Palantir presented during a DevHouse they hosted a year or so ago, some of their statistical trend analysis that implicated a certain cohort of mortgage lenders

Palantir presented during a DevHouse they hosted a year or so ago, some of their statistical trend analysis that implicated a certain cohort of mortgage lenders in/around Chicago. The results of their findings were pretty much proof of criminal activity and corruption in some very big names in the real estate market. The most fascinating thing was that they applied this theory to one specific geographic area (Chicago); applying it to other areas would almost certainly have revealed a larger trend. I was impressed, and even applied there a number of months ago, mistakenly thinking they are on a mission to do good in the world. Was disappointed by the rejection email. Given this new information that they are likely using their findings as a sort of blackmail to sustain evil and corruption at the source, I'm actually not disappointed. The fact that they are in bed with entities like Bank of America, J.P. Morgan, et al is very disconcerting. "Palantir signed a multi-year contract with the bank in December 2009 in the $5 million to $20 million range, and JPMorgan Chase Chief Information Officer Guy Chiarello gushes about the company, calling Palantir “the best bet I’ve made in quite a while.”" Yeah, $5M is pennies in a hat for senior execs who risk decades of prison time when/if the realities of the sub-prime lending ever really get exposed.