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Search resuls for: "State George Shultz"


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Kissinger's business dealings included close involvement with Theranos and Elizabeth Holmes. Once a board member at Theranos, he invested $3 million and recruited others who also opened up their wallets. AdvertisementFormer US Secretary of State Henry Kissinger's troubled legacy includes his involvement with failed blood-testing startup Theranos and its now-imprisoned founder, Elizabeth Holmes. Federal agencies ran investigations into Theranos, and in 2018, Holmes stepped down as CEO and the startup later shuttered. "When I was introduced to Elizabeth by George Shultz, her plan sounded like an undergraduate's dream," he wrote, referring to the former Secretary of State and Theranos board member.
Persons: Henry Kissinger, Theranos, Elizabeth Holmes, , Henry Kissinger's, Kissinger, State George Shultz, William Perry, Sam Nunn, Richard Kovacevich, William H, Daniel Mosley, Holmes, Cox, Walton, Elizabeth, George Shultz Organizations: Service, State, Wells, Wall Street, Federal Locations: Theranos, Connecticut, Silicon, Bryan , Texas
“You have a historical memory to call upon and you see the trust of American foreign policy and other foreign policy,” he said. “Anything that hurts America’s credibility, hurts America.”New York Times columnist William Safire praised the resignation. “In his final official act, Bernard Kalb rose above ‘State Department spokesman’ to become the spokesman for all Americans who respect and demand the truth,” Safire wrote. At CBS Marvin and Bernard were known as “The Kalbs,” but Bernard lived somewhat in the shadow of his younger brother. One widely circulated, but apocryphal, story had their mother calling the CBS foreign desk in New York and saying: “Hello, this is Marvin Kalb’s mother.
SAN JOSE, Calif., Nov 18 (Reuters) - A federal judge on Friday sentenced Theranos founder Elizabeth Holmes to 11 years and three months in prison for defrauding investors in her now-defunct blood-testing startup that was once valued at $9 billion. In San Jose, California, U.S. District Judge Edward Davila sentenced Holmes, 38, on three counts of investor fraud and one count of conspiracy after a jury convicted her last January following a trial spanning three months. The prosecution had recommended a sentence of 15 years in prison, while the defense had urged the judge to impose no prison time. The federal probation office had recommended a 9-year prison sentence, according to court papers. Before sentencing Holmes, Davila asked if any of her victims were in the courtroom.
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