Elizabeth Holmes is going to prison – with a $500M bill • Hacker News Board

Elizabeth Holmes is going to prison – with a $500M bill

#1

Post by damethos » Thu, May 18, 2023, 5:21 AM UTC

Elizabeth Holmes is going to prison – with a $500M bill
theregister.com

Re: Elizabeth Holmes is going to prison – with a $500M bill

#2

Post by petesergeant » Thu, May 18, 2023, 6:05 AM UTC

Does anyone have a clear and simple answer on why she got two years less than Sunny Balwani?

Re: Elizabeth Holmes is going to prison – with a $500M bill

#3

Post by dumbfoundded » Thu, May 18, 2023, 6:14 AM UTC

petesergeant wrote: post #2

Does anyone have a clear and simple answer on why she got two years less than Sunny Balwani?

Best analysis I've seen: "Balwani might have been perceived as someone “a little bit older and wiser” who should’ve known better."

https://qz.com/theranos-sunny-balwani-jail-time-elizabeth-ho...

Re: Elizabeth Holmes is going to prison – with a $500M bill

#4

Post by Nursie » Thu, May 18, 2023, 6:15 AM UTC

Good!

It’s amazing to me just how long wealthy people in the US can string this stuff out and jump on every last technicality for months on end.

I know she wasn’t convicted of the harm she did (and would have continued to do) to the public, but she clearly is a danger and has learned nothing. Needs to be in jail.

Re: Elizabeth Holmes is going to prison – with a $500M bill

#5

Post by slaw » Thu, May 18, 2023, 6:20 AM UTC

petesergeant wrote: post #2

Does anyone have a clear and simple answer on why she got two years less than Sunny Balwani?

[flagged]

Re: Elizabeth Holmes is going to prison – with a $500M bill

#6

Post by coding123 » Thu, May 18, 2023, 6:23 AM UTC

[flagged]

Re: Elizabeth Holmes is going to prison – with a $500M bill

#7

Post by frozenport » Thu, May 18, 2023, 6:27 AM UTC

petesergeant wrote: post #2

Does anyone have a clear and simple answer on why she got two years less than Sunny Balwani?

Jeffrey Schenk, an assistant U.S. attorney and lead prosecutor, said in court on Wednesday that Mr. Balwani should receive a longer sentence than Ms. Holmes because he oversaw Theranos’s lab, which endangered patients.

“Mr. Balwani had significant autonomy in running the lab. He made decisions that directly impacted the information that was communicated to patients,” Mr. Schenk said. The lab, he added, was the source of “some of the greatest harm.”]

[1] https://web.archive.org/web/20230307122401/https://www.nytim...