|
2021-10-05 -Lurid Crime Tales-
|
|
The big names behind the Theranos scam
|
[The Naked Hedgie] The epic rise of Theranos and its equally epic unravelling has turned out to be one of the most spectacular stories in recent years.
| Recall, dear Reader, that Theranos was a company chock full of Bright Young Things that supposedly had a breakthrough technology that would quickly perform vast numbers of very demanding blood tests using only a few drops of the patient’s blood. Unfortunately, that breakthrough had not been invented yet, and in fact continues to be the finest quality vapourware that at one point was valued at $9 billion before falling to zero in 2016. |
It went down as the largest fraud since Enron and the greatest scandal in Silicon Valley’s history. But media narratives have invariably focused on the company’s young founder and CEO Elizabeth Holmes. Countless reports and documentaries are all based on the unlikely assumption that Theranos was her own brainchild and that she herself was in control of events. We’ll consider a different perspective here: one which places Theranos in context of the current pandemic and the coercive measures planned by the global health authorities. As you’ll see, the real story of Theranos will prove very relevant to our present predicament. But most importantly, there is a very significant silver lining to this story. If you happen to feel pessimistic about the way things are going now, the real story of Theranos will give you encouragement and a great dose of optimism.
* snip *
That story enabled the audacious 19-year old to launch her venture, raise a total of over $750 million dollars and assemble a board of directors counting some of the world’s most powerful individuals. Theranos obtained funding from a number of high profile capitalists including the billionaire venture capitalists Tim Draper and Don Lucas Sr, Rupert Murdoch, the Walton family, Betsy Devos, Larry Ellison, Mexican billionaire Carlos Slim and companies like Walgreens and Safeway.
Theranos Board of Directors included former Secretaries of State Henry Kissinger and George Shultz, former Defence Secretary William Perry, future Defence Secretary General James "Mad Dog" Mattis, former U.S. Senator and Chair of the Armed Services Committee Sam Nunn, power lawyer David Boies, Retired U.S. Navy Admiral Gary Roughead, and former CEO of Wells Fargo Richard Kovachevic. It was indeed the board to take over the world. 
|
Posted by M. Murcek 2021-10-05 00:00||
||
Front Page|| [10 views ]
Top
|
|
Posted by Sheba tse Tung4690 2021-10-05 17:41||
2021-10-05 17:41||
Front Page
Top
|
|
17:24 Rex Mundi
16:44 irish rage boy
16:08 Sloluth Sheling6069
15:52 Super Hose
15:46 Uleremp and Company7042
15:46 Gloluth Theling6069
15:46 Super Hose
15:41 Skidmark
15:40 alanc
15:33 swksvolFF
15:32 Nero
15:29 Cured Romantic
15:19 Skidmark
15:12 Skidmark
15:09 Skidmark
14:59 ed in texas
14:55 Besoeker
14:54 ed in texas
14:51 Besoeker
14:48 Besoeker
14:07 Whiskey Mike
13:34 Cleared Cookies Lost Nic
13:30 Frank G
13:30 Frank G
|
