Setting the Stage

The Dropout

ABC News

True Crime

4.6 • 25.6K Ratings

🗓️ 14 September 2021

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

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Summary

Elizabeth, holding hands with her partner, Billy and her mother, Noel, breezes into the courthouse to hear opening statements in her financial fraud trial. The government and the defense set the stage, giving us a roadmap of how their sides of the case will unfold. The prosecution says this is a case about fraud, lying and cheating, while the defense paints a picture of an ambitious young woman trying to change the world. She made mistakes, they say, but didn’t break the law. And we hear from the case’s first witness: Theranos’ top ranking financial employee who has a lot to say about how Elizabeth may have misled investors. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:32.0	Previously on the dropout, Elizabeth Holmes on trial.
0:36.0	We learned about the 12 jurors who will ultimately decide Elizabeth's fate
0:40.0	and heard firsthand from dismissed candidates about what Elizabeth was like up close.
0:45.0	She was kind of just like staring at all the jurors as they walked in, looking as if
0:52.0	she's about agreed us for something.
0:54.0	This week, the government and the defense set the stage with opening statements,
0:58.0	giving us a roadmap of how they plan to argue this case.
1:02.0	And we hear from the prosecution's first witness, Theronosis Highest Ranking Finance Employee,
1:09.0	who will contradict Elizabeth's oft-repeated claims that she was ignorant about
1:14.0	financials when she allegedly misled investors.
1:17.0	You didn't keep keep track at all of what Theron is turning revenues.
1:21.0	I did not personally know.
1:32.0	From ABC Audio, this is the dropout, Elizabeth Holmes on trial.
1:39.0	Episode 4, Setting the Stage.
1:43.0	The highly anticipated trial of Elizabeth Holmes, Rebecca Jarvis at the Courthouse
1:48.0	in San Jose, California. Good morning, Rebecca.
1:52.0	It's 4.30 a.m. on the morning of September 8, 2021.
	...

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