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Elizabeth Holmes
Elizabeth Anne Holmes (born February 3, 1984) is an American biotechnology entrepreneur who was convicted of fraud in connection with her blood-testing company, Theranos. The company's valuation soared after it claimed to have revolutionized blood testing by developing methods that needed only very small volumes of blood, such as from a fingerprick. In 2015, ''Forbes'' had named Holmes the youngest and wealthiest self-made female billionaire in the United States on the basis of a $9-billion valuation of her company. In the following year, as revelations of fraud about Theranos's claims began to surface, ''Forbes'' revised its estimate of Holmes's net worth to zero, and '' Fortune'' named her in its feature article on "The World's 19 Most Disappointing Leaders". The decline of Theranos began in 2015, when a series of journalistic and regulatory investigations revealed doubts about the company's claims and whether Holmes had misled investors and the government. In 2018, the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fortune (magazine)
''Fortune'' (stylized in all caps) is an American global business magazine headquartered in New York City. It is published by Fortune Media Group Holdings, a global business media company. The publication was founded by Henry Luce in 1929. The magazine competes with ''Forbes'' and '' Bloomberg Businessweek'' in the national business magazine category and distinguishes itself with long, in-depth feature articles. The magazine regularly publishes ranked lists including ranking companies by revenue such as in the ''Fortune'' 500 that it has published annually since 1955, and in the ''Fortune'' Global 500. The magazine is also known for its annual ''Fortune Investor's Guide''. History ''Fortune'' was founded by ''Time'' magazine co-founder Henry Luce in 1929, who declared it as "the Ideal Super-Class Magazine", a "distinguished and de luxe" publication "vividly portraying, interpreting and recording the Industrial Civilization". Briton Hadden, Luce's business partner, was no ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Enron Scandal
The Enron scandal was an accounting scandal sparked by American energy company Enron, Enron Corporation filing for bankruptcy after news of widespread internal fraud became public in October 2001, which led to the dissolution of its accounting firm, Arthur Andersen, previously one of the Big Four auditors, five largest in the world. The Bankruptcy in the United States#Largest bankruptcies, largest bankruptcy reorganization in U.S. history at that time, Enron was cited as the biggest audit failure. Enron was formed in 1985 by Kenneth Lay after merging Houston Natural Gas and InterNorth. Several years later, when Jeffrey Skilling was hired, Lay developed a staff of executives that – by the use of accounting loopholes, the misuse of mark-to-market accounting, special purpose entity, special purpose entities, and poor financial reporting – were able to hide billions of dollars in debt from failed deals and projects. Chief Financial Officer Andrew Fastow and other executives misl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Enron
Enron Corporation was an American Energy development, energy, Commodity, commodities, and services company based in Houston, Texas. It was led by Kenneth Lay and developed in 1985 via a merger between Houston Natural Gas and InterNorth, both relatively small regional companies at the time of the merger. Before its bankruptcy on December 2, 2001, Enron employed approximately 20,600 staff and was a major electricity, natural gas, communications, and pulp and paper industry, pulp and paper company, with claimed revenues of nearly $101 billion during 2000. ''Fortune (magazine), Fortune'' named Enron "America's Most Innovative Company" for six consecutive years. At the end of 2001, it was revealed that Enron's reported financial condition was sustained by an institutionalized, systematic, and creatively planned accounting scandals, accounting fraud, known since as the Enron scandal. Enron became synonymous with willful, institutional fraud and systemic Corporate crime, corruptio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cabinet Of The United States
The Cabinet of the United States is the principal official advisory body to the president of the United States. The Cabinet generally meets with the president in Cabinet Room (White House), a room adjacent to the Oval Office in the West Wing of the White House. The president chairs the meetings but is not formally a member of the Cabinet. The Vice President of the United States, vice president of the United States serves in the Cabinet by statute. The heads of departments, appointed by the president and confirmed by the United States Senate, Senate, are members of the Cabinet, and acting department heads also participate in Cabinet meetings whether or not they have been officially nominated for Senate confirmation. Members of the Cabinet are political appointees and administratively operate their departments. As appointed officers heading federal agencies, these Cabinet secretaries are executives with full administrative control over their respective departments. The president ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Betsy DeVos
Elisabeth Dee DeVos ( ; ' Prince; born January 8, 1958) is an American politician, philanthropist, and former government official who served as the 11th United States Secretary of Education, United States secretary of education from 2017 to 2021. DeVos is known for her conservative political activism, and particularly her support for school choice, school voucher programs, and charter schools. She was Republican National Committee, Republican national committeewoman for Michigan from 1992 to 1997 and served as chair of the Michigan Republican Party from 1996 to 2000, and again from 2003 to 2005. She has advocated for the Detroit charter school system and she is a former member of the board of the Foundation for Excellence in Education. She has served as chair of the board of the Alliance for School Choice and the Acton Institute and headed the All Children Matter political action committee, PAC. DeVos is married to former Amway CEO Dick DeVos. Her brother, Erik Prince, a former U ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James Mattis
James Norman Mattis (born September 8, 1950) is an American military officer who served as the 26th United States secretary of defense from 2017 to 2019. A retired Marine Corps four-star general, he commanded forces in the Persian Gulf War, the War in Afghanistan, and the Iraq War. Mattis was commissioned in the Marine Corps through the Naval Reserve Officers' Training Corps after graduating from Central Washington University. A career Marine, he gained a reputation among his peers for intellectualism and eventually advanced to the rank of general. From 2007 to 2010, he commanded the United States Joint Forces Command and concurrently served as NATO's Supreme Allied Commander Transformation. He was commander of United States Central Command from 2010 to 2013, with Admiral Bob Harward serving as his deputy commander. After retiring from the military, Mattis held several private sector roles, including serving on the board of directors at Theranos. Mattis was nominated as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
George Shultz
George Pratt Shultz ( ; December 13, 1920February 6, 2021) was an American economist, businessman, diplomat and statesman. He served in various positions under two different Republican presidents and is one of the only two persons to have held four different Cabinet-level posts, the other being Elliot Richardson. Shultz played a major role in shaping the foreign policy of the Ronald Reagan administration, and conservative foreign policy thought thereafter. Born in New York City, he graduated from Princeton University before serving in the United States Marine Corps during World War II. After the war, Shultz earned a PhD in industrial economics from the Massachusetts Institute of Technology (MIT). He taught at MIT from 1948 to 1957, taking a leave of absence in 1955 to take a position on President Dwight D. Eisenhower's Council of Economic Advisers. After serving as dean of the University of Chicago Graduate School of Business, he accepted President Richard Nixon's appointme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Henry Kissinger
Henry Alfred Kissinger (May 27, 1923 – November 29, 2023) was an American diplomat and political scientist who served as the 56th United States secretary of state from 1973 to 1977 and the 7th National Security Advisor (United States), national security advisor from 1969 to 1975, serving under presidents Richard Nixon and Gerald Ford. Born in Germany, Kissinger emigrated to the United States in 1938 as a Emigration of Jews from Nazi Germany and German-occupied Europe, Jewish refugee fleeing Nazi persecution. He served in the U.S. Army during World War II. After the war, he attended Harvard University, where he excelled academically. He later became a professor of government at the university and earned an international reputation as an expert on nuclear weapons and foreign policy. He acted as a consultant to government agencies, think tanks, and the presidential campaigns of Nelson Rockefeller and Nixon before being appointed as national security advisor and later secretary o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Acquittal
In common law jurisdictions, an acquittal means that the criminal prosecution has failed to prove that the accused is guilty beyond a reasonable doubt of the charge presented. It certifies that the accused is free from the charge of an offense, as far as criminal law is concerned. The finality of an acquittal is dependent on the jurisdiction. In some countries, such as the United States, an acquittal prohibits the Double jeopardy, retrial of the accused for the same offense, even if new Evidence (law), evidence surfaces that further implicates the accused. The effect of an acquittal on criminal proceedings is the same whether it results from a jury verdict or results from the operation of some other rule that discharges the accused. In other countries, like Australia, Canada and the UK, the prosecuting authority may appeal an acquittal similar to how a defendant may appeal a conviction — but usually only if new and compelling evidence comes to light or the accused has int ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States V
United may refer to: Places * United, Pennsylvania, an unincorporated community * United, West Virginia, an unincorporated community Arts and entertainment Films * ''United'' (2003 film), a Norwegian film * ''United'' (2011 film), a BBC Two film * ''The United'' (film), an unreleased Arabic-language film Literature * ''United!'' (novel), a 1973 children's novel by Michael Hardcastle Music * United (band), Japanese thrash metal band formed in 1981 Albums * ''United'' (Commodores album), 1986 * ''United'' (Dream Evil album), 2006 * ''United'' (Marvin Gaye and Tammi Terrell album), 1967 * ''United'' (Marian Gold album), 1996 * ''United'' (Phoenix album), 2000 * ''United'' (Woody Shaw album), 1981 Songs * "United" (Judas Priest song), 1980 * "United" (Prince Ital Joe and Marky Mark song), 1994 * "United" (Robbie Williams song), 2000 * "United", a song by Danish duo Nik & Jay featuring Lisa Rowe * "United (Who We Are)", a song by XO-IQ, featured in the television se ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Grand Jury
Grand juries in the United States are groups of citizens empowered by United States federal or state law to conduct legal proceedings, chiefly investigating potential criminal conduct and determining whether criminal charges should be brought. Like the jury system as a whole, grand juries originated in England and spread throughout the colonies of the British Empire as part of the English common law system. Today, the United States is one of only two jurisdictions, along with Liberia, that continues to use the grand jury to screen criminal indictments. Japan also uses the system similar to civil grand juries used by some U.S. states to investigate corruption and other more systemic issues. As of 1971, generally speaking, a grand jury may issue an indictment for a crime, also known as a "true bill," only if it verifies that those presenting had probable cause to believe that a crime has been committed by a criminal suspect. Unlike a petit jury, which resolves a particular civil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
