Could a billionaire lose his LACMA board seat over his prison-phone investment?

of BlackRock Chief Executive Larry Fink from that city’s Museum of Modern Art board over the investment firm’s reported stakes in private prison operators GEO Group and CoreCivic.

Platinum specializes in turning around troubled companies, and earlier this year it announced that it had brought in new management and. They included a bigger commitment to providing education and reentry opportunities to inmates while working with corrections agencies to bring down fees and rates, including elimination of the highest “legacy outlier rates.”

“There’s a lot that we’ve done, and I’m incredibly humbled by the amount that remains to be done,” said Abel, who said the company’s for-profit business model is what provides the capital for additional services such as educational opportunities, secure computer tablets and licensed entertainment.

ldarmiento Tom Gores brother Samir Gores is just as bad. Profit before principle.

ldarmiento Good. Prison is no place for profits

ldarmiento This photo, are they worshipping him?

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A billionaire could lose LACMA board seat over his prison phone investmentL.A. private equity titan Tom Gores is facing an ouster campaign for his LACMA board seat over his firm's investment in a prison telephone service. Good. Billionaire problems
Источник: latimes - 🏆 11. / 82 Прочитайте больше »

A billionaire could lose LACMA board seat over his prison phone investmentL.A. private equity titan Tom Gores is facing an ouster campaign for his LACMA board seat over his firm's investment in a prison telephone service. Good. Billionaire problems
Источник: latimes - 🏆 11. / 82 Прочитайте больше »