Really? What if your family member died because of inaccuracy of Theranos' results? Would you still cheer for them?
This whole article is extremely damning. Some stuff just makes your head spin:
>Carmen Washington, a nurse who worked at a clinic owned by Walgreens in Phoenix, says she began to question Theranos’s accuracy after seeing abnormal results in potassium and thyroid tests.
>She says she raised her concerns with the drugstore operator and Theranos’s lab director, asking for data to show that the company’s finger-prick testing procedures produced results as accurate as blood drawn from a vein.
>“They were never able to produce them,” she says. Ms. King says the company did show detailed testing-accuracy data to the nurse.
Anyway, if you ever need any tests done, stay away from Theranos.
Depends on what you mean by "make it". Banks quite often convince people to by into funds they know won't perform. They "make it" in terms of fees, but I don't find it very admirable.
>Banks quite often convince people to by into funds they know won't perform
Please provide an example where a bank "convinced" people to buy something it "knew" wouldn't perform. That would be fraud. I'm sure it occurs, but certainly not "quite often".
And, no, Goldman Sachs going short securities it sold as a market-maker isn't an example of such.