Forbidden Universe

General Category => Domestic & World News => Topic started by: AngelOfThyNight on November 07, 2021, 05:30:48 PM

Title: Silicon Valley isn't on trial in this case. Classic fraud is
Post by: AngelOfThyNight on November 07, 2021, 05:30:48 PM
Silicon Valley isn't on trial in this case. Classic fraud is

As the Elizabeth Holmes trial unfolds, the audacity of the alleged scheme becomes clearer by the day. The purported lies are big, the sums of money staggering, the boldface names riveting. But perhaps what is most remarkable about the case is how unremarkable it is as a legal matter. Many have suggested that the culture of Silicon Valley is on trial — the infamous "fake it 'till you make it" ethos of founders. But the trial is really about classic fraud, just in a glossy form and a high-tech context.



Source: Silicon Valley isn't on trial in this case. Classic fraud is (http://rss.cnn.com/~r/rss/cnn_topstories/~3/SSKt8En1tFM/index.html)