Underwriter Withdraws from Alabama prison lease project
MONTGOMERY, Ala. (AP) — The underwriter for a project to build two prisons in Alabama has announced it is pulling out of the effort. The move by Barclays Plc followed criticism that it was breaking a promise not to get involved in for-profit prisons. Barclays on Monday confirmed that it would no longer be involved with CoreCivic’s construction of two…
