An open letter signed by over 200 artists, academics and curators denounces MoMA's connection to mass incarcerations and Larry Fink, museum board member and CEO of BlackRock.
An open letter to the Modern Museum of Art and MoMA board member Larry Fink, signed by more than 220 artists, academics, and curators, calls on Fink and the museum to divest from prison companies and stop relying on financial services that have stakes in private prisons.
As the CEO of BlackRock, Larry Fink is the second largest shareholder of GEO Group and Core Civic , two companies who operate private prisons. With over $2 billion in contracts with Immigration and Customs Enforcement , these companies have been responsible for 70% of all immigration detention including families separated at the border., also says that MoMA relies on Fidelity Investments to manage its pension fund and that the investment company owns stock in private prison companies.
Codepink, a women-led grassroots organization working to end U.S. wars and militarism, is another group actively supporting the letter's ultimate goals.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
An Expanded MoMA Adds More Women ArtistsThe Museum of Modern Art re-opens after a $450 million expansion, with more works by women and overlooked artists in galleries that mix painting, sculpture and other media.
Read more »
Newsom signs bill to open Hollister Ranch beaches to the publicBreaking: Gov. Gavin Newsom signed into law Wednesday a bill designed to open the elusive beaches at Hollister Ranch — a significant move forward under his administration on an issue that has stalled for decades in the face of powerful landowners.
Read more »
WeWork to open two new locations in Singapore amid cost-cutting driveOffice-sharing startup WeWork on Thursday said it will open two new locations in...
Read more »
Open enrollment: 8 things to keep in mind when choosing health insuranceA third of employees say they either don’t understand or know nothing about their health care coverage.
Read more »
Martin Scorsese's 'The Irishman' to Open Los Cabos Film FestThe mob drama's star Robert De Niro will attend the Latin America premiere in Mexico.
Read more »