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A comment on We Shouldn’t Be Surprised at the Theranos Fraud. Parent comment

Re:We Shouldn’t Be Surprised at the Theranos Fraud by inetknght on Thursday June 07, 2018 @10:14AM (#17255877)
> who cares what the public thought about Theranos - the public didn't lose money here.

I beg to differ. Straight from the article:

> Some patients were rushed to a hospital on the basis of erroneous readings, only to be sent home when their blood was properly analyzed by the hospital. Even worse, Theranos was using brutal intimidation tactics against its own employees to stop the truth from coming out.

I don't know about your location but American citizens pay quite a premium for hospital care. Imagine the potential for crippling debt all because of a test result which should have been known to produce false positives.

That's definitely the public losing money here.

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Re:We Shouldn’t Be Surprised at the Theranos Fraud by edanm on Thursday June 07, 2018 @10:46AM (#17256182)
You're right - I stand corrected. I wasn't aware they'd gotten quite that far in actually deploying their product and (supposedly) testing people.
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Re:We Shouldn’t Be Surprised at the Theranos Fraud by inetknght on Thursday June 07, 2018 @12:23PM (#17257309)
That's rather the whole point of the Theranos drama. They had faked tests on real people. That repercussions for third parties (CVS/Walgreens comes to mind, you can easily search for the fallout from that), and all sorts of very not-fun stuff.
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