Why do we enjoy watching the famous fall?

Upon hearing that Elizabeth Holmes has been sentenced to more than 11 years in prison, social media erupted with vituperative glee. A lot of [Bloomberg]( Follow Us [Get the newsletter]( [Elizabeth Holmes’s Humiliation Is Part of Her Punishment]( — Stephen L. Carter Upon hearing that Elizabeth Holmes [has been sentenced]( to more than 11 years in prison, social media erupted with vituperative glee. A lot of people seem to think that the 38-year-old Theranos founder, convicted of fraud earlier this year, is getting what she deserves. Photographer: Lisa Lake/Getty Images Fair enough. Holmes’s deceptions about her company’s technology cost investors [hundreds of millions of dollars]( and, according to the judge, her contrition was at best minimal. She could hardly have expected to walk away with the 18-month sentence her lawyers requested. And although this is hardly the end of the litigation — an appeal is forthcoming, according to her lawyers — the public fascination with the case is itself a source of fascination. As a teacher of both contracts and evidence, I [find]( many of the issues it raised both intriguing and important. Yet somehow I suspect that the abiding and emotional public response has nothing to do with either the scope of [attorney-client privilege]( or the distinction between [“puffery” and misrepresentation](. Read the [whole thing](. [FTX Kept Your Crypto in a Crypt, Not a Vault]( — Niall Ferguson [Musk Woos Trump for an Ugly Twitter Codependency]( — Timothy L. O’Brien [Joe Manchin Charted a Better Course for House GOP]( — Jonathan Bernstein [It’s Now Clear That QE Was a Colossal Policy Mistake]( — Allison Schrager [Sweden Is Rethinking What Makes It Great]( — Adrian Wooldridge [S&P Overpromised and Overdelivered]( — Matt Levine [Investors Are Getting Xi’s New China Wrong ... Again]( — Anjani Trivedi [These Banks Were Left Holding the Bag in Crypto Implosion]( — Marc Rubinstein [Can Bob Iger’s Second Act Resurrect Disney?]( — Chris Bryant FYI [Opinions]( exist in other places, too, including: - [YouTube]( and [Apple Podcasts]( (or your favorite audio platform) - [Instagram]( - [TikTok]( - [LinkedIn]( - And still on [Twitter](, until further notice. This is the Weekend Edition of Bloomberg Opinion Today, a roundup of the most popular stories Bloomberg Opinion published this week based on web readership. Like getting this newsletter? [Subscribe to Bloomberg.com]( for unlimited access to trusted, data-driven journalism and subscriber-only insights. Before it’s here, it’s on the Bloomberg Terminal. Find out more about how the Terminal delivers information and analysis that financial professionals can’t find anywhere else. [Learn more](. You received this message because you are subscribed to Bloomberg's Opinion Today newsletter. [Unsubscribe]( | [Bloomberg.com]( | [Contact Us]( [Ads Powered By Liveintent]( | [Ad Choices]( Bloomberg L.P. 731 Lexington, New York, NY, 10022