A band of Reddit contrarians tried to make Rite Aid the first meme stock. A truly staggering series of miscues thwarted their dreams.
Maureen Tkacik
Maureen Tkacik is investigations editor at the Prospect and a senior fellow at the American Economic Liberties Project.
Posted inMoney, Politics, and Power
The Moral Authority of Marc Rowan
The private equity billionaire is leading a boycott of an Ivy League oligarch factory over a Palestinian literary festival it held last month.
Posted inMoney, Politics, and Power
The No Spin-Off Zone
The Kroger-Albertsons merger shows us why regulators need to permanently divest the concept of, well, divesting.
Posted inMoney, Politics, and Power
The [REDACTED] Case Against Amazon
You go to information war with the clickbait you have.
Posted inHealth and Social Policy
Heads They ‘Cha-Ching!’; Tails They Take Away Your Malpractice Insurance
A tale of two private equity–spawned medical mega-practices
Posted inMoney, Politics, and Power
Catch Us if You Can
The mysterious firing of Amazon’s most ruthless union-buster from his new job underscores the monopoly’s insidious stranglehold over shopping.
Posted inHealth and Social Policy
Medicare Price Negotiation: Ten Drugs That Made the List, and Ten That Should Have
Advocates were thrilled that Medicare will negotiate the price of several insulins. But other high-profit drugs are protected by the new program’s rules.
Posted inHealth and Social Policy
Who’ll Stop the Raid?
A little-noticed Justice Department case alleges that Alabama’s Medical Properties Trust engaged in ‘fraudulent conveyance.’
Posted inLaw and Justice
An Unlikely Twist in Corporate Accountability
The Sacklers might actually get their legal immunity stripped, by the Supreme Court of all people.
Posted inHealth and Social Policy
The Great American Hospital Shell Game
Stock in Medical Properties Trust tanked 14 percent this week after a couple of eyebrow-raising disclosures.
