Prem Watsa: Exit the racist bail industry

Every year in the United States, millions of people must choose to pay cash bail after their arrest or face incarceration before they ever get a trial. If you can’t afford to make bail, you can either sit in jail or pay a non-refundable fee to a for-profit bail bonds company.

Private insurance corporations are keeping this exploitative system alive – fueling mass incarceration and disproportionately harming Black and low-income communities. And the largest investor in this predatory industry is Canadian-based Fairfax Financial Holdings Ltd. It’s time to tell them to stop: Send this message to its CEO and chairman Prem Watsa today.

Message Recipient:
Prem Watsa, CEO and chairman of Fairfax Financial Holdings

CEO Prem Watsa: Exit the racist bail industry now
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Your Message
Divest from the racist bail industry now

Mr. Watsa, as a co-chair on the "Canadian Council of Business Leaders Against Anti-Black Systemic Racism," you have publicly committed to taking substantive action to end anti-Black systemic racism. I'm now calling on you to stay true to this commitment by ensuring your company, Fairfax Financial, immediately exits the predatory and racist bail insurance industry in the United States.

If you truly believe in your responsibility to end anti-Black racism, then Fairfax Financial must halt all dealings with the exploitative and discriminatory for-profit bail industry.


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