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The inside story of how a healthcare giant made billions by breaking the law

+ Today’s must-read: The first installment of Steve Brill’s 15-part, 58,000-word investigation of Johnson & Johnson, the drug giant that covered up the dangerous side effects of a powerful anti-psychotic drug, Risperdal, that it was illegally marketing to children and the elderly.

+ The botched rollout of Obamacare was partly due to sloppy work by inadequately trained government employees, who failed to “identify delays and problems that contributed to millions in cost overruns,” according to a new audit by the Centers for Medicare and Medicaid Services’ inspector general. Despite this abysmal record, the much-criticized prime contractor, CGI Federal, still receives huge government contracts (586 contracts and grants worth almost $300 million in FY2015 alone), according to our analysis of government spending records.

+ To the surprise of practically no one, the Navy’s contracting system is “not auditable” – resulting in wasteful spending and inaccurate financial statements – according to a new audit by the Pentagon’s inspector general.

+ Despite the fact that the psychiatric records of infamous serial murderess Amy Archer Gilligan (whose story was told in the movie “Arsenic and Old Lace”) are over 50 years old, the Connecticut Supreme Court ruled this week that the documents should not be released and remain confidential.