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Showing posts from March, 2023

The Front Page of Scams

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  As you can see from the image above, there are four pictures that are all related to financial scams, scandals, and big losses. The irony here is that Forbes and many other magazines have awarded these people and given them a lot of respect   1st picture (top left) belongs to Elizabeth Holmes who founded Theranos and was world's youngest self-made female billionaire", trumpeted Forbes magazine. The "next Steve Jobs", said Inc, another business magazine that put her on the cover. With a few drops of blood, Theranos promised that its Edison test could detect conditions such as cancer and diabetes quickly without the hassle of needles. But by 2015, the seams were coming apart, and within a year, Holmes was exposed as a fake. The technology she touted didn't work at all, and by 2018 the company she founded had collapsed.   2nd picture(top right) belongs to The Former CEO of FTX Sam Bankman who is an MIT graduate student has mentioned in his recent state...