Goldman Sachs to invest $10m in jail programme

Goldman Sachs bank will invest almost $10m (€8.13m) in New York City jail programme that will produce profits for the investment firm if reoffending rates drop.

Goldman Sachs to invest $10m in jail programme

Goldman Sachs bank will invest almost $10m (€8.13m) in New York City jail programme that will produce profits for the investment firm if reoffending rates drop.

It is the first US effort of its kind to enlist private investors in financing public social programmes.

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