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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.
The due diligence report @BettyYeeforCA references in the interview explicitly mentions CoreCivic & GEO Group’s migrant family detention facilities in TX. This leaves 1 of 2 options: either Yee read the report & is making a knowingly false statement or she didn’t actually read it
This would also be a difficult detail to miss given the name of the campaign - Educators for MIGRANT Justice - as well as the title of the petition we presented — CalSTRS/CalPERS: Stop Investing in MIGRANT Abuse Companies
Screenshot from page 12 of that due diligence report @BettyYeeforCA cites when claiming that for-profit prison companies CoreCivic & GEO Group "aren’t involved in the practice of detaining migrants" to justify her opposition to divestment 
And then the signs that CalSTRS members held up at CalSTRS' board meeting last July.
Literally staring her in the face. @BettyYeeforCA, were either you or Lynn Paquin at that meeting?
Literally staring her in the face. @BettyYeeforCA, were either you or Lynn Paquin at that meeting?
And can we all just note this sign from July 2018 says #EndConcentrationCampProfiteering
