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Alabama's Solution to Its Prison Problem Is More Prisons


The Daily Yonder
Alabama’s Solution to Its Prison Problem Is More Prisons
Building shiny new cages is not going to resolve a Department of Justice lawsuit against the state s penal system, says an opponent of proposed privately-built prisons.
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The photo shows a sign that reads, HELP, in the window of an inmate cell at Holman Correctional Facility in Atmore, Alabama. (AP Photo/Kim Chandler, File)
In September of 2019, Janice Wisener came across two trucks and an SUV sitting in the driveway of her property outside of the small city of Tallassee in Elmore County, Alabama. 
“I wondered who they were because they were sitting in my driveway, but when I asked them who they were they couldn’t say,” she said. When she asked them what they needed, they responded only that they weren’t there for her property, but for the property next door.  ....

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Barclays's Derailed Prison Bond Deal Shows Growing Might of ESG


Barclays’s Derailed Prison Bond Deal Shows Growing Might of ESG
Bloomberg
2 hrs ago
Amanda Albright and Danielle Moran
© Bloomberg
The Barclays Plc headquarters sits in the Canary Wharf business, financial and shopping district of London, U.K., on Wednesday, Oct. 28, 2015. In its monthly consumer confidence index, GfK said a measure of Britons outlook for the economy over the next 12 months dropped to minus 4 in October, the lowest reading this year.
(Bloomberg) The first sign of trouble came last week: A small group of investors circulated a letter lambasting Barclays Plc for helping to raise hundreds of millions of dollars to build two privately owned prisons in Alabama two years after the bank publicly vowed to cut financing ties with the for-profit industry. ....

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