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AFT Urges Pensions To Cut Investment In Private Prisons

TedTed
in Fund Discussions
FYI: A labor union representing American teachers on Friday urged pension funds to cut their exposure to investment firms that have funneled millions of dollars into private prisons, saying the companies are getting rich on the U.S. government’s practice of separating migrant families.
Regards,
Ted
https://www.reuters.com/article/us-education-pensions-investment/u-s-teachers-union-urges-pensions-to-cut-investment-in-private-prisons-idUSKBN1KV2E5

Comments

  • LewisBraham
    edited August 2018
    Good! How can you have justice when there’s a financial incentive to put people in jail? The private sector should have no place whatsoever in the criminal justice or court system. Otherwise, you end up with the prison industrial complex we now have.
  • CrashCrash
    Thank you, LewisBraham.
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