Posted on 07/08/2019 8:08:54 AM PDT by C19fan
SunTrust Banks Inc said on Monday it will no longer provide future financing to companies that manage private prisons and immigration holding facilities.
"This decision was made after extensive consideration of the views of our stakeholders on this deeply complex issue," the company said in a statement.
(Excerpt) Read more at nasdaq.com ...
BB&T’s CEO is suppose to be anti establishment. Perhaps the merger was for Sun Trust (possibly a liberal fascist company) to take control of BB&T. This is interesting. Just watching all of there companies being taken over by liberal facism.
Open the prison gates and give the murderers and rapists a free bus pass to closet SunTrust and BofA. Give a free bus pass to every illegal to the closet liberal demonrat’s house.
Im sure the new version of acorn is behind this.
Yeah, who is putting pressure on these people?
Good. As long as they are being selective with the social justice crap, let them self insure too instead of the US taxpayer backing them up.
"Stakeholders" are not "Stockholders."
Bank at Sun Trust?
Close your account.
Blame MBA programs.
They’ve become Liberal indoctrination programs just like every other non-STEM academic program in this country.
I have been with BBT since 1980. I just sent them an email to tell them I am closing all accounts as soon as possible.
They unfortunately hold my mortgage.
I could pay it off now if I wanted to. I don’t particularly want to, but if this keeps up I might have to.
The progressive-corportist complex marches on. And what will the response of the GOP be? Crickets, guaranteed.
Yeah, who is putting pressure on these people?
Progressives have long dominated the corporate world. We’re just seeing more aggressive policies from them now. Before it was “climate change” support. Now it’s a direct assault on unapproved business sectors.
“BofA started this.”
A.P. Gianinni founded BofA as The Bank of Italy in San Francisco to be “The People’s Bank.” The turds that now run it moved its HQ to North Carolina from SF years ago, probably because they knew that AP was turning over in his grave over what had become of his bank! And this sort of “takeover” by the company-running Liberal RAT Harvard MBAs ( We used to call them “HUMBAS” where a number of them had settled in in the Silicon Valley Co. where I worked) seems to afflict most successful companies as they are sold by their founders. Starbucks, BofA, NBC, CBS, you name it, are all run by the same class of human waste from our “business schools.”
Probably mutual funds and hedge funds. They’ve long been politically active and wield a lot of influence in the corporate world.
I member in the 90’s they were the source of all the companies instituting “diversity” training for employees.
So they can do business or not do business with whom they choose but a bakery cannot?
ML/NJ
The private prison system should be investigated for corruption. If state and federal administration and guards can be bribed by the criminal cohorts of the imprisoned for better conditions and privileges, imagine the attraction to rent-a-cop status private guards.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.