FOR-PROFIT PRISONS

Private prisons in Louisiana are making a hefty profit by locking up thousands of U.S. Immigration and Customs Enforcement (ICE) detainees, Bryn Stole reports for The Times-Picayune. As the number of Louisiana state inmates has declined, controversial private prison operators like LaSalle Corrections are turning to ICE detainees, most of whom are seeking asylum at the U.S.-Mexico border, to boost their revenues. Meanwhile, Julia Ainsley at NBC reports that the California Public Employees Retirement System (CalPERS) — the nation’s largest public pension fund — joined other businesses in pledging to divest from GEO Group and CoreCivic, the two for-profit prison companies that run the most ICE detention facilities. Follow the money.

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