Testimony by a DeVos family asset manager explains how Holmes and Theranos flattered and lied their way to a $100MM investment. Other billionaires, like the Walton's, invested even more!
We know, at this point, what a house of bullshit cards Theranos was — more shocking is that people like the DeVos have asset managers who are afraid to ask too many questions! — Read the rest
Elizabeth Holmes, the founder of blood-testing startup Theranos, is on trial charged with fraud related to the company's collapse. But here's something to like about her: she allegedly screwed Trump education secretary Betsy DeVos out of $100m along the way.
Former Education Secretary Betsy DeVos was given false and misleading information before investing $100 million into Theranos, whose founder and former CEO is on trial for allegedly defrauding investors and patients about the company's blood-testing technology, a representative for the DeVos family office said.
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From The Nation:
From May to September 2017, the DOE's Office of Civil Rights partnered with National Coalition for Men Carolinas (NCFMC), Families Advocating for Campus Equality (FACE), and Stop Abusive and Violent Environments (SAVE) to develop regulations on campus sexual assault.
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Betsy DeVos is the religious fanatic whose access to two unearned fortunes — one from the Amway Ponzi scheme, founded by her husband's father; the other from her own father's machining business — has allowed her to project her ideas about eliminating secular public education in favor of Christian indoctrination schools over millions of peoples' lives, especially the lives of poor people.
Corinthian Colleges, Inc. was yet another for-profit university that screwed over hundreds of thousands of people with pyramid schemes that promised a higher education at the end of some labyrinthine maze. The company filed for bankruptcy in 2015, and the U.S. — Read the rest
Betsy DeVos used personal email accounts for her government work as the Secretary of Education in 'limited' cases, the Inspector General said. The report also found DeVos did not consistently preserve her government-related email messages properly, as is required by federal law.
This week inherited wealthy person and Secretary of Education Betsy DeVos tried to cut all Federal funding to the Special Olympics. — Read the rest
Last night Carla and I attended a screening for an upcoming National Geographic documentary called Science Fair, about the International Science and Engineering Fair. It's a terrific movie about smart young scientists from around the world. One thing I learned watching it is that students in Germany pay almost nothing to attend college. — Read the rest
Kate "McMansion Hell" Wagner is carrying $42,000 in student debt; heiress Betsy "Marie Antoinette" DeVos is the anti-public-school advocate whom Donald Trump put in charge of the nation's public schools, and one of her first official acts was to end the rules limiting sleazy student debt-collection tactics, even as Trump was ending debt relief for students defrauded by diploma mills (like, say, Trump University).
Billionaire Education Secretary Betsy DeVos is busy making sure student debt destroys the future of millions of young people. The last thing she needs to worry about is ordering her servants to retrieve one of her family's 10 yachts that some bad person set adrift. — Read the rest
The "State Policy Network" is a coalition of 66 far-right organizations who've been given $80M by a small number of billionaires, including the Walton family (heirs to the Walmart fortune), the Koch Brothers, and Betsy DeVos; they're terrified of the teachers' uprising, in which wildcat strikes have raced across America because teachers whose unions were neutralized have been put on starvation wages in underfunded facilities. — Read the rest
Education Secretary Betsy DeVos, whose life's work is to take funds out of public education and give it to private religious charter schools, struggled to explain her philosophy on 60 Minutes last night. It was a funny journey into the exciting new mode of conservative thinking that everyone's talking about. — Read the rest
Erik Prince is the creepy-rich war criminal/ex-CIA agent who founded Blackwater and put John Ashcroft in charge of its ethics department (no, seriously), whose rap-sheet includes reckless, corrupt, murderous, genocidal violence, conducted with near-total impunity.
Candice Jackson, Betsy DeVos' appointee to help lead the Department of Education's Office of Civil Rights, opposes affirmative action and claims to herself have been victimized by 'anti-white discrimination.'
TPM has the story:
Candice Jackson was tapped to serve as the deputy assistant secretary for the Office of Civil Rights, a position that does not require Senate confirmation.
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Education secretary (and Ponzi-scheme billionaire heiress, anti-public-education crusader, and sister of notorious war criminal Eric Prince) Betsy DeVos just killed the recent Department of Education/Consumer Financial Protection Bureau guidelines that banned dirty bill-collectors from going after people with delinquent student bans. — Read the rest
Another day, another grim historical first for America. The Senate just confirmed Betsy DeVos as education secretary after a 'historic tiebreaking vote' from Vice President Mike Pence.
Both DeVos and Pence are fans of widely discredited LGBT 'conversion therapy,' a damaging and inhumane bullshit practice we'll probably see a lot more of now, along with guns in schools to protect kids from grizzly bears and jihadists. — Read the rest
Eli Broad is a billionaire who's made major donations to both the GOP and Democrats to push for charter schools, and his Broad Foundation has spent millions lobbying for public funds to go to private schools ("school choice"); but even he thinks that charter school advocate/ponzi scheme billionaire/Christian warrior/plagiarist/sister of war criminal Erik Prince/latter-day Marie Antoinette/convicted election fraudster, Betsy DeVos is unqualified to serve as Secretary of Education, a role that Donald Trump has selected for her. — Read the rest
Convicted election fraudster and public education opponent Betsy Devos made her billions through hard work — really, you can't overstate the effort required to emerge from the loins of someone who married a rich guy, nor the work of later marrying someone else who emerged from the loins someone who married a rich guy.
Back in June, Erik Prince — founder of the notorious private military contracting corporation behind the Nisour Square massacre, brother of former education secretary Betsy DeVos, and son of the MLM pioneer Edgar Prince — announced his latest business venture on Steve Bannon's radio show: a standalone mobile device called Unplugged, designed to allow "patriots to communicate securely." — Read the rest
Elizabeth Holmes, the founder and CEO of blood-testing startup Theranos, was found guilty of four charges of fraud Monday at the culmination of a long and complex trial. She was acquitted on four other counts and jurors could not agree on three more. — Read the rest
