The constitutional grant of a second chance for the destitute has become an enabler of reverse wealth redistribution. One wild case in Houston tells the story.
bankruptcy
Posted inLaw and Justice
Actually, Opioid Victims Love the Sackler Immunity Shields
And other fake news from the Supreme Court’s Purdue Pharma hearing
Posted inLaw and Justice
Nothing to See Here
The conviction of Sam Bankman-Fried is over, but little attention has been paid to the lawyers who helped build up FTX—and they want to keep it that way.
Posted inMoney, Politics, and Power
The Slow Cooker of Corporate Flameouts
A band of Reddit contrarians tried to make Rite Aid the first meme stock. A truly staggering series of miscues thwarted their dreams.
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 inTAP
Argentina: Vultures Come Home to Roost
Today on TAP: How America’s most predatory hedge funds deepened Argentina’s economic miseries and helped invite a far-right reaction
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 inEconomic Policy
Yellow Scapegoats Teamsters for Apollo-Led Bankruptcy
The trucking company alleges the Teamsters used the company as a sacrificial lamb.
Posted inHealth and Social Policy
Shock Treatment in the Emergency Room
The Lehman-like collapse of a(nother) private equity–owned ER operator has physicians calling louder than ever for a strike.
Posted inLaw and Justice
Fleecing in Indian Country
An undercovered SCOTUS decision brushes against Native sovereign immunity, but also potentially snuffs out loopholes exploited by payday lenders.
