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In a Dec ‘18 interview, CA State Controller & CalSTRS/CalPERS board member @BettyYeeforCA argued against divestment from for-profit prisons [CoreCivic & GEO Group] b/c “none of the facilities that [the pensions] are involved in are in the practice of detaining migrants.”
Yes, you read that correctly. @BettyYeeforCA actually tried to claim that CoreCivic & GEO Group “aren’t involved in the practice of detaining migrants.” The two companies are, in fact, responsible for detaining nearly 70% of all migrants in US custody. institutional-allocator.com/cal-states-con…
Given that @BettyYeeforCA made this statement after @Edu4MigrJustice presented the facts and info to her multiple times during public comment at CalSTRS & CalPERS’ board meetings, it raises serious concerns about potential breach of fiduciary duty.
