Introduction of presenters and overview of what we are going to present

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Outline

Theranos/Elizabeth Holmes: Willful Blindness or Fraud?

 

Thesis: How does a 19-year-old Stanford drop-out with an interesting medical concept and a charming story be crowned Silicon Valley’s first female unicorn and creates a company valued at $9 billion?

Introduction of presenters and overview of what we are going to present. (A).

Willful blindness is seeing only those things we want to see while consciously avoiding those things we don’t want to see, at our own peril and at the peril of others. (A)

The reasons we don’t allow ourselves to see what we should see are psychological, social and structural.

Psychological (fears, blind spots, brain overload)

Social (unconscious biases, comfort zones, conformity)

Structural (hierarchical, authoritative, justification)

The legal system views willful blindness as an attempt to avoid civil or criminal liability for a wrongful act by intentionally putting oneself in a position to be ignorant of the facts.

Historical legal view

Willful blindness vs Fraud

Current legal view

The dangers of willful blindness include economic loss, impaired reputations, public humiliation, civil/criminal liability, illness and even death.

Cults

Health Care

Business, Banking & Investing

Recognizing willful blindness goes hand-in-hand with establishing steps to remove it.

Transparency

Self-Awareness (willful awareness)

Skepticism

Ethical Leadership

Comment by Waad:

Background and History  (B)

Background of  Elizabeth Holmes

Background & Family

Personal Traits

First Female Steve Jobs

Reminiscent of Steve Jobs (black turtlenecks)

Both have life changing innovative ideas.

They are both college dropouts

They have/had a very hands on management approach and very secretive

Their companies are their lives

Similarly recognized by the media

B. Brief history of Silicon Valley

Silicon Valley economy

Definition of unicorn mania concept

Tech Unicorn – Startup company valued over 1 Billion

 

Company Foundation (C)

Promising Medical breakthrough

Promising medical breakthrough or ambiguous medical breakthrough

Blood testing technology had potential to revolutionize the medical field

Quick and convenient

Shift some trust from doctors to patients (giving patients some control over their diagnosis.

Inexpensive

Saves lives

Access to third world countries

Can test anything from cholesterol to cancer

If this had worked it would have worked well, would have been a big success, hence the promise

Near perfect Packaging – Silicon Valley and Enablers

Different rules that apply to Silicon Valley Companies

Washington Post “we need to allow entrepreneurs to take risk and break some rules so that they can do their magic thus invent life changing things.”

However they should not break the ethical rules – Theranos/Ms Holmes did

New technologies and regulatory loopholes

Silicon valley is a free zone and enablers (powerful authoritative figures) do not understand what is going on – generation gap- hence they become enablers. A smart (maybe not so smart) 19 year old talking to people in their 50s

Layers of optimism (Lies)

Ms. Holmes state of mind

How much she buys into her mission and idea

Her own willful blindness / escalation of commitment theory

She can’t see her own failures so she digs in her own heels

Enablers and World’s optimism

Society wants to move forward and in light of a promising innovation people will jump on the bandwagon.

 

IV. Enablers (D)

Board of Directors

A dozen white elderly men with no background in healthcare or technology

Different description from Therano’s spokesman and actual BOD background and poor governance

Parent Support and connection

Parents in public service

Her Tuition money and parents’ retirement funds

Holmes’s father’s friend

Partners/Investors/Media

The First and direct to customer retail partner – Walgreens

Hoped to follow to growth of the hottest unicorns when announcing partnership with Theranos in more than 8000 stores in 2013

Walgreen halt any expansion of Theranos wellness center and stopped testing after federal regulators warned and refused to send collect samples to California lab.

Distance itself from this blindness and threaten to end the relationship

Walgreens cautiously getting out of this blindness but tie to contracts and damage to its own reputation.

Pump and dump venture capitalists

Top 10% VC generate 10 times greater than average in Silicon Valley and life science investors almost had at least PhD or MD degree

Google Venture turned down Therano twice because of “so much hand-waving” and need to validate its diagnostic technology

No strong peer reviewed publication and lack of experience in health care

Tim Draper, first million Venture Capitalist known MS Holmes since her childhood

Holmes’s father’s friend introduced Don Lucas who invested in Oracle later on

Free advertising when Holmes face is all over media’s covers

Next Female Steve Jobs; Beautiful and perfect white tech woman

Shots in black and white with her hair up, black turtleneck favored,

After False positives, media began using the worst Holmes phone they could ever find

Subject of a US Criminal Probe title with anger tone

White House

Speak on panels with Bill Clinton; Ted talks; named as global ambassador

Joe Biden appear at Theranos facilities and press conference with Ms. Holmes about future of personal healthcare

Voluntarily stepped down from the Obama administration’s entrepreneurial PAGE program

 

V. Current Status of Theranos/Elizabeth Holmes (E)

After Wall Street Journal published the deeply critical piece of Theranos, Theranos has experienced a rapid fall from grace — with serious scrutiny (and some damaging allegations) coming from the media, the government and the company’s business partners.

 Regulators

The FDA (US Food and Drug Administration) released inspection reports that are critical of Theranos’ device classification, internal recordkeeping and lab protocols.

The CMS (Centers for Medical and Medicaid Services Certification) released a report which detailed a numbers of deficiencies with Theranos procedures and testing results.

Theranos is under criminal investigation by federal prosecutors and SEC

The CMS also revoked the license of its blood-testing facility and banned Elizabeth for owning and operating the lab for two years.

Partners/Investors/Media

Google Ventures stopped investing in Theranos.

Walgreen terminated the partnership with Theranos.

Theranos‘s potential $350 million deal with Safeway fizzled out.

Forbes downgraded Theranos from $9 billion to $800 million and alleged Elizabeth for nothing.

Layoffs & Lawsuits

Theranos fired 340 employees and shut down its clinical lab while changing its focus to minilab.

Theranos was sued by Partner Fund Management, which was one of the biggest investor of Theranos.

Theranos faces at least eight lawsuits filed in federal courts in California and Arizona by patients who claim that faulty blood tests led to heart attacks or other issues.

 

 

Summary of what we presented. (A).

Judaism

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REL212 WORLD VIEW CHART
This chart contains all the research you need to write the final paper for this course. If you do the research and reading on the religion(s) we study each week, and if you give yourself a good guide to the religions using this chart, you will have a good foundation for that final paper. The more information you provide for yourself with this chart, the easier it will be to write your final paper. Do not forget to provide adequate material for any in-text citations and be sure to include a reference page as well.

 

Complete and submit the following worksheet. Provide citations for any source(s) you used to explain or provide examples for in your research. List in APA Style full references for any in-text citations and source(s) made in the above chart.
Student Name: Deanene Taylor
RELIGION(S) OF THE WEEK Provide your response in this column.
· State the name of the Religion being addressed in this chart.

· Please address ONLY ONE (1) religion per chart.

 Judaism
ORIGIN OF ALL THINGS Provide your response in this column.
· State the creation story that this religion uses to explain the creation of the universe. If you cannot identify a creation story for this religion, offer a suggestion as to why this religion may not have one.

· Back up your statement with explanation and/or example.

· You should have a minimum of 3 complete sentences when this is complete.

  
NATURE OF GOD/CREATOR Provide your response in this column.
· State the nature of the god(s) worshiped by this religion. If you cannot identify a god (or gods) for this religion, offer a suggestion as to why this religion may not have one.

· Back up your statement with explanation and/or example.

· You should have a minimum of 3 complete sentences when this is complete.

 

 

 

 

 

 

 

 

  
VIEW OF HUMAN NATURE Provide your response in this column.
· State how this religion views human beings.

· How are human beings viewed with regard to their characteristics and their place in the universe? If you cannot identify how this religion defines human beings, offer a suggestion as to why it doesn’t.

· Back up your statement with explanation and/or example.

· You should have a minimum of 3 complete sentences when this is complete.

 

 

  
VIEW OF GOOD & EVIL Provide your response in this column.
· State how this religion defines the concept of good and evil.

· Most religions encourage their adherents to be good and to shun evil. How does this religion define these terms for those who practice this religion? If you cannot identify how this religion defines good and evil, offer a suggestion as to why it doesn’t.

· Back up your statement with explanation and/or example.

· You should have a minimum of 3 complete sentences when this is complete.

 

 

  
VIEW OF SALVATION Provide your response in this column.
· All religions suggest that human beings are faced with a “problem” that needs to be overcome. What is the “problem” this religion identifies, and how does it suggest that we can overcome it? If you cannot identify how this religion defines the “problem,” or how to overcome it, offer a suggestion as to why it doesn’t.

· Back up your statement with explanation and/or example.

· You should have a minimum of 3 complete sentences when this is complete.

 

 

 .
VIEW OF AFTERLIFE Provide your response in this column.
· What does this religion teach about “what comes next” after all is said and done? For Eastern religions that teach reincarnation, this question is about what happens after moksha is attained. For Western religions, this question is about what happens when we die. If you cannot identify how this religion defines the afterlife, offer a suggestion as to why it doesn’t.

· Back up your statement with explanation and/or example.

· You should have a minimum of 3 complete sentences when this is complete.

 

 

 

  
PRACTICES AND RITUALS Provide your response in this column.
· How do members of this religion “practice” their “faith?”

· What ceremonies, or rituals, do they use to help pass this religion on to the next generation? If you cannot identify how this religion is practiced, offer a suggestion as to why it doesn’t have any rituals or practices.

· Back up your statement with explanation and/or example.

· You should have a minimum of 3 complete sentences when this is complete.

 

 

  

 
CELEBRATIONS AND FESTIVALS Provide your response in this column.
· Identify one or two celebrations and/or festivals that members of this religion use to express their beliefs in public, or in private.

· Name the festival(s) and give a short explanation of how it is observed. If you cannot identify any celebrations or festivals for this religion, offer a suggestion as to why it doesn’t have any.

· Back up your statement with explanation and/or example.

· You should have a minimum of 3 complete sentences when this is complete.

Era Of Good Feelings And Acquisitions

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Era of Good Feelings and Acquisitions

In this two-part discussion, you will need to address the questions of both sections listed below. The primary sources and videos included in the unit will be helpful for you as you answer the questions. Be sure to cite any material you use in answering the questions.

SECTION I:

Many changes happened over the period from the Era of Good Feelings to the Second Party System in 1833. Discuss each of the following (listed below) explaining the initial position, the changes that occurred over time and why, who advocated the change, and who opposed it.

American System (as treated by Congress under Madison and President Jackson’s approach). Indian Removal

SECTION II:

The U.S. acquired some territories through war and some peacefully. Describe the ways in which Texas became a slave state and California a free state. In what ways were their acquisitions different? How could Mexico interpret Manifest Destiny?

Your initial post should be an in-depth response that addresses all the questions and issues involved. After you make your initial posting, respond the posts of at least two of your classmates.

 

 

Lab Report For Music

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CONCERT REPORT INSTRUCTIONS

Fall 2016 History of Jazz, D. Jex

Attend a Jazz Performance on campus as recommended by the instructor.

Note on good manners: Don’t distract others while the music is playing.

Be an active listener and stay focused on the music and ‘in the moment’.

Silence and put away your cell phone.

Remember, many others around you are not from class; relax and enjoy yourself!

1. DURING THE PERFORMANCE

Print your name, date, and other items at the top of the report form clearly and legibly.

Fill in the blanks for each selection as you listen.

All blanks do not have to be completed, just the ones that seem appropriate and that you understand and can write as you listen to the music.

Typical answers to use:

· Tempo: slow, mod, fast

· Rhythm types: swing, rock, Latin, etc.

· Styles: Swing, Bop, Cool, Free, Fusion, other

· Things to include in the graph: order of solos and which instruments are featured, describe the ending, and other descriptive terms we use in class that you hear.

Remember to keep your program and/or ticket to turn in with your typed report. Having a performer sign your report is optional. If you do approach a performer, be polite and thank them for their performance. If Dr. Jex is there, have him sign your report AFTER the event is over.

2. AFTER THE PERFORMANCE

In addition to your program/receipt/ticket materials, a typed paper is required.

Minimum length is at least one complete page, double spaced, 12 Font. Prepare your report in good writing style and format.

At the top of your paper fill in:

1. Your Name

2. Date of the concert/event.

3. Place of the performance.

4. Names of performers, and the instrumentation [the instruments played].

5. Price you paid, if any, for admission.

Questions and topics to discuss in your paper:

· What aspects of this event made the music jazz? Where did you hear improvisation?

· What styles of jazz did you hear?

· Did any of the music remind you of selections from class?

· Did you know any of the songs played?

· What made an impression on you? What surprised you?

· What were your personal favorites from this event? Why?

· What did you dislike about this event? Why?

· What was the most memorable song? What music stayed in your memory?

All answers to the above questions should be individual and personal. ALWAYS DO YOUR OWN WORK!

Write your name on all your papers, and turn in your report with listening chart and typed paper within 10 days after the concert to Dr. Jex.