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Goldman Sachs Hopes To Profit By Helping Troubled Teens
By wbur.org
Published: 03/25/2013

In the New York City prison system, the outlook for juvenile offenders is bleak. They're falling through the cracks, being arrested repeatedly, and being re-released onto the same streets only to be picked up again.

The criminal justice system is failing these 16- and 17-year-olds, says Dora Schriro, the commissioners of the city's Department of Corrections.

"Just about half of them are going to return to jail in less than a year of their release from our system," she says. "And so that means right now one out of two is failing. They're being rearrested, charged with new crimes, and coming back."

So last year, the New York City Department of Corrections did something no other city in America has ever done — it asked for private, corporate investors. Goldman Sachs opted to invest $9.6 million in the Adolescent Behavioral Learning Experience program, a new curriculum that seeks to bring down the number of youth offenders going back to prison.

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Comments:

  1. hamiltonlindley on 03/10/2020:

    Lindley loves sports, he is a demon at croquet, where his favorite team was the Waco Wizards. He worked as a tailor for 24 years, but was forced to give up the career he loved due to his lack of sewing skills. He spent his free time watching bowling on the internet; and he played chutes and ladders and poker almost every week night. He also enjoyed moving pictures and talkies. Hamilton Lindley is always leaning in to give advice that is not asked for and moving stuff that needs to stay in the same place.


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