At Rally Outside Jamie Dimon's Home, Immigrant Rights Advocates Demand #BackersOfHate Stop Bankrolling For-Profit Prisons

JPMorgan Chase CEO Jamie Dimon became the latest power broker to be directly confronted with the outrage of immigrant rights advocates, as CREDO Mobile, Make the Road New York, and other groups led a protest outside Dimon’s Manhattan apartment building over his bank’s financing of immigration detention centers.

Police began arresting some of the protesters at about 10:00am.

“Private detention companies like CoreCivic and the Geo Group continue to be financed by Corporate #BackersofHate like JPMorgan Chase and Wells Fargo, who profit enormously from our communities’ pain and the separation of families,” read the event’s Facebook page.

JPMorgan Chase has loaned tens of millions of dollars to CoreCivic, as well as underwriting numerous multi-million dollar corporate bonds for the company. The bank also has at least $72 million invested in the Geo Group. Both for-profit prisons have government contracts under which they run immigrant detention facilities that have filled up in recent weeks with parents and children who have been forcibly separated under President Donald Trump’s “zero tolerance” immigration policy.