As for surveillance cameras, they were everywhere. They were the kind with dark blue dome covers that kept you guessing about which way the lens was directed. All of this was ostensibly to protect trade secrets, but it\u2019s now clear that it was also a way for Holmes to cover up her lies about the state of Theranos\u2019s technology.<\/p><\/blockquote>\n\n\n\n
Holmes knew exactly what she was doing and she was firmly in control. When one former employee interviewed for a job at Theranos in the summer of 2011, he asked Holmes about the role of the company\u2019s board. She took offense at the question. \u201cThe board is just a placeholder,\u201d he recalls her saying. \u201cI make all the decisions here.\u201d Her annoyance was so palpable that he thought he\u2019d blown the interview. Two years later, Holmes made sure that the board would never be more than a placeholder. In December 2013, she forced through a resolution that assigned one hundred votes to every share she owned, giving her 99.7 percent of the voting rights. From that point on, the Theranos board couldn\u2019t even reach a quorum without Holmes. When he was later questioned about board deliberations in a deposition, George Shultz said, \u201cWe never took any votes at Theranos. It was pointless. Elizabeth was going to decide whatever she decided.\u201d This helps explain why the board never hired a law firm to conduct an independent investigation of what happened.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"
These highlights are from the Kindle version of Bad Blood: […]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":15162,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"yoast_head":"\n
"Bad Blood" Highlights<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n