A Good Idea Putting The Profit Motive Behind Social Work
The financial industry has gotten a bad rap over the past few years, but there are good things happening on Wall Street as well. For a prime example, look to Merrill Lynch, which has just announced a partnership with New York State on a social impact bond aimed at decreasing recidivism for inmates released New York’s prisons. As the Social Finance reports, Merrill Lynch and a group of other investors have pledged to invest in the Center for Employment Opportunities to cover the upfront costs of preparing 2,000 inmates for work outside prison.
We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.