Theranos - fraud

Cramer at his finest.

 

Wanted to puke listening to all these lies.

 

Cramer is exceptional, he recommended Bear Stearns (BSC) the day before it defaulted/ taken over by JPM.

 

Honestly, do we care that she owns VC a couple of millions? They lost 30 times more on the business venture. And she did offer her stocks for them.

The first round was 700 mill from VCs and that is probably gone forever. At least this 25 mill is in real estate or something sellable...

 

I would want to hear her side of the story.

surf

 

worst thing was that it didn't work if it would have been great for all people .
to bad lot of hurt caused by fake results. lets see how law works on this one.

 

Surf,

Dig out WSJ article: Theranos Whistleblower Was George Shultz’ Grandson: WSJ

All is pretty much there

 

Totally agree. When I first time read about Holmes and her company, I was amazed and used her as a stellar example of what can 1 person achieve.

 

http://www.dailymail.co.uk/news/art...xposed-flaws-Elizabeth-Holmes-technology.html

 

Theranos founder Elizabeth Holmes was a huge donor/fundraiser for Hillary Clinton.

https://www.google.com/amp/www.reco...h-holmes-is-holding-a-hillary-fundraiser-with