Sunday, April 15, 2012

Wells Fargo Now A Major Shareholder In For-Profit Prisons

Let me see now they are going to make money from the prison itself, and the inmate's forced labor--a solid business model. Slavery, the new growth industry.

Soon we are going to have incarceration-backed securities(IBS)--buy a share in the slave's...er...inmate's productivity. And of course we'll need CDO's against the risk of premature parole or a downturn in street crime. But the market will provide solutions...

Capitalism is obscene.



http://crooksandliars.com/susie-madrak/wells-fargo-now-major-shareholder-pro