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Gov. Kay Ivey disappointed as underwriters pull out of Alabama prison deal


Gov. Kay Ivey disappointed as underwriters pull out of Alabama prison deal
Updated 2:28 PM;
Today 11:47 AM
Inmates sit in a treatment dorm at Staton Correctional Facility in Elmore, Ala., Wednesday, Sept. 4, 2019. The Department of Justice sued Alabama in December 2020 over excessive violence and other problems in state prisons for male inmates. (AP Photo/Kim Chandler) APAP
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Gov. Kay Ivey said this morning she was disappointed that the investment bank Barclays has withdrawn from underwriting the financing of two privately owned prisons that Alabama would lease and operate.
The governor said Barclays’ decision would not stop the plan to lease new prisons, which the Ivey administration and the Alabama Department of Corrections have been working on for more than two years. ....

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Organizations call Gov. Kay Ivey's plan to lease prisons a '30-year mistake'


Organizations call Gov. Kay Ivey’s plan to lease prisons a ‘30-year mistake’
Updated Jan 29, 2021;
Posted Jan 29, 2021
Inmates rest on their bunks in Dorm B in Alabama s Staton Correctional Facility in Elmore County. The dorm holds more than 300 inmates. (Mike Cason/[email protected])
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Opponents of Gov. Kay Ivey’s plan to lease three new men’s prisons today released a letter to legislators urging them to try to stop it.
Thirteen organizations are listed at the end of the letter, which says it was written on behalf of a coalition that includes almost 300 college students, farmers, and activists. ....

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