The private prison industry profits greatly from the detention of immigrants. More than 33,000 immigrants are detained every day in the United States, destroying families and costing taxpayers more than $1.7 billion this year. Together with investors like Wells Fargo millions are spent lobbying for Arizona Copycat Laws and SCOMM.
According to SEC filings, Wells Fargo currently holds over 4 million shares in GEO Group and 50,000 shares in Corrections Corporation of America, with a combined value of $120 million. GEO and CCA are the world’s two largest for-profit prison corporations. Wells Fargo, a recipient of billions of bailout dollars, is a major contributor to politicians who have championed the increased incarceration of immigrants. The protests will call on Wells Fargo to invest in our communities and divest from the private prison industry. Actions are part of the F29 Shut Down the Corporations Day, featuring actions across the country.
Austin: 3:30-4:30pm, Wells Fargo, Guadalupe & 24th
San Antonio: 3:00- 5:00pm 423 N New Braunfels Ave. 78202
Houston: 12:00- 1:00pm Wells Fargo, Louisiana & Lamar St Portland: 12:30pm, SW Ankeny & Natio Parkway on the waterfront side of the street