Wells Fargo has invested heavily in the private detention of immigrants in recent years. Private detention centers capitalize on human suffering to make a profit. Wells Fargo uses its mutual funds to invest in two of the largest for-profit detention companies: Corrections Corporation of America and the GEO Group. As of December 2010, Wells Fargo had invested $5.9 million in Corrections Corporation of America and $88.7 million in the GEO Group. As I am sure many people know, the resent legislation, H.B. 56, that was signed into law in Alabama allows for this mistreatment of human beings to be legal. The law has received national and indeed global attention and so has the abuse in the detention centers where the undocumented people are being detained.
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