NY State Senator Benjamin calls on divesting from Private Prisons

Via Capital Tonight  The purpose of the state pension fund is to make investments and earn money to cover the costs of retiree’s pensions. It is run by a politician – the state comptroller – but is supposed to be free of politics. However, at around $200 billion, it is one of the largest investors on Wall Street, and that gives the comptroller a lot of power to influence companies and even industries. So lately, we have been seeing calls for the fund to divest from things like fossil fuels. NY State Senator Brian Benjamin is calling for divesting from private prisons. Watch the Interview

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s