once a bastion of outstanding journalism, it’s been a laughing stock for the last five years or more.

Willhire89

1,332 posts

206 months

Monday 8th May 2023
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Biggy Stardust said:
If found guilty
That ship has sailed - she's just trying to hold off starting the sentence

andy_s

19,421 posts

260 months

Tuesday 9th May 2023
quotequote all
105.4 said:
Carl_Manchester said:
bhstewie said:
That New York Times PR piece on Holmes is being laughed at all around the world.
It’s the New York Times, what do you expect.

Once a bastion of outstanding journalism, it’s been a laughing stock for the last five years or more.
Yeah, like...



It's good, people can see it clearly now, tac 'the thing' onto anything, hey-presto, 'journalism'.

bitchstewie

51,715 posts

211 months

Tuesday 9th May 2023
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The did similar pieces about Sam Bankman-Fried and Madoff too.

Hugo Stiglitz

37,243 posts

212 months

Tuesday 9th May 2023
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And if it was the 80s put a positive spin on the pork futures debacle of randolph and mortimer duke?

PurpleTurtle

7,066 posts

145 months

Tuesday 9th May 2023
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That NY Times article is behind a paywall but the Graun analyses it here:

https://www.theguardian.com/commentisfree/2023/may...

SpeckledJim

31,608 posts

254 months

Tuesday 9th May 2023
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julian64 said:
I wouldn't characterize myself as gullible. Spent too long working with the general public for that. But if it fits your narrative.

Its interesting though. Thread starts, stick wielding lynch mob starts to assemble, with successive posts becoming more dogmatic. Then someone posts with a slightly different view to the mob, and the counter posts are

Is he a sex pervert

Has he got both oars in the water, in other words a gullible fool.

...............sometimes its hard to be me..............
I really hope you're on my jury.

Jinx

11,407 posts

261 months

Tuesday 9th May 2023
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PurpleTurtle said:
That NY Times article is behind a paywall but the Graun analyses it here:

https://www.theguardian.com/commentisfree/2023/may...
You can read it by toggling the reader view in firefox and refreshing. I wouldn't bother though as it is a horredous puff piece (irrespective of the Arwa Mahdawi's opinion) trying to paint her as a misunderstood tech visionary and just a normal person caught up in events and not the manipulating fraudster of a failed fake tech company who also bares the lions share of responsibilty for Ian Gibbons taking his own life.

Four Litre

2,021 posts

193 months

Thursday 11th May 2023
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Biggy Stardust said:
julian64 said:
As for your comments about no basis in current technology you may want to look at recent strides in blood testing for advance detection of non specific cancer markers. There is a revolution in medicine coming, its just that its not a great mix with greedy investors, or less than transparent scientists
There might be a revolution coming but that's future rather than current technology, surely?

She went a lot futher than being a naive optimist, allegedly she defrauded people & risked others' lives. If found guilty then she deserves what she gets.
She certainly deserves all she gets. She comes across as somebody still in denial. Where a decent person would be full of remorse and quite possibly retreat to the library with a bottle of spirits and a revolver, she goes on a charm offensive. IMHO nothing but a con artist with delusions of her self worth,

Slaav

4,265 posts

211 months

Friday 12th May 2023
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Four Litre said:
She certainly deserves all she gets. She comes across as somebody still in denial. Where a decent person would be full of remorse and quite possibly retreat to the library with a bottle of spirits and a revolver, she goes on a charm offensive. IMHO nothing but a con artist with delusions of her self worth,
This!

The more one reads about her and her behaviour over the years, the worse she comes across. This 'current' incarnation is just that - another 'persona' that suits her right now and what she wants to achieve now at any cost.

Willhire89

1,332 posts

206 months

Wednesday 17th May 2023
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ChocolateFrog said:
She won't serve any time, far too rich and/or connected to wealth.

I've probably already said exactly this on this thread.
We seem to have taken a major step forward yesterday and added a $452M restitution cost into the mix bow

https://www.msn.com/en-gb/news/us/elizabeth-holmes...

Slaav

4,265 posts

211 months

Wednesday 17th May 2023
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Willhire89 said:
We seem to have taken a major step forward yesterday and added a $452M restitution cost into the mix bow

https://www.msn.com/en-gb/news/us/elizabeth-holmes...
STraight out of the Trump playbook now? Delay, obfuscate and Appeal?

Will this head off shortly to the US Supreme Court? How is she funding her legals?

That will give me something to do over the weekend - more reading as this is all fascinating (IMO)

Willhire89

1,332 posts

206 months

Wednesday 17th May 2023
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Slaav said:
Willhire89 said:
We seem to have taken a major step forward yesterday and added a $452M restitution cost into the mix bow

https://www.msn.com/en-gb/news/us/elizabeth-holmes...
STraight out of the Trump playbook now? Delay, obfuscate and Appeal?

Will this head off shortly to the US Supreme Court? How is she funding her legals?

That will give me something to do over the weekend - more reading as this is all fascinating (IMO)
Sunny got to this exact point and then had to go inside - I suspect if there was another option to delay the date he would have tried it

g3org3y

Original Poster:

20,671 posts

192 months

Tuesday 30th May 2023
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BBB said:
After several failed attempts to delay her time behind bars, Theranos founder Elizabeth Holmes is set to report to federal prison this week.

The disgraced entrepreneur was sentenced to over 11 years in prison and ordered to pay $452m (£365m) with her former business partner Sunny Balwani to dozens of high-profile investors they defrauded through a blood-testing start-up.

It's a sizeable bill for the former billionaire, who has claimed she does not even have enough money to pay her lawyers.
https://www.bbc.co.uk/news/world-us-canada-6567896...

Catastrophic Poo

4,457 posts

187 months

Tuesday 30th May 2023
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BBB said:
…sentenced to over 11 years in prison and ordered to pay $452m (£365m) with her former business partner Sunny Balwani…
Didn’t realise she was that fked.

Oh well.

Willhire89

1,332 posts

206 months

Tuesday 30th May 2023
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In some ways it is a really odd way of going about incarceration - knowing the date you must go in with then an eleven year stay ahead

This morning freshly squeezed orange juice with waffles on the terrace then tomorrow .........

tim0409

4,481 posts

160 months

Tuesday 30th May 2023
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Willhire89 said:
In some ways it is a really odd way of going about incarceration - knowing the date you must go in with then an eleven year stay ahead

This morning freshly squeezed orange juice with waffles on the terrace then tomorrow .........
I’m always fascinated when people's lives lurch from one extreme to the other, and I just can’t imagine what it would be like to end up in jail after a life of wealth and privilege.

If I was in her shoes I think I would have left immediately for Nepal to spend the rest of my life as a goat.

iphonedyou

9,269 posts

158 months

Tuesday 30th May 2023
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tim0409 said:
I’m always fascinated when people's lives lurch from one extreme to the other, and I just can’t imagine what it would be like to end up in jail after a life of wealth and privilege.

If I was in her shoes I think I would have left immediately for Nepal to spend the rest of my life as a goat.
Indeed. Though I think more than the wealth and privilege, leaving two kids - the youngest only three months old - would be the biggest change.

Edited by iphonedyou on Tuesday 30th May 13:07

AstonZagato

12,736 posts

211 months

Tuesday 30th May 2023
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iphonedyou said:
snip...
Leaving two kids - the youngest only three months old - would be the biggest change.
Well at least it's not all downside...

98elise

26,766 posts

162 months

Tuesday 30th May 2023
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tim0409 said:
Willhire89 said:
In some ways it is a really odd way of going about incarceration - knowing the date you must go in with then an eleven year stay ahead

This morning freshly squeezed orange juice with waffles on the terrace then tomorrow .........
I’m always fascinated when people's lives lurch from one extreme to the other, and I just can’t imagine what it would be like to end up in jail after a life of wealth and privilege.

If I was in her shoes I think I would have left immediately for Nepal to spend the rest of my life as a goat.
Especially in the US. From reading a few real life accounts what you see in films and on TV can be quite close to the truth. Expect violence and you need to be prepared to defend yourself.