Comment on Reddit’s 50% Plunge Fails to Entice Dip Buyers as Growth Slows.

• TheFeatureCreature@lemmy.ca ⁨1⁩ ⁨week⁩ ago

  Elizabeth Holmes comes to mind. She manoeuvred herself into a position of wealth and power by defrauding other rich people and got herself 11 years in prison for it. That’s 11 years more than most other rich scumbags get.

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  • billiam0202@lemmy.world ⁨1⁩ ⁨week⁩ ago

    And that just goes to show:

    The only time rich people are held accountable in the US, is when they fuck with other rich people’s money.

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  • deranger@sh.itjust.works ⁨1⁩ ⁨week⁩ ago

    The most bizarre part of the Theranos scandal is that any medical lab tech/scientist could have told you, right from the initial pitch, the entire thing was a massive scam. There was literally no reason to ever think this technology was feasible and a mountain of reasons it wasn’t.

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    • cubism_pitta@lemmy.world ⁨1⁩ ⁨week⁩ ago

      Elizabeth Holmes only got in trouble for lying to people who should’ve done their “due diligence”

      The patients / families of the patients that Theranos lied to and mislead never got justice.

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      • Ledericas@lemm.ee ⁨1⁩ ⁨week⁩ ago

        i read an article when the theranos sht has been going down, around 2016, look how long it took to charge her. a patient hormone level was higher than normal indicating some form of malignancy, she took chemo only to find out she dint have any.

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    • metaldream@sopuli.xyz ⁨1⁩ ⁨week⁩ ago

      Tech execs have absolutely massive egos.

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    • Ledericas@lemm.ee ⁨1⁩ ⁨week⁩ ago

      her pitch was single droplet of blood to diagnosis diseases.

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      • deranger@sh.itjust.works ⁨1⁩ ⁨week⁩ ago

        I’m aware. I’m also a medical lab scientist and the entire thing screamed bullshit from the start, not necessarily due to the feasibility of testing on small volumes, but things like calibration and quality control.

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  • Viri4thus@feddit.org ⁨1⁩ ⁨week⁩ ago

    The worst of all this is that from the top of our heads we came up with a woman and three black dudes. Other than Madoff I don’t remember any white dude getting any deserved retribution other than the recent United Healthcare CEO.

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  • Cruxifux@feddit.nl ⁨1⁩ ⁨week⁩ ago

    But after that 11 years didn’t she come out of prison still rich?

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  • Ledericas@lemm.ee ⁨1⁩ ⁨week⁩ ago

    and not the patients live she ruined, even caused harm to.

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• paulzy@lemmy.world ⁨1⁩ ⁨week⁩ ago

  There is also something about those 3 people I can’t put my finger on….

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  • Cruxifux@feddit.nl ⁨1⁩ ⁨week⁩ ago

    lol that was my immediate thought too. But I didn’t want to bring it up because even with the racist implications those guys all definitely suck and should be in prison.

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• lobut@lemmy.ca ⁨1⁩ ⁨week⁩ ago

  I don’t know if Sam Bankman-Fried is a huge piece of shit. He was like rich as anything and then lost it all. Now he’s trying to curry favour with Trump to get out of jail.

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  • masterofn001@lemmy.ca ⁨1⁩ ⁨week⁩ ago

    If anyone is trying to gain favor from trump that’s enough to tell me about their character.

    Also, yes sbf is a huge piece of shit.

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