Friday Jan 28, 2022
Episode 38 - The Elizabeth Holmes Trial - What was right & wrong. How much time will she do & how screwed is Sunny
The I Hung Up On Warren Buffett podcast returns this week to cover a special topic with two special guests, already familiar to some of our regular listeners. Our panel today features Prof. Frank Partnoy and Soren Aandahl. Professor Partnory helps to mold future lawyers at Berkeley Law, while Soren is a reformed lawyer turned activist short. Together with The Pack, we dig into the fun and fraud of the founding first executive at the company formerly known as Theranos.
Elizabeth Holmes was convicted on 4 of 11 the charges leveled at her, perhaps surprising no one other than herself and her newly minted baby-daddy. We ask our two experts where the trial was done right, and where they think there may have been missteps by both prosecution and defense.
Did Elizabeth Holmes convince the jury that she was victimized? Did the prosecution get a real win that will have a lasting impact on corporate law and help deter corporate crime? We also cover the yet pending prosecutions of her peers and discuss how much jail time Elizabeth Holmes and the others will do in stripes at federal tennis camp for former executives.
Sit Back have a drink and see who will win some tacos.
Books by Prof Partnoy
Fiasco: The Inside Story of a Wall Street Trader
The Match King: Ivar Kreuger, the Financial Genius Behind a Century of Wall Street Scandals
Wait: The Art and Science of Delay
The Activist Manifesto
Infectious Greed: How Deceit and Risk Corrupted the Financial Markets