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New York State struck a deal to buy 1,450 ventilators for $86 million from Yaron Oren-Pines, an engineer who had no apparent background in procuring medical equipment. The deal began to unravel as quickly as it had come together.
nyti.ms/35HtMBf
Gov. Andrew Cuomo's office said the contract was canceled because the state's need lessened. But interviews with state and federal officials, as well as emails we obtained, help illustrate how the decision placed millions of taxpayer dollars at risk.
nyti.ms/35HtMBf
Oren-Pines's offer was originally fielded by young, inexperienced volunteers recruited from venture capital and private equity firms by Jared Kushner. Read more about that team:
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