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Theranos: Ex-US general amazed by Elizabeth Holmes

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Posted By: FL_Absentee_Voter, 9/23/2021 10:10:18 PM

A former US defence secretary has said he was "amazed" by the promise of the blood testing technology developed by the now disgraced Theranos founder, Elizabeth Holmes. James Mattis, who sat on the company's board, also thought it was a mistake when she was first accused of fraud. [snip] Gen Mattis, who served under Donald Trump, was one of a number of political grandees to sit on the Theranos board - in his case between 2013 and 2016. On Wednesday, he told the court in San Jose he had been "rather taken" with Ms Holmes' technology at first and later invested nearly $85,000 in the firm.

Comments:

Context: Mattis also served under hussein, W, Slick... There was a great 20/20 piece on this sham. She had Mattis and the other senior military/defense members on her board (ADM Roughead, William Perry, George Schultz, Kissinger, et al) convinced that her gadget could be used during medevacs. When you think about it, does a soldier or Marine hemorrhaging on the battlefield really need a blood test? Blood type is on the dog tags - what more do you need to know to get them into surgery?

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Reply 1 - Posted by: MrDeplorable 9/23/2021 10:25:47 PM (No. 924507)
Hey, Mattis was a Marine not an MBA. What do you expect?
2 people like this.

Reply 2 - Posted by: DVC 9/23/2021 10:38:18 PM (No. 924514)
Dumbass Mattis.
2 people like this.

Reply 3 - Posted by: marbles 9/23/2021 11:38:50 PM (No. 924547)
No one that invested in Theranos bothered to do any due diligence , they all wanted in on the next big thing. Greed over intelligence.
8 people like this.

Reply 4 - Posted by: Rumblehog 9/23/2021 11:39:06 PM (No. 924549)
I suspect Mattis was given a cash advance to join the company's Board then invested his "free" money to start the hustle.
5 people like this.

Reply 5 - Posted by: stablemoney 9/23/2021 11:44:19 PM (No. 924557)
I am still amazed that Mattis takes an appointment from someone that is his boss, then stabs them in the back. That is amazing.
4 people like this.

Reply 6 - Posted by: downnout 9/24/2021 8:43:59 AM (No. 924822)
An old soldier flattered and enchanted by a young blonde con artist. Old story but same ending.
4 people like this.

Reply 7 - Posted by: lakerman1 9/24/2021 9:08:48 AM (No. 924844)
Just about anyone with even a lick of experience around a medical lab should have known she was selling b.s. = even the stereotypical old guy who collects and delivers specimens would know.
2 people like this.

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Theranos: Ex-US general amazed by Elizabeth Holmes 7 replies
Posted by FL_Absentee_Voter 9/23/2021 10:10:18 PM Post Reply
A former US defence secretary has said he was "amazed" by the promise of the blood testing technology developed by the now disgraced Theranos founder, Elizabeth Holmes. James Mattis, who sat on the company's board, also thought it was a mistake when she was first accused of fraud. [snip] Gen Mattis, who served under Donald Trump, was one of a number of political grandees to sit on the Theranos board - in his case between 2013 and 2016. On Wednesday, he told the court in San Jose he had been "rather taken" with Ms Holmes' technology at first and later invested nearly $85,000 in the firm.
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