The defense in Elizabeth Holmes' trial expected to rest next week — Transcript
Full transcript
- 0:00the defense in the elizabeth holmes
- 0:01fraud trial expected to rest its case
- 0:04next week cnbc's yasmin koram is in san
- 0:07francisco with the latest details yasmin
- 0:09you've been following it from the
- 0:10beginning give us your quick sense of
- 0:12where we are how it's going and what you
- 0:14expect next week
- 0:16sarah elizabeth holmes has been speaking
- 0:18directly to the jury for five days now
- 0:21she has acknowledged she's made some
- 0:22mistakes even at times said she wished
- 0:24she would have done things differently
- 0:26in cross-examination prosecutors are now
- 0:29poking holes at that they've gotten her
- 0:31to admit that not only she added the
- 0:33logos of giant drug makers onto these
- 0:35ceremonies reports that she gave to
- 0:37investors and executives but she also
- 0:40doctored some of the language on some of
- 0:42these reports guys this is as close to
- 0:44smoking gun as you can get in this trial
- 0:47elizabeth holmes on the stand has told
- 0:48the jury that yes i was the ceo i was
- 0:51the ultimate decision maker but she has
- 0:54also hinted to the jury that behind the
- 0:56scenes she was controlled almost like a
- 0:58puppet by company president and her
- 1:01boyfriend at the time sonny balwani next
- 1:03week the defense is expected to rest and
- 1:06guys my sources tell me that elizabeth
- 1:08holmes is really betting on herself here
- 1:10to clear her name
- 1:12and and jasmine what have been the most
- 1:15surprising wild card and unexpected
- 1:17parts of her defense thus far
- 1:20well first of all the most surprising
- 1:22thing is elizabeth holmes taking the
- 1:23stand any legal analyst will tell you
- 1:25that it's very rare for a white-collar
- 1:28defendant to take the stand there's a
- 1:30lot of inconsistencies in what she has
- 1:32said she has taken prior civil
- 1:34depositions and she has changed her
- 1:36answer now uh the whole uh blaming her
- 1:39ex-boyfriend has been surprising to hear
- 1:42and it's really shown a different side
- 1:44of elizabeth holmes we all remember
- 1:46holmes in her heyday she married herself
- 1:48as her idol steve jobs they have really
- 1:50softened her image now inside the
- 1:52courtroom she's broken down several
- 1:54times cried to the jury telling him that
- 1:57you know she suffered years of abuse at
- 1:58the hands of her boyfriend very serious
- 2:00allegations that sonny balwani
- 2:02categorically denies at the end of the
- 2:04day this all comes down to intent this
- 2:07jury will have to decide if elizabeth
- 2:09holmes intended to deceive and mislead
- 2:12investors and patients
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