Wednesday, December 23, 2015

UNIVERSITY OF CALIFORNIA DUMPS PRIVATE PRISONS

By Bob Walsh

The University of California has a significant stock portfolio. The system has just divested itself of about $25 million in the Corrections Corporation of American and the GEO Group, the two largest private prison operators in the U.S.

The action was prompted primarily by black student groups who view the prison system as oppressive against blacks due to their high over-representation within the prison population. They also have some issues with prisons for profit.

No comments: