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Reply #13: Farallon Dumps Corrections Corporation of America [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010)

flashl

(1000+ posts) Send PM | Profile | Ignore

Tue Oct-16-07 09:42 AM
Response to Reply #12

13. Farallon Dumps Corrections Corporation of America

The national "Dump Farallon" campaign

National - Following a year-long campaign by students, graduate teachers, faculty, and community members, Farallon Capital Management, LLC has fully divested from Corrections Corporation of America (NYSE:CXW), the controversial for-profit prison company.

Farallon, a hedge fund that manages many college and university endowment investments, has sold its remaining shares in CCA, a company cited for abuse of prisoners. A year ago, Farallon held almost $90 million in CCA stock, making it one of CCA's largest investors.

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