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JPMorgan to stop financing private prisons and detention centers after protests

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Cleo95
Cleo95's picture
JPMorgan to stop financing private prisons and detention centers after protests

seems like a step in the right direction? Even if the motive is profit driven. Hopefully others will follow suit!?

https://www.nbcnews.com/news/us-news/jpmorgan-stop-financing-private-prisons-detention-centers-after-protests-n979491

FrankieBones
FrankieBones's picture

As much as I don't trust American merchant bankers as far as I can toss them its a good thing. The person that I love works for UNICOR. They pay her peanuts... 0.22cents per hour... and whats worse. The work she does goes to funding clothes for the American armed forces. The concept of  indentured labor funding the US government is alive and well and you can think about that every time they run a flag up the pole for a US soldier/seamen or aviator/pilot working on behalf of the US government.

God bless America.

anderson
anderson's picture

I don't have enough knowledge about private prisons to have an opinion on that.