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Posted on 04/14/2026 1:16:02 PM PDT by DFG
Progressive billionaire Tom Steyer has been telling California voters he wants to “abolish ICE” despite investing nearly $90 million in a company behind the state’s largest immigration detention center.
The California gubernatorial candidate has tried to swat off that criticism, but in a recent interview with the Sacramento Bee, he said it was a “mistake.”
“We never had anything to do with running the company,” Steyer said. “But it was a mistake to think that that was a place where it was decent to make money.”
Steyer founded a hedge fund named Farallon Capital Management in 1986. Under his management, the fund put money into CoreCivic, which runs private prisons. Farallon’s shares in the company was valued at $89.1 million at one point.
Now, the company runs five facilities in California, according to its website. At least two of them house people detained by federal immigration agents — one near San Diego and another in Kern County.
Steyer eventually left Farallon and sold his stake in the hedge fund in 2012.
The candidate’s ties to CoreCivic are coming under increased scrutiny by the left. After the implosion of U.S. Rep. Eric Swalwell’s campaign this weekend, Steyer is now one of two leading Democratic competitors set to swoop up most of Swalwell’s voters and surge in the polls.
Steyer has framed his regret being involved with CoreCivic as a wake-up call that led him to walk away from the hedge fund industry. He said it also led to his work advocating against mass incarceration.
(Excerpt) Read more at nypost.com ...
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Must’ve been rape rape.
He’s a Greedy Greenie but it’s the green you keep in the bank.
I think you can pick any dem and do some digging and find this kind of stuff. Any of them. Probably many repubs too.
“...he wants to “abolish ICE”...”
Wanting and having the ability or the responsibility of doing it are two different worlds. Not in his wheel house. People like that openly profess to the ignorance of the State Constitution, you know the one he swore to. And his oath also includes an affirmation that the governor will not advocate for or belong to any organization that supports the violent or unlawful overthrow of the state or federal government. Oops!
wy69
This will not hurt him a bit.
Mistake? Has Steyer’s mental status been established? Or is he a craven hypocrite who says one thing and does another?
It look s. Like the California Democrats are next going to take Steyer out of the gubernatorial race. They are culling the herd so a Democrat wins.
It’s looking like I might have to get a wide screen model of crystal ball.
To get that answer, all you have to do is mention Trump's name in his presence. The guy has a monumental case of TDS and will go bat guano crazy. Bats in the belfry.
Any doubt illegals are voting look at these politicians in MN and California afraid
Or NOT “DOH!” “DOH!”.
Yeah. Was quick to the draw on that post. Hoped no one would notice. Thanks.
Like Bobby DeNiro?
14 years ago.
So how can anyone tie him to shocking hypocracy now?
Even worse.
Wow! I mean Bobby was even caught crying.
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