Wells & Chase: Show Love this Valentine’s Day - Break Up with Private Prisons!
JP Morgan Chase CEO Jamie Dimon and Wells Fargo CEO Timothy Sloan:
While professing respect for human rights, Wells Fargo and JPMorgan Chase continue to fund GEO Group and CoreCivic; the biggest operators of private prisons and immigrant detention centers.
Sign this petition to let Jamie Dimon (Chase) and Timothy Sloan (Wells) know that their customers and potential customers are not afraid to align our money with our values.
If Wells Fargo and JPMorgan Chase don’t take action, we will -- by pledging to, and/or encouraging others to, break up with Wells Fargo and JPMorgan Chase and switch to banks that actually respect our communities instead! #RealMoneyMoves
Sign on to urge the CEOs of Wells Fargo and JPMorgan Chase to Break Up with Private Prisons, or We'll Break Up With our Banks!
Sponsored by
To:
JP Morgan Chase CEO Jamie Dimon and Wells Fargo CEO Timothy Sloan:
From:
[Your Name]
Two of the private prison industry leaders, CoreCivic and GEO Group, depend on funding from banks like yours to conduct their day-to-day business operations, finance new facilities, and acquire smaller companies. [1] A 2016 analysis of U.S. Securities and Exchange Commission (SEC) filings over the prior 10 years shows that Wells Fargo and JPMorgan Chase, among others, have played a large role in financing these debts. [2] In doing so, Wells Fargo and JPMorgan Chase are profiting from mass incarceration and the criminalization of immigration.[3,4] We demand that you stop financing CoreCivic and GEO Group.
It is inconsistent with your professed desire to respect human rights to continue to finance GEO Group and CoreCivic, the biggest operators of private prisons and immigrant detention centers. [1,2,3,4] Your customers and potential customers are not afraid to align our money with our values and urge you to as well. We pledge to, and/or will encourage others to, break up with Wells Fargo and JPMorgan Chase and switch to banks that actually respect our communities if this financing continues. #RealMoneyMoves.
--
[1] https://news.littlesis.org/2018/06/21/who-is-profiting-from-incarcerating-immigrant-families/
[2] https://www.inthepublicinterest.org/wp-content/uploads/ITPI_BanksPrivatePrisonCompanies_Nov2016.pdf
[3] https://www.inthepublicinterest.org/wp-content/uploads/ITPI_JPMorganPrivatePrisons_FactSheet_Jan2017.pdf
[4] https://populardemocracy.org/bankrollingoppression