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How ‘Jupiter’ Prevented a $1 Billion Bank Heist and More in MuckReads Weekly

Some of the best #MuckReads we read this week. Want to receive these by email?  Sign up to get this briefing delivered to your inbox every weekend.

How the New York Fed fumbled over the Bangladesh Bank heist, Reuters

The thieves weren’t careful. The payment orders were incorrectly formatted. Yet, in a “total fluke,” the word Jupiter tipped off the Federal Reserve Bank of New York to what was almost a $1 billion bank heist. By the time the fraud was discovered, this investigation asserts, the bank approved five of the payments totaling $101 million—nearly $81 million of which is still missing. The heist revealed “weaknesses in the global financial system,” and inadequacies in systems for detecting potential fraud.

Obamacare's sinking safety net, Politico

Obamacare’s greatest example of success can likely be found in North Carolina, where “more than 600,000 people signed up for coverage this year,” but the Tar Heel State might be home to the health care law’s biggest failure as well. According to this investigation, Obamacare is a “financial sinkhole” for many insurance companies. In fact, Blue Cross Blue Shield of North Carolina reported Obamacare losses totaling more than $400 million in 2014 and 2015.

The Secret Documents That Detail How Patients' Privacy is Breached, ProPublica

How do privacy violations impact patients? These letters sent to medical providers to resolve complaints about possible federal patient privacy violations offer some insight. The Office for Civil Rights in the U.S. Department of Health and Human Services sends thousands of these letters every year. ProPublica obtained roughly 300 of them under the Freedom of Information Act and made them public.

Poor Cancer Care for Native Americans Might Be a Treaty Violation, Newsweek

Tribal health systems are poorly funded. And the Indian Health Service—charged with care of Native American communities—usually blows through its meager budget by summer time. This deep-dive explores cancer care in Native American communities, and how a lack of coverage for preventative services often means that cancers are not discovered until it’s too late.

Obama's Interrogation Methods, Buzzfeed

When President Barack Obama assumed office, he promised to do away with torture. But these documents reveal that at least one interrogation tactic survived. Separation, which human rights activists say is just another name for solitary confinement, was “authorized for at least 58 detainees over a 16-month period in 2009 and 2010” at one detention facility in Afghanistan. And according to this investigation, requests to “separate” a detainee were only denied once.

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