Bad Blood Author Carreyrou On Elizabeth Holmes And Theranos
Вставка
- Опубліковано 25 вер 2024
- Jim Cramer sits down with the man who broke the story about Theranos, Bad Blood author John Carreyrou.
Former Theranos CEO Elizabeth Holmes really believed that she was doing something positive for the world, author John Carreyrou told CNBC's Jim Cramer.
"She really did believe that creating this machine that would be able to run every test known to man off of just a pinprick of blood, that that would really be good for society and that it would do good," Carreyrou told the Mad Money host. "So I think she has this condition called noble cause corruption, which is that she ultimately believed that what she was going to achieve once she got there was gonna be a good thing for humanity. Therefore, every lie and every corner she cut along the way was justified."
Carreyrou's book "Bad Blood" tackles the rise and fall of Theranos and Holmes, its founder. The Silicon Valley darling, at one time valued at $9 billion, claimed that it only needed a microscopic amount of blood for its automated blood tests. Through his reporting in the Wall Street Journal, Carreyrou found that the technology did not work as promised, and that the biotech company misled customers about the methodology and accuracy of its tests.
» Subscribe to CNBC: cnb.cx/Subscrib...
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: www.cnbc.com/
Find CNBC News on Facebook: cnb.cx/LikeCNBC
Follow CNBC News on Twitter: cnb.cx/FollowCNBC
Follow CNBC News on Google+: cnb.cx/PlusCNBC
Follow CNBC News on Instagram: cnb.cx/Instagra...
Bad Blood Author Carreyrou On Elizabeth Holmes And Theranos | CNBC
First they think you're crazy, then they fight you, then they prove you really are crazy.
correct
Correct
Lol
Correct
But the media and investors didn't think she was crazy - they thought she was brilliant, then Tyler Schultz had to spend $400,000 in legal fees as part of blowing the whistle
Cramer's gotta love his job. One day he is plugging Theranos and another day.. plugging a book on its downfall. That's how you do it!
Prajwal Shetty
I’m not a regular follower of Cramer, but he seems to specialize in softball interviewing of high profile biz leaders shortly before they hit the skids and are shown the door. Happened with Jeff Immelt.
Prajwal Shetty --You are a cockroach.
Is that you, Jimbo?
Nonsense Theranos and Holmes were seen at the time as a pioneer in the medlab industry, he purely covered their story just like any regular host would. The very fact he's covering her downfall proves he's stuck with her story from start to finish.
It’s never been a secret he both sides To make money that’s what wall Streeters do it’s their job
"First they think you're crazy....." -- That's why first impressions do matter.
First they think you're crazy, then they KNOW you're crazy.
The words of a pathological liar
Lol!
Lollll
Christina Reynolds Check the eyes. They always give people away. She had psychopath eyes.
Jim Cramer you are also a villain in this story in case you forgot Jimmy boy. A session with Liz and Jim and their squeaks and grunts is priceless.
I just finished this book and I couldn’t put it down. It was written so well. Absolute thriller!
Me too! I was up all night finishing it. Can't wait for the trial.
Jim Cramer says "how all these people were fooled." How soon he forgets he was too. Go back to a CNBC interview of Elizabeth Holmes by Jim Cramer. He treated her like royalty.
Cramer's just an overly animated puppet. Sure wish I knew who the puppeteer was though...
Walgreen's ignored their own guy because they were GREEDY - afraid CVS would beat them out. Anyone know if Walgreen's is being sued by anyone - probably depends on if a patient suffered or died as a result of faulty tests.
Google time!
Kramer is an idiot too.
@@nooceluap7760Walgreen's is technically not greedy, but desperate. At the time when they sign deals with Theranos they're already slipping in revenue, and desperately trying to find the new hot thing to latch on to before their reserve dried up and their market share too low to even matter.
@@sootikins lol the Bear Stearns rant
So is Cramer going to talk about how he gave Elizabeth Holmes a platform?
At one time, I considered Jim Cramer to be an Elizabeth Holmes enabler. If he ever characterized himself in that way, this piece makes clear he's seen the error of his ways. So I credit him for that...
Too late ...
Phlegethon there was nothing wrong with Cramer giving her a platform to speak for a few minutes and to “promote” her company, at the time there was no public knowledge of the fraud.
The entire world gave her a platform
Of course he won't, or if he does it will be in passing mixed with shoulder shrugging.
I love how Mr Cramer who fell completely for her pitch is now morally outraged.
Especially when Cramer was one of many chugging it down himself
Thank you. I was looking for this comment
I would’ve led with that- “On that screen right there she bald face lied to me, and I sopped it up with a biscuit!”
Cramer isn't an intellectual.
Cramer is a notorious dimwit.
Seriously one of the most gripping books I have ever read. Better than a who-dun-it ... even though we know from the start Exactly who dun it! Scary and brilliant.
definitely worth the read indeed!!!
I remember Cramer first interview when he was babbling and drooling at everything Elisabeth was saying... He gave her such undue merits at the time without any true reporting. Now he seems so hauntingly shocked and disgusted by what she has done after he gave her such a platform to spread her lies. Luckily there are some true reporters like Carreyrou to keep your trust in humanity alive. Cramer, find a new job, please.
Scavenger VS psychopath
If I was carreyrou, I would ask him when I would be getting the money I had in Bear back.
Cramer is good TV, he doesn't have a clue what he's talking about 90% of the time.
@@Jushwa so why isn't Mad money branded "entertainment" and moved to Network?
@@memyself717 good question
The Corporate Media propped her up as a female "Steve Jobs". You too, Cramer!
They so desperately wanted some female entrepreneur that they tolerated this fraud willingly.
Cramer has ZERO credibility!! He is a media talking head and investor that spreads hype and pump and dumps stocks himself.
@NibiruLives Markets are lucky that she was stopped before going public.
correct
What a total con this Kramer joker is,eh?
Bad Blood is an awesome book. Even if you’ve seen documentaries, there is so much more to the story. And Carreyrou is a great writer
Cramer says: "How all these people were fooled (by Holmes)" without any irony. That's just rich.
Lock her up. And the boyfriend too.
I laughed at what he said “people who drank the Kool-Aid are not well educated.”
I know right? This fraud was the biggest Theranos supporter in America. Jesus, and people still trust this guy?
he drank the kool aid.
The uneducated that he was talking about was the Jim Jones cultists that literally drank the Kool-Aid.
Wasn't this chump instrumental in promoting Holmes on his Mad Money show?
sent4dc
Yup. Two softball interviews.
He interviewed her again and expressed his doubt about her science.
but of course you knew from the very beginning screwball
Essato ! ! !
@@batboy3746 "First they say you're crazy, then they fight you and then all of a sudden, you are crazy and a fraud" :)
As a licensed clinical chemist I knew from day 1 that this technology couldn't work. Sample size too small then they diluted that for use on conventional instrumentation. Anyone involved in labs learns in the first week that no test is better than the quality of the sample and that finger stick samples are the least accurate source for testing. Any investor could have learned that in 5 minutes of due diligence. Walgreens should have listened to their consultant. Knowing what I know today I should have shorted that stock and made lots of money.
Theranos never IPOed, so the stock wasn't available to short.
Thanks. Didn't know that.
Yep, I facepalmed so many times reading Bad Blood. MLT here- this is how not to run a biotech company and how not to run a laboratory🤦♀️
How did you come up with the screen name "terpene12"? I know terpenes from advanced organic chem in college and graduate level food science classes. Learn about terpenes from medical MJ?
LOL I just thought it sounded cool back in the o-chem days =) and I liked the structural diagrams of them. the 12 is arbitrary and has nothing to do with Seahawks references to "12th man"
Love how Cramer tries to get sensationalised simplistic responses and the journalist will only give intelligent factually informed responses
Her dad was a VP at Enron...Need we say more?😒🙄😬😑
Wow. I checked online. Youre right.
It's amazing it hasnt come up in these media reports even once.
Quaint Deliveries: It shocked me when I found out😲
Wow! Blood apples
Guess it runs in the family..
Eduardo Ramirez Jr sorry can you explain, what is enron? I'm not from the US
Carreyrou did a great job with this book
i listened to the audio book the last few days. it was rivetting
I just finished it. FASCINATING!!
How anyone in their right mind believed that she with no medical background whatsoever have come up with the biggest medical breakthrough in her leisure time is ridiculous on its own let alone for how many years it went unquestioned.
Mad Money had EH on several times even after the scathing WSJ article came out
I read the book. I still can't believe she was caught by a reporter who works for Ruppert Murdoch whom invested $125 million in Theranos !
You recommended her Cramer!! You did an interview with her, you were in awe, thanks for the Bear Sterns advice also Jimbo.
I don't wanna be rude, but is there something wrong with Jim Cramer? Dude comes off as one incredibly unhinged individual.
King1559 read “trading with the enemy”
That's how to gain viewers. You have to be unhinged. If you are too calm, you will come off as boring and viewers will leave.
He's acting as if he has never heard of Theranos so people will forget he plugged her (figuratively) on his show.
I think he's on drugs, actually. It doesn't make sense otherwise.
He's always been a mad man.
Cramer’s speech has become harder and harder to understand
I just did a Google search for Jim Cramer Parkinson's. It didn't come up with anything, but _something_ is not right with that guy.
I hadn't listened to him in over 10 years. It sounds like he had a stroke or something. There were whole sentences that seemed to be just gibberish.
He busted his vocal cords. His throat is damaged from shouting too much and being a show off when he was younger.
Cramer is basically a clown putting on his little act and he thinks it makes him respected, which it does not.
CNBC needs to send Cramer packing: he is way past his expiration date.
Yes, at one time he was singing Elizabeth Holmes’ praises. He did the same thing with Lenny Dykstra and Dykstra is one very sick individual who took too many steroids and ran into the outfield fence a few too many times. Lenny is nothing more than a sick, deluded con man and Cramer is one of the people who drank Dykstra’s Kool Aid and fell for his con job.
Lol
This anchors voice is sooo annoyingly squeaky and I don't know why he's trying sooo hard to sound so amused at the end of every sentence that he makes 🤷🏼♂️😖🤥
Manpreet Dhatt
Manpreet Dhatt lol
Manpreet Dhatt
Really disconcerting when watching reporter talk the ‘Mad Money’ pic and logo are giant, front and center while reporter is off to right on the side.
Thought it was just me... but man.. what an irritating voice!
Yup. I personally prefer a fake deep voice hahaha
She sounds like Romy from Romy & Michelle's High School Reunion lol
MITCHELL WIGGS exactly what I was thinking!
She sounds like Rommys brother
lol
Dead! Zzzzzzzzzzz
“I invented Post-it’s” *nods
Insightful gumshoe work from Carreyrou for this book. Not so much for Cramer as he really gave this woman a vehicle/platform to run on a few years back in his show.
"Jerry, just remember its not a lie if you believe it. " George Castanza
When a "winning" company finds the chief scientist has committed suicide, do you:
a) tell everyone that's a sign of leading-edge dedication.
b) state it is just a statistical anomaly that crops up and is beyond your control, but you do welcome the challenge.
c) just state "We are empowering the individual by bringing real change to the world for the betterment of mankind, science, health and Unicorns!"
"The bigger the lie, the more it will be believed." Joseph Goebbels
Buying the book right now. Should be a required textbook 101 for business students.
Good job Mr. Carreyrou. Thank you.
Kramer goes on as if he had not had her on his show, with him also fawning over her.
Jim Cramer and the character he plays must be stopped. He's ridiculous.
Cramer should do his home work before inviting psychopath. Holmes dropout from Standford with few classes in biochemistry. Then claim herself to be a scientist lol
@Sagan Unit because he stuck to what he could do - tinkering and programming.
She sure loved having her picture taken while staring at that capsule.
Just finished reading book. Elizabeth Holmes was all about the aesthetics of the product not enough science.
OMG this guy speaks like a character
Apparently men find her charismatic, even Kramer did. I don't know, I just see a blonde Gomer Pyle.
I think you have to be older and hornier to see her "charisma"
OMG, stop! A blonde Gomer Pyle. 😜🤪🥴
Agree. Men must be very desperate to find her pretty!
@@Xalgucennia she also sweet talked all of them.
@@mrsx7944
Yeah, but somehow I doubt I could sweet talk myself into a multi billion dollar investment into worthless technology.
"Sweet talk" only works if you have the face/body to back it up.
Nope. Jim Cramer is unwatchable. I have to turn this off despite wanting to watch Carreyou.
I invented a new thermometer called, the stink finger stick test. Available now for 2.99 at your local liquor store
I want to invest in it please 🙃
Carreyou points out how pundits like Cramer (specifically Cramer) gave Holmes credibly. Why is he on this show?
Barles Charkley he's a journalist, he talks to everyone.
Why is he on this show? In hopes that Cramer might give him credibility. :)
Rubbing it in his face.
WTF is wrong with the interviewer?
Some kind of narcotic
Bath salts?
NorceCodine He’s definitely on Bath Salts or some form of speed/meth.
hahaha so funny. As soon as he started talking I knew he either has a problem speaking or he was high on blow.
There are virgins to cable financial talk television in this thread... welcome to the "legendary" interviewing style of Jim Cramer.
I really love John's book "Bad Blood". Sunny B is the worst kind of boss that you can ever imagine. The way John described him is almost hilarious.
Just finished the book. This is an EXCELLENT book. Reads like a thriller novel.
Maybe discuss how the head researcher became so distraught he committed suicide.
Yes a guy called Ian Gibbons. Got depressed and drank too much to destroy his health. Poor man.
Don’t you mean he was “suicided?”
@@kyuhotae6410 No, he killed himself in the bathroom at home. Not assassinated, if that's your guess. However, he did it because he was forced to fake data and results and he didn't dare to resign, because he probably won't find another job paying as well at his age.
QQ Z How sad. Elizabeth should be the one committing suicide but she had a grin on her face.
2:23 that paper on Cramer's hands... look like that font is at least 32
After reading the book, I think Holmes should start looking for a long-term babysitter.
I love how "people" were fooled..."like me" should've been added...
Cramer is a horrible journalist and businessman. 2007" BUY BUY BUY!!!!"
@ James, that’s an insult to the word businessman, I’m not even sure why he has a platform as well. Once he was called out by Jon Stewart, dude became a has-been in my books.
It's amazing how effective NLP can be. She was a good study and practitioner of the technique.
She did what a thousand other companies did.. Go live and then do a recall..
Derek Rodgers except this involves majorly large scale defrauding of investors
Yes, in a sense that's very true. In general, when i read stories like this I chuckle, because I don't know how this all that different from the way a lot of companies do business. It's always about making more and more, and about financial 'growth', not about the product. Unless the population is growing tremendously how is non-stop financial growth possible?? The whole idea in itself is a scam. Make a solid product that everyone truly needs without you having to go to extreme measure of marketing it, and you will have financial stability and health. Wall Street has broken the world. However, when your product can harm people in more ways than causing them to empty a pocket for smoke and mirrors, it goes to another level of seriousness. That's pretty much the only difference here.
@@dyathinkhesaurus But that's their business. Risk is what they do - they always throw money at something that doesn't exist. Whether it eventually does or doesn't, well that's their problem. Please.. last people who need pitty in this whole deal is investors! I don't think anyone, including her, should be punished because of them. That is not what this case should be about
comment risk of company not being projections, but not so much risk of company turning out to be lying about the whole operation and defrauding everyone they do business with. And I'm not going to cover everyone that needs pity in just one comment, so don't go making assumptions about that.
@@dyathinkhesaurus If you want to invest in medical devices, invest in a company like Becton Dickinson. They have long established and time tested product lines. Then we can talk about potentially occasionally not meeting projections. But if they're throwing money at smoke and mirrors, then there are no projections by definition. Why do they do this? Greed, biggest risk brings biggest bucks. Who suffers the most here? Customers and employees, who NEVER make as much as the investors or the big wig 'leaders' of the company, even when there's success. More importantly, they don't even have job security. Now that's who's really being defrauded. They're not throwing any money around at anything and don't have it to throw around, but still suffer first! That is the whole problem in the business world - money is what drives product development, NOT true need. You'll laugh, but there are products out there that when the intended user hears about them (for example doctors), they cringe! But somebody wanting profits or cutting costs latches on and markets it till they're blue in the face, giving the (let's be blunt!) false impression that the actual user has to want the product, staging all sorts of demos with actors portraying the customers, and such. They justify it sometimes simply by 'driving progress' But careful! 'Progress' is not the same thing as need, or good. It can be more about harm than good. So you reap what you sow. We have created a man eat man society and we pretty it up with all sorts of superficial idea constructs and jargon. It doesn't have to be that way, not by any means, but that is the way we have chosen.
Elizabeth was pretty and no one would ever think that ANYONE would tell a lie that damn big
How can anyone say that this woman was pretty? She is not in the least little bit pretty. Bad features and psychopath eyes.
She was pretty? 🥴
Cramer taking both sides like always and takes the winning side in the end
She is anything but 'charismatic'.
I agree.She is just so weird and creepy.
Right. Some say that she’s pretty. Looks pretty psychopathic and ugly to me.
I think she's impressive and weirdly attractive.
Cramer asked how could educated people be fooled... he should know how.
My guess is that she had the idea that if a (magical) single machine could be made to conduct 200+ blood tests, it would be revolutionary, while people assumed she had the idea on how such a machine could be made, meaning only the engineering details needed to be worked out. Her investment briefing required that investors not ask? hence the discrepancy was never said
Go to jail. Don't come out. Go to jail. Don't come out.
Yep , the people that "pushed" that FRAUD should be in JAIL .......
Jim , didn't You kinda' help "push" the whole Theranos thing at one point ?
JUST SAYIN" , PLAYA !!!!
Cramer acts like he never interviewed Holmes and gave her a platform for perpetuating her (possible) fraud. He did and was very enthuthsiastic about Theranos before this scandal broke.
Strongly recommend this book, amazing story, fantastic read!
When it comes to finances, has this guy Cramer ever been right about anything?
Did he just call her "charismatic"? Umm she's got zero charm/charisma.
You wouldn't have had that many powerful men to follow her and wholeheartedly believe in her if she wasn't charismatic. She must have been incredibly charismatic.
What some see as charismatic I find downright spooky. Her eyes rarely blink. That's odd.
She was young and blond... she been fooling herself since she was a child, she was one of those kids I have met that is so catered to because they thought her fairyland tales were so creative and cute she just grew up continuing to garner an audience by telling creative tales that involved making the greedy richer
Yeah, she's got a very ugly mouth too! Not that visible in all pictures, but in one video when she's talking she has like no upper lip, but a huge lower one, which almost looks like the mouth of a demented person. Her eyes look like she has Grave's Disease (that bulging 'wonder' stare), unless maybe she's on some kind of drugs or something. In some interviews you can tell that she's not a beautiful woman at all. Of course, that is a matter of opinion. But whatever the case, what is wrong with these supposed 'smart' people that invested in her if they looked at her instead of the product?? Why did they not question that there were no science people on the board?
She's not charismatic. She's a dork. That said, she used her status as a woman to get a few powerful people to support her and then everyone followed the pack in search of profits and praise. Zuckerberg has more charisma than her and that's almost impossible.
What I don't understand is how people who know the whole story, including John Carreyrou, say Elizabeth Holmes is so very smart, so dedicated, so involved, yet at the same time say she started as an idealist and only later lied. Those are inconsistent ideas. If she was so smart and involved, she must have known that her "dream" violates some basic laws of physics. Maybe George Schultz or Henry Kissinger or Mad Dog Mattis wouldn't pick up on it, but Holmes was a chemical engineering major when she dropped out. She was making very good grades. She had to know that most tests could not be done with just a drop of blood, and, moreover, that multiple tests could not be done on such a small sample. Furthermore, the HBO film about this exhibits one professor who told Holmes exactly that long, long before the practical cheating occurred.
Holmes' ideal from the beginning was to get money out of suckers who could be charmed by her. She tried one "vision," the skin patch that would draw a blood sample, communicate with a server to analyze, diagnose, and direct the patch to dispense the required medication. Pure science fiction, and it didn't sell. So she moved on to something that was simpler, but no more possible, and could be sold by big blue eyes and black turtle necks. She knew from the first that there was not only no actual technology behind it, she had to know it couldn't be done.
My suspicion is she was planning and hoping that she could get lab technicians and others to work 16 hour days doing all sorts of stuff and that eventually they would pitch up something that really was an advance and really did work. Her idea from the first was to "fake it until she made it." But fakery that involves taking money from people is fraud. From the beginning.
Jim: "How all these people were fooled..."
Don't pretend you weren't one of those fooled. How many times did you fawn over her and tout her company on CNBC??????
Greed is always the reason for fraud. Noble corruption is laughable as a cause considering the billions to reap.
I'm so confused......how could they already be using these machines on patients?? Where was FDA?? Didn't they have to test and authorize the use of this "medical diagnostic" tool???? That's who dropped the ball here big time! If you ask me
So, is Jim Cramer going to explain how he got fooled by Elizabeth Holmes, as well?
Or, will he deny everything just like her?
She used that “vocal fry” in her voice to get people take her seriously. She had that tone in her voice but lowered the pitch, & there was a nasal tune to it. I listened to another woman that people did not trust that did that during a police interview where she had been involved with a married man who killed his pregnant wife and 2 small daughters. People hated her voice because like Theranos she had that vocal fry, and lowered tone, and people thought she spoke that way in order to be seen as “intelligent & in control” but it backfired because once people thought she may have been involved in the murder, because of her “vocal posturing” and the way she spoke the words and affectation or posturing she used. She also had deleted important texts between her and her lover that people felt were incriminating. Let’s not make women think their feminine voices or feminine nature make them seem or look less intelligent or capable. And not reward women that talk more like a man in order to be seen as serious. I like being feminine & I even find myself taking a more serious “affect” when I am asked to debate or talk about something serious.
Noble cause corruption ? Basically she was obsessed, she tried to bend every corner but I am not sure it was a deliberate fraud. And in the future who knows Theranos might actually work ? The idea was good.
I think the reason they were so willing to give her money isn’t because she’s charismatic it’s because she’s terrifying
The pics of her holding the Nanotainer are hilarious.
Stopped watching Cramer in 2008 after seeing he had absolutely no clue about the Impending financial crash. WTF has happened to his voice since then? 😆
Cramer really comes off as a real sociopath here. Someone on youtube should put Cramer's sycophantic interview w/ Holmes back to back w/ this interview.
This woman has the nastiest sounding voice
Ikr, that alone should have not got her any loans
read somewhere the voice is fake.
That is apparently not her real voice.
She apparently lowered her voice intentionally for interviews
Man / female / psychopath hybrid
Thanks to John Carreyrou's Excellent journalism
Elizabeth lives in a luxury apartment by defrauding. Aaron Swartz committed suicide because he wanted to share knowledge.
I know right. all people with brilliant brain should be protected and I understand it scares some people and see it as a threat
And I'm sitting here reading comments 2 years later.
if you work for a company that uses "fear" as a tactic for leadership. get out. sadly. its pretty common now to find this type of work environment.
She got so far because anyone questioning her or the company would have been labeled “sexist.”
Because Holmes was head of the company and people were blindly rooting for her to succeed despite the data to the contrary.
If true, then how would you explain all the other frauds, usually perpetrated by men, that went on for a surprisingly long time?
Would sb have expected Kissinger to personally insprect the machines? Is Jim Cramer supposed to know if he can trust what a CEO is saying, if he can't verify it from his studio or computer in half an hour?
She got that far because she exploited a loophole in the regulatory landscape which allowed her company to avoid the strict scrutiny all other device manufacturers have to undergo. It may take legislation to close that loophole.
ok. let's not make this a man/woman thing. ugh.
Thanks for saying that Bob Loza. She may have been a darling of silicon valley because she was a woman entrepreneur but that is not how she escaped regulatory scrutiny for so long. To say otherwise simply betrays a lack of understanding of the facts of the case, the regulatory environment and betrays a desire to use this to promote an anti-feminist agenda in an unwarranted fashion.
@@emintey Interesting.. What was the loophole? Come to think of it, why wasn't this company ever checked out by the FDA or something? How is it possible for someone to just go to market and start selling some fake diagnostic product in all the countries drugstores? This is actually pretty mind-boggling, if you think about it.
GIRL POWER AT ITS FINEST- smile, wink, shimmy; and SOB WHEN YOU CAN NOT GET YOUR OWN WAY ........ [like many woman criminal in usa, she will serve no jail term]
Jeez, Jim Cramer could only ever be successful in America. So false and affected.The book is brilliant and Carreyrou did a fabulous job. And well done to Murdoch for not stepping in to stop the story even though he stood to lose over $100 million.
She walks pretty weird 🤷🏻♂️
In all the videos I've seen of her, the word charisma does not come to mind.
mad money man got it wrong. mad money man should be in jail for the pump and dump apple stock conundrum.
Credit should be given to the employee who brought this to the media in the first place
EXACTLY! All that Carreyrou guy did was get inside information from a couple of people, write it up and sell it for profit! He is making loads of money from it; selling newspapers, magazines, books and now even movie rights! He's just a profiteer!
You are a villain too Cramer. You invited Fraudster Holmes to your show and compared her to Steve Jobs.
Yes. Twice in fact.
Like in "The Producers" I will be disappointed if the jury doesn't come back with the verdict, "We find the defendant incredibly guilty."
why she is not in the prison
Rich people never really goto jail
There is a Federal criminal wire fraud case against her (9 counts) in the US District Court in San Jose. (There's also two counts of conspiracy to commit wire fraud.) A grand jury handed this down on June 15th, 2018. Her ex-boyfriend and Theranos COO, Sunny Balwani, is a co-conspirator.
She will be eventually. This is a very complicated case and cases are still being put together. Plenty of Theranos people will be in prison, to include Holmes.
white privilege
@@PhuckHue2
More like female privilege.
Now that guy is a Reporter. Rare indeed.
LOL
"How did so many brilliant people get conned???" -- Jim Cramer
(Jim Cramer got conned)
Therefore, Jim is calling himself a brilliant person.
0:07 Judge be like All of sudden you’re in prison. lol 😂
An excellent book, my girlfriend and I cant stop talking about crazy Lizzie.
A man doing the equivalent would have been unmasked far earlier. But we must have The First Woman mega-entrepreneur because we just must. Still waiting.
Finally got around to reading the book a few days ago. Incredibly good story, but it also almost made me ill. It was hard to grasp how so many brilliant, accomplished people were deceived for so long.
MAN YOU JUST HIT THAT RIGHT ON THE NOSE.
Walgreens didn't want to lose her as a partner. cough, cough.
Why are these scammers not in prison yet?!!!!
When are we getting rhe expose on Tesla
As noble as her dream might have been, to continue to tell so many lies to so many people was just insane and stupid. Crazy.