4.6 • 12K Ratings
🗓️ 9 September 2021
⏱️ 22 minutes
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0:00.0 | It's Thursday, September 9th. I'm Gideon Resinc. |
0:08.9 | And I'm Trevout Anderson and this is what a day where we're sending our support to the |
0:13.1 | spider who is spinning a web on Virginia's now removed statue of Robert Ely. |
0:18.4 | Yeah, hit him with the stickiest web you got. We got your back. |
0:22.2 | Turn the entire warehouse where he's stored into one big web. Please, and thank you. |
0:35.1 | On today's show, we hit another grim milestone in the pandemic with a record number of children |
0:40.0 | contracting the virus. Plus Starbucks tries a Grande Union bus. Yes, among employees in Buffalo, |
0:46.8 | New York. |
0:47.8 | But first yesterday marked the beginning of the criminal trial of Elizabeth Holmes, the founder |
0:53.0 | of the blood testing startup Theranos. |
0:55.4 | That was the sound of her arriving at a federal court house in San Jose, California, where |
1:06.7 | really weirdly, there were also a few people dressed like her out of admiration or something. |
1:13.1 | Gideon, so before we dive in here, tell us the charges that Holmes is actually facing. |
1:18.8 | Yeah, there are a lot of them, Holmes as well as the company's president and her former |
1:23.0 | boyfriend, Sonny Balwani, got charged with about a dozen counts that include wire fraud |
1:27.8 | for lying to investors as well as patients about what Theranos technology could actually |
1:32.7 | do. |
1:33.7 | Now for those who didn't follow the story at the time to take it a step back even further, |
1:39.2 | Holmes started this company when she was just 19 years old in 2003 and the promise was |
1:44.0 | incredibly enticing to basically everyone. She claimed that Theranos would change the |
1:49.3 | healthcare industry for good by detecting various diseases through a single finger prick. |
1:54.7 | Holmes was on the cover of magazines and Theranos was worth billions of dollars at one point |
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