How did software designed to protect customers from paralyzing system disruptions instead cause what may be the most destructive software glitch in recorded history? A 2018 antitrust case holds some clues.
Maureen Tkacik
Maureen Tkacik is investigations editor at the Prospect and a senior fellow at the American Economic Liberties Project.
Posted inHealth and Social Policy
The Assassin Amid the Undesirables
On the abiding despair of the failed Trump assassin’s post-COVID, private equity–looted nursing home
Posted inHousing
How an ‘Algorithm’ Turned Apartment Pools Green
RealPage, the rent-fixing software company currently under FBI investigation, also has apps for bogus fees, monetizing vacant apartments and inflating toxic property bubbles.
Posted inHealth and Social Policy
Why Is NIH Perpetuating Long COVID Denial?
Documents obtained by The Sick Times reveal the bastion of the medical establishment squandered a billion dollars on a long COVID study that seems suspiciously designed to fail.
Posted inMoney, Politics, and Power
The Music Mafia’s Invincible ‘Poison Dwarf,’ in the Crosshairs at Last?
The DOJ says Live Nation has been colluding with its former chairman Irving Azoff to fix artist fees and ‘pimp’ Ticketmaster.
Posted inHousing
Hell Is an Underwater Landlord
Millions of tenants are trapped in a rotten cycle of overflowing trash, daily water outages, and a healthy rat population.
Posted inHealth and Social Policy
Sam Bankman-Fried Is Not Entirely Wrong
FTX’s victims are getting up to 143 percent of their money back, because the system treated it like the fraud it was. As the Steward case shows, that’s not usually how bankruptcy works.
Posted inHealth and Social Policy
A Hospital Heist Seeks Protection in the Ponzi-Friendliest Court in America
Steward Health just filed for bankruptcy in Houston’s scandal-plagued, private equity–pilled bankruptcy court.
Posted inTransportation
Whistleblower Laws That Protect Lawbreakers
The late whistleblower John Barnett described Boeing as a psychological torture chamber for anyone who cared about safety. A 2000 law makes fighting back nearly impossible.
Posted inTransportation
Suicide Mission
What Boeing did to all the guys who remember how to build a plane