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But we can be very surprised at the disparity in treatment between Theranos execs, who got off scott free, and Pharma Bro, who made all his investors whole and still got prison.

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Holmes and Balwani still under criminal investigation per last report. We don’t know they yet if they’re going to get off scot free.

Pharma Bro needs to go to prison to stop the next arrogant idiot who thinks he can dig himself out of a hole from attempting to do so.

That he actually managed to is great — for his investors — but it’s not a course of action society wants to promote.

It was pretty much the stock equivalent of check kiting. If you've got enough money coming in, you can often fill accounts before the checks clear and steal nothing; the reason it's illegal is that you're hiding risks by claiming to have the money in hand.

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