Enlace, in partnership with community groups and unions across the US, is calling on all public and private institutions to divest their holdings in Corrections Corporation of America (CCA) and GEO Group, America’s largest private prison corporations which have profited from billions in taxpayer money.
The major investors in the private prison industry include Wellington Management Company, Wells Fargo Bank, General Electric, FIdelity Management, Capital Research Global Investors and others.
If I were not already moving my account from Wells Fargo to local credit union, this would convince me to do it.