4 ms·

My question is why isn't Elizabeth Holmes in prison? She is a disgrace. And I was a huge fan of hers (I thought she would be a good role model for my daughter)

My question is why isn't Elizabeth Holmes in prison? She is a disgrace. And I was a huge fan of hers (I thought she would be a good role model for my daughter) before her crimes came to light.

georgeecollins 9y ago
In case you were in a coma 2008-2009, the US justice system likes to settle with corporations, but almost never actually tries to convict white collar criminals. Here is a whole book subtitled "Why the justice department fails to prosecute executives." https://www.amazon.com/dp/B06XBZFQR2/ref=dp-kindle-redirect?_encoding=UTF8&btkr=1 https://www.amazon.com/dp/B06XBZFQR2/ref=dp-kindle-redirect?... It is very well reviewed.
- futun 9y ago
  Exactly this. White collar crime is typically punishable by a fraction of one's winnings -- if it is even stopped at all. In other words, white collar crime is an attractive business model.
- CalChris 9y ago
  Well, the book didn't get out of the first sentence for me. > each a realm unto itself, run by a US Attorney who is almost untouchable by headquarters in faraway DC. In fact, each US Attorney can be fired at will by the President. At will and not for cause. The Fed Chair can be fired but only for cause. This leads to US Attorneys living in a very political world. They are politically appointed (Chris Christie), Senatorially confirmed (Jeff Sessions USAG) and politically removed (George W Bush). So defendants who are politically connected are not going to get prosecuted and that's that.
  - 24gttghh 9y ago
    When was GWB a US Attorney? Or are you referring to this[0]? [0]https://en.wikipedia.org/wiki/Dismissal_of_U.S._attorneys_controversy https://en.wikipedia.org/wiki/Dismissal_of_U.S._attorneys_co...
- ansible 9y ago
  I've got a friend that puts much stock in the interviews that CEOs give on the financial TV networks. He keeps insisting that the CEOs on these shows rarely lie, because they would otherwise go to jail or otherwise get sued by their investors. I'm not so sure...
hsod 9y ago
Which crimes?
deleted 9y ago
[deleted]

My question is why isn't Elizabeth Holmes in prison? She is a disgrace. And I was a huge fan of hers (I thought she would be a good role model for my daughter) before her crimes came to light.

georgeecollins 9y ago

In case you were in a coma 2008-2009, the US justice system likes to settle with corporations, but almost never actually tries to convict white collar criminals. Here is a whole book subtitled "Why the justice department fails to prosecute executives." https://www.amazon.com/dp/B06XBZFQR2/ref=dp-kindle-redirect?_encoding=UTF8&btkr=1 https://www.amazon.com/dp/B06XBZFQR2/ref=dp-kindle-redirect?... It is very well reviewed.

futun 9y ago
Exactly this. White collar crime is typically punishable by a fraction of one's winnings -- if it is even stopped at all. In other words, white collar crime is an attractive business model.
CalChris 9y ago
Well, the book didn't get out of the first sentence for me. > each a realm unto itself, run by a US Attorney who is almost untouchable by headquarters in faraway DC. In fact, each US Attorney can be fired at will by the President. At will and not for cause. The Fed Chair can be fired but only for cause. This leads to US Attorneys living in a very political world. They are politically appointed (Chris Christie), Senatorially confirmed (Jeff Sessions USAG) and politically removed (George W Bush). So defendants who are politically connected are not going to get prosecuted and that's that.
- 24gttghh 9y ago
  When was GWB a US Attorney? Or are you referring to this[0]? [0]https://en.wikipedia.org/wiki/Dismissal_of_U.S._attorneys_controversy https://en.wikipedia.org/wiki/Dismissal_of_U.S._attorneys_co...
ansible 9y ago
I've got a friend that puts much stock in the interviews that CEOs give on the financial TV networks. He keeps insisting that the CEOs on these shows rarely lie, because they would otherwise go to jail or otherwise get sued by their investors. I'm not so sure...

hsod 9y ago

Which crimes?

deleted 9y ago

[deleted]