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Reminds me of the rise and fall of Enron. Endless puff pieces about how amazing Ken Lay is and how they're revolutionizing the energy industry until a few repo
by saryant 11y ago
Reminds me of the rise and fall of Enron. Endless puff pieces about how amazing Ken Lay is and how they're revolutionizing the energy industry until a few reporters actually looked at their financials and published their concerns.
Enron was dead eight months later.
Substitute Lay for Holmes, financial fraud for medical concerns and that WSJ article on Theranos for Fortune's Is Enron Overpriced? and there you go.