#epsteindidntkillhimself and my favorite conspiracy about #theranos. Here I lay out the foundation for a D&O lawsuit against the #theranos board of directors and show a plausible explanation as to why Holmes ended up in such a bad situation.
#theranos never worked b/c the pinprick test's error rate was too broad. This is likely b/c blood is not a homogenous substance. However, the board of directors never questioned this.
And who was on the board of directors?
And who was on the board of directors?
Henry Kissinger
Sam Nunn - former senator
William Perry - former defense secretary
William First - former senator
General Mattis
Why were they on the BoD for a healthcare company?
To raise capital. Note who invested in #theranos
Sam Nunn - former senator
William Perry - former defense secretary
William First - former senator
General Mattis
Why were they on the BoD for a healthcare company?
To raise capital. Note who invested in #theranos
Betsy DeVos
Walton Family
Rupert Murdoch
Cox family
DeVos has a direct tie to #blackwater / #academi. The rest are military-friendly connectors. The goal was to raise money for a minimum viable product to sell to the defense department.
Walton Family
Rupert Murdoch
Cox family
DeVos has a direct tie to #blackwater / #academi. The rest are military-friendly connectors. The goal was to raise money for a minimum viable product to sell to the defense department.
This is explicitly stated in the SEC lawsuit:
sec.gov/news/press-rel…
The goal was to get the product into the Afghanistan battlefield.
sec.gov/news/press-rel…
The goal was to get the product into the Afghanistan battlefield.
The BoD used their connections to raise money for a faulty product that had no hope of succeeding. They were either too ignorant to be on the board or were negligent in their duties. At a minimum, there is real exposure in a D&O lawsuit for all members of the #theranos board.
Holmes now claims that she was under undue influence. She was pressured, primarily by her boyfriend, to perpetuate the fraud.
However, I wonder if the other members of the board supported the fraud.
However, I wonder if the other members of the board supported the fraud.
It's reasonable to infer that the BoD were raising funds with express knowledge that #theranos did not work. I'm guessing they did not care and were more concerned about closing the deal with the Department of Defense.
And here is where my speculation turns into #conspiracy: I think the BoD knew what was going on and were complicit either expressly or indirectly in Holmes continuing down the path of fraud so #theranos could return profits to the investors & protect the BoD's political capital.
"Why wouldn't Holmes point this out in the trial?"
Good question.
Why were no big power brokers implicated as part of a sex trafficking ring during the #GhislaineMaxwell trial?
npr.org/2022/04/30/109…
Good question.
Why were no big power brokers implicated as part of a sex trafficking ring during the #GhislaineMaxwell trial?
npr.org/2022/04/30/109…
The answer is simple: The rich and powerful close ranks in times of struggle and Holmes knows that she better shut up.
#GhislaineMaxwell basically kept her mouth shut & #EpsteinClientList remains a mystery.
Likewise, Holmes lives to fight another day.
#GhislaineMaxwell basically kept her mouth shut & #EpsteinClientList remains a mystery.
Likewise, Holmes lives to fight another day.
This #conspiracy starts with a prosaic foundation for a basic D&O lawsuit and ends with a cynical view of the US Justice Department:
The rich always win and the rest of us are along for the ride.
The rich always win and the rest of us are along for the ride.
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