Theranos CEO Elizabeth Holmes is in the news again.
https://nypost.com/2018/03/14/sec-accuses-theranos-ceo-elizabeth-holmes-of-massive-fraud/
More interesting is the Board seems to be getting a complete pass. Recognize any names?
Theranos’ 12-person board we have former Secretary of State Henry Kissinger, former Secretary of Defense Bill Perry, former Secretary of State George Shultz, former Senators Sam Nunn and Bill Frist (who, it should be noted, is a surgeon), former Navy Admiral Gary Roughead, former Marine Corps General James Mattis, and former CEOs Dick Kovacevich of Wells Fargo and Riley Bechtel of Bechtel. There is also one former epidemiologist—William Foege, and, in addition to Holmes, one current executive, Sunny Balwani, who is Theranos’ president and CEO.
Very impressive board for a start-up company.
Why is poor old Elizabeth the only patsy?
Any charges against board members?
Why did Theranos/US Government really want people’s blood?
