Fmr. Defense Sec. Mattis testifies he invested $85K in Theranos and ended up feeling 'disappointed.'
Brendan Smialowski / AFP - Getty Images fileFormer Defense Secretary General James Mattis testified on Wednesday that as a board member at Theranos he was “frankly amazed” at what was possible at first but later became disillusioned with the company.
“Looking back now I’m disappointed at the level of transparency from Ms. Holmes,” Mattis said, adding “we were being deprived of fundamental issues.” He said his first impression of the CEO was “sharp, articulate, committed,” but he was at first hesitant to accept Holmes’ invitation to join the board.
Other high-profile government figures on the board included former secretaries of state Henry Kissinger and George Shultz.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Elizabeth Holmes Trial: Jim Mattis Tells Jury He Came to Doubt Theranos Technology“There just came a point where I didn’t know what to believe about Theranos anymore.” Former Defense Secretary Jim Mattis told a jury he once believed in Elizabeth Holmes, but ultimately came to doubt her blood-testing technology.
Read more »
Elizabeth Holmes Trial: Jim Mattis Tells Jury He Came to Doubt Theranos Technology“There just came a point where I didn’t know what to believe about Theranos anymore.” Former Defense Secretary Jim Mattis told a jury he once believed in Elizabeth Holmes, but ultimately came to doubt her blood-testing technology.
Read more »
The Elizabeth Holmes Trial: Jurors Hear First Patient Testimony About Theranos Blood TestsA woman testified at the Elizabeth Holmes trial about receiving two Theranos blood tests indicating she was miscarrying, when she in fact still had a healthy pregnancy
Read more »
Michael Gandolfini felt connected to his dad after viewing ‘Sopranos’ prequelMichael Gandolfini described the moment he most felt the bond with his late father, James Gandolfini, as part of the 'Sopranos' prequel 'The Many Saints of Newark.'
Read more »
Elizabeth Holmes' private texts reveal she described herself as the 'best business person of the year'CNBC has obtained nearly 600 pages worth of text messages between former Theranos CEO Elizabeth Holmes and Sunny Balwani.
Read more »
Former US defense secretary testifies in Holmes fraud trialSAN JOSE, Calif. (AP) — Former U.S. Secretary of Defense James Mattis testified Wednesday in the trial of fallen tech star Elizabeth Holmes, saying the entrepreneur misled him into believing she was on the verge of rolling out a blood-testing breakthrough that he hoped would help save lives of troops in battle.
Read more »