🚨 GOOD NEWS: All major banks that supported the private prisons behind mass incarceration and immigrant detention have now committed to NOT renew credit lines/loans to GEO Group and CoreCivic.
This is a HUGE win.
forbes.com/sites/morgansi…
This is a HUGE win.
forbes.com/sites/morgansi…
“This shift represents an estimated shortfall of 87.4% of all future funding to the private prison and for-profit immigrant detention industry, which depends on these bank credit lines and loans to finance their day to day operations.”
The banks that have committed to ending ties with the private prison and immigrant detention industry: JPMorgan Chase, Wells Fargo, Bank of America, SunTrust, BNP Paribas, Fifth Third Bancorp, Barclays, and PNC.
