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George Shultz

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Gender Male
Death2 years ago
Date of birth December 13,1920
Zodiac sign Sagittarius
Born New York
United States
Spouse Charlotte Mailliard Shultz
Helena Maria O'Brien
ChildrenKathleen Pratt Shultz Jorgensen
Peter Milton
Margaret Ann Tilsworth
Barbara Lennox Shultz White
Alexander Shultz
Movies/Shows Nuclear Tipping Point
See How They Run
Awards Rumford Prize
New Silk Road Award
DiedStanford
California
United States
Party Republican Party
Previous positionUnited States Secretary of State (1982–1989)
BooksLearning from Experience
Date of died February 6,2021
NationalityAmerican
Education Massachusetts Institute of Technology
Princeton University
Date of Reg.
Date of Upd.
ID848898
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George Shultz Life story


George Pratt Shultz was an American economist, businessman, diplomat and statesman. He served in various positions under two different Republican presidents and is one of the only two persons to have held four different Cabinet-level posts, the other being Elliot Richardson.

Theranos CEO Elizabeth Holmes begins 11-year prison sentence

May 30,2023 2:11 pm

By Bernd Debusmann JrBBC News, Washington

Disgraced Theranos founder Elizabeth Holmes has reported to the federal prison where she will serve an 11-year sentence.

Holmes, 39, was convicted early Last Year on four counts of fraud linked to her failed blood testing start-up.

In mid-May, a court rejected her request to remain free on bail while a challenge to the original conviction was considered.

She will serve her term in a minimum-security prison in Texas.

Holmes reported to the federal facility in Bryan, Texas, which holds between 500 and 700 inmates at any given time, on Tuesday.

It is about 100 miles (160km) north of Houston, her hometown. Her arrival at the facility was confirmed by the Federal Bureau of Prisons, which declined to give any more details about her confinement, citing privacy concerns.

There, The Woman once billed as The World 's youngest self-made billionaire will work alongside other inmates for between 12 cents (10p) and $1. 15 (93p) an hour - Much of which will go towards her court-mandated restitution payments to her victims.

Earlier this month a US judge ordered Holmes and her former romantic and business partner, ex-Theranos boss Ramesh " Sunny" Balwani to pay $452m (£364m) to victims.

Balwani is already serving a 13-year prison sentence in California for his role in the scheme.

Together, the pair are accused of duping some of The World 's richest and most prominent investors - including media tycoon Rupert Murdoch and former US Treasury Secretary George Shultz - into backing Theranos.

The Firm , once valued at $9bn, promised it had technology that could detect conditions such as diabetes with just a few drops of blood. The tech, however, never worked.

The Company finally collapsed in 2018.

Eileen Lupera, who lost part of her savings investing in Theranos, told The Bbc This Week that she is " glad she [Ms Holmes] got 11 years".

" Her hubris is Beyond Belief , " she added. " I don't believe she's still taking any responsibility for what has happened. "

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Source of news: bbc.com

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