meta_pixel
Tapesearch Logo
Log in
What Next | Daily News and Analysis

Big Banks Say “No” to Private Prisons

What Next | Daily News and Analysis

Slate

News, Daily News, News Commentary, Politics

4.62.3K Ratings

🗓️ 13 March 2019

⏱️ 17 minutes

🧾️ Download transcript

Summary

If you made your way up to 1185 Park Ave. on the Upper East Side of New York, you’d find an apartment building that looks like a castle. It’s the apartment of Jamie Dimon, CEO of JP Morgan Chase. Back in February protesters stood on the sidewalk and chanted up at him hoping to end JP Morgan Chase’s business with the private prison industry. It worked. Who are the protesters looking at next? Guests: Tracy Jan, reporter at the Washington Post, and emoji activist Jennifer 8. Lee. Tell us what you think by leaving a review on Apple Podcasts or sending an email to [email protected]. Follow us on Instagram for updates on the show. Podcast production by Mary Wilson, Jayson De Leon, and Anna Martin. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Sometimes running a business can feel like cycling uphill with square wheels.

0:07.0

But zero online accounting software can help predict the future cash flow of your business.

0:15.0

So you can stay one step ahead. Soon it'll feel more like free-wearing downhill.

0:21.0

On a tandem! What, mate? With a messer on the back.

0:25.0

Oh, that's nice.

0:26.0

Search zero with an ace. It goes healthy business as beautiful business.

0:34.0

The CEO of JP Morgan Chase, Jamie Diamond. He lives on the Upper East Side of Manhattan, 1185 Park Avenue.

0:42.0

It's the kind of apartment building that's more like a castle. It's got these huge, gothic arches.

0:49.0

And there's a big interior courtyard you can drive right into.

0:53.0

It's the kind of place you move because you value quiet. Privacy.

1:02.0

And that's probably why over the last year protesters have decided this building is a good place to be allowed.

1:15.0

The group is chanting Jamie Diamond, listen to us. We are in this fight.

1:20.0

Washington Post reporter Tracy Jan has been writing about these protesters.

1:25.0

Most recently on Valentine's Day, a group of them actually went back to Jamie Diamond's apartment in Manhattan

1:32.0

and tried to serenade him. He didn't actually show up.

1:37.0

But they had a mariachi band there.

1:42.0

And then some of them actually eventually went to JP Morgan later that morning to deliver yet another petition.

1:49.0

Asking the bank to divest from private prisons.

1:56.0

These protesters are immigration rights activists. They know they can't control the Trump administration's approach to border security.

2:04.0

So they're trying to control something else. The people who fund it.

2:09.0

Last year, private prisons that detained migrants along the border got nearly $2 billion from America's biggest banks.

2:17.0

A lot of their corporate leaders, CEOs have actually spoken out against Trump's immigration policies.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Slate, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Slate and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.