Holmes also promoted a feminist vision of empowering women in tech in an official statement expressing her pleasure at being included as an Obama PAGE [emphasis mine]:
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Later that same year, Holmes was held up as a paragon of business and virtue by the Clintons, who hosted Holmes and Chinese businessman Jack Ma for a long discussion about “The Future of Equality and Opportunity” at their annual CGI meeting in September. (Holmes also helped to host a fundraiser for Hillary Clinton in March 2016, several months after the first allegations of her and her company's dishonest behavior surfaced.)
Holmes’s downfall began when The Wall Street Journal published an October 16th exposé detailing potential problems with Theranos’s claims about its blood-testing machines. Although Holmes and her company initially trashed the piece as being “factually and scientifically erroneous and grounded in baseless assertions by inexperienced and disgruntled former employees and industry incumbents,” Theranos ultimately had to retract or correct tens of thousands of medical test results that came from the firm’s machines, and the SEC began its long investigation of Holmes's conduct as Theranos's CEO.
CEO Charged With Multi-Million Dollar Fraud Was an Obama 'Ambassador for Global Entrepreneurship'
and Progressives think all the criminals are employed by Trump
Today I was honored and privileged to join President Barack Obama and Secretary of Commerce, Penny Pritzker, for an event announcing the next class of their Presidential Ambassadors for Global Entrepreneurship (PAGE) Initiative. As a new PAGE member, I will work to help develop the next generation of entrepreneurs and entrepreneurial impact around the world, with a special focus on women and healthcare.
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Later that same year, Holmes was held up as a paragon of business and virtue by the Clintons, who hosted Holmes and Chinese businessman Jack Ma for a long discussion about “The Future of Equality and Opportunity” at their annual CGI meeting in September. (Holmes also helped to host a fundraiser for Hillary Clinton in March 2016, several months after the first allegations of her and her company's dishonest behavior surfaced.)
Holmes’s downfall began when The Wall Street Journal published an October 16th exposé detailing potential problems with Theranos’s claims about its blood-testing machines. Although Holmes and her company initially trashed the piece as being “factually and scientifically erroneous and grounded in baseless assertions by inexperienced and disgruntled former employees and industry incumbents,” Theranos ultimately had to retract or correct tens of thousands of medical test results that came from the firm’s machines, and the SEC began its long investigation of Holmes's conduct as Theranos's CEO.
CEO Charged With Multi-Million Dollar Fraud Was an Obama 'Ambassador for Global Entrepreneurship'
and Progressives think all the criminals are employed by Trump