Hacker News Reader

Doesn't the buck stop with the CEO ? or are we going to look the other way because she is playing the "Pregnant Woman Victim" card and the "Brown Man bad" card. I hope she gets the same sentence as he did. But you never know. She took all the glory and limelight as the CEO and now it is time to suffer the consequences of the fraud as well.

View on HN

Plausible deniability is a thing. The CEO isn't going to be responsible if, say, some low-level employee is doing insider trading. Obviously not the case here, but it is still possible that Elizabeth Holmes and Balwani are both guilty of different things, and the latter incriminated himself more in the process.

Doesn't the buck stop with the CEO?

Most big companies I’ve worked in the entire C-suite has their own fiefdoms.

The CEO has direct reports in their C-levels, but the C-levels “own” their own orgs that the CEO isn’t as close to.

The relationship between a CEO and a COO is much closer to a equal relationship than a boss and subordinate.

Reply on news.ycombinator.com