JPMorgan’s Private Prison Pullback: A Generational Shift, or Low-Risk Lip Service?

The nation’s largest bank grew a conscience last week, and millennials may be to blame. JPMorgan Chase said last Tuesday that it would no longer finance the operations of CoreCivic (formerly the Corrections Corporation of America) and the GEO Group, effectively cutting all ties with the private prison industry. The bank’s financial relationship with private-prison […]