Biden’s praise of Theranos played ‘key role’ in Elizabeth Holmes defrauding investors: report – IOTW Report

Biden’s praise of Theranos played ‘key role’ in Elizabeth Holmes defrauding investors: report

BPR:

New criticism of President Joe Biden has emerged, stemming from the then-vice president’s support of Theranos in 2015, just months before a Wall Street Journal investigation shed light on the misleading claims from the blood-testing company’s founder, Elizabeth Holmes.

Washington Examiner reporter Jerry Dunleavy accused Joe Biden this week of furthering the efforts of the disgraced company through his past praise of its work and how his compliments have not aged well in light of the findings against Holmes and Theranos. read more

8 Comments on Biden’s praise of Theranos played ‘key role’ in Elizabeth Holmes defrauding investors: report

  1. There were many “elite” people on both sides of the aisle taken in by this hoaxer. I listened to “The Dropout” podcast and am so shocked by the story. She’s a friggin nut

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  2. In the wake of the verdict I revisted some of the reporting on Theranos — much of it right before the fit hit the shan.

    Mattis is quoted as saying Holmes had the most (not “one of the most”) well-developed senses of ethics, hard work, etc. of anyone he’d ever known. When Biden visited Theranos HQ, they’d cobbled together every part they could to make up rows of the machine “Edison”. None of them worked. When they put on a dog and pony for him and for investors, they take a finger prick sample, usher everyone off to another meeting or lunch while the bench scientists did limited blood analysis BY HAND.

    I can’t believe she wasn’t convicted on the charge of harming patients! That, to me, seemed like the most agresious part of the whole thing.

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