Topic: George Shultz

Pieczenik describes a physical confrontation with Elliot Abrams at the State Department after Abrams insulted foreign service officers. He expresses deep contempt for the neoconservative movement and eventually resigned from the Council on Foreign Relations. He characterizes the CFR as a "nursing home" for former officials looking to relive their pasts.

The role of the Theranos board, which included figures like Henry Kissinger and George Shultz, is examined alongside the culpability of venture capital firms. The hosts suggest that experienced investors should have recognized the technical impossibilities of the Edison machine. They contrast the Theranos scandal with the established blood-testing industry giants like LabCorp.