JP Morgan has served an important role in creating better conditions for inmates entrusted in our care through transactions like, among many others, helping to provide financing for the construction of a replacement facility for the 150-year old Lansing Correctional Facility in Kansas. It is disappointing they will no longer have a role in helping to provide similar solutions for our government partners.
It is further disappointing that decisions like this are being based on false information spread by politically motivated special interests, who completely mischaracterize our company and the meaningful role we play in solving some of our country’s biggest challenges. In reality, CoreCivic helps keep communities safe, enrolls thousands of inmates in re-entry programs that prepare them for life after prison and saves taxpayers millions. We also play a valued but limited role in America’s immigration system, which we have done for every administration – Democrat and Republican – for more than 35 years. The fact is our sole job is to help the government solve problems in ways it could not do alone – to help manage unprecedented humanitarian crises, dramatically improve the standard of care for vulnerable people, and meet other critical needs efficiently and innovatively.
Here are some important points to understand about our company: