3min chapter

Against the Rules with Michael Lewis cover image

On Background: White-Collar Crime and Punishment

Against the Rules with Michael Lewis

CHAPTER

Theranos

I wish the entire team would have spent a month with us, I'll say our first month of HBS. If I gave them a month of what I call the basics and then they went ahead and did what's alleged, then I know which story it is. But to the extent that they were genuinely so ignorant, there's a cost associated with that. So if you're a betting man, you're betting he's going to jail for a long time. I'm betting he will be in prison for a while. Can you think of another white collar case like this?

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