Big banks slammed for investing in private prison companies #Jan24DIVEST

Via Press TV Natalia Jaramillo, member of National Private Prison Divestment Campaign says the campaign calls on financial institutions and big banks to divest from private prison companies.

The campaign is hosting a national day of action on January 24, to mount protests in multiple cities across the U.S. to call on Wells Fargo and other companies who profit handsomely from the private prison industry to divest of their holdings.

“We have known so far that several banks and hedge funds invest in private prisons, many of them … have been pretty active in investing in private prisons that build detention centers for immigrants. There was a campaign launched last year to start asking these institutions to divest from those private prison companies because they are really making it a business to detain immigrants,” Jaramillo told Press TV’s U.S. Desk in an interview on Monday. Click here to listen to the interview

“I come from the Immigrants’ Rights Movement but we have been working together with Occupy Miami, Occupy Palm Beach and it’s been a very good integration of both issues. We have been able to show how immigrants are also the 99% and how the big banks and the private prison companies are the 1% that are profiting from making people suffer and detaining people in extremely abusive conditions,” the spokesperson of Florida Immigrant Coalition added. Click here to listen to the interview

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