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The optics of that deal might not look that good for the buyer though. Essentially you'd be buying a fraud.
by arbuge 9y ago
The optics of that deal might not look that good for the buyer though. Essentially you'd be buying a fraud.
- elliottcarlson 9y agoWould Fortress Inv. get the patents if the loan is defaulted on? And in that case, wouldn't they be buying from them instead of outright from Theranos?
- dhimes 9y agoI don't get how Holmes is still CEO. I really don't get that.
- untangle 9y agoProbably because the Board can't find anyone better to take over this sinking, toxic ship. Sometimes it's just that simple.
- rainieri 9y agoMaybe Shkreli when he comes back from jail.
- dragonwriter 9y ago> Probably because the Board can't find anyone better to take over this sinking, toxic ship. Well, not without paying them cash money that they don't have. I can't imagine anyone taking an equity-heavy compensation package.
- charlesdm 9y agoNo one capable is going to gamble away their career on this unless they'd be sure to end up with many millions in their bank account.