Please See Below for Forwarding to FamilyReEntry.org and Prisonist.org. Thank You!

Friday, June 14, 2013

The Nantucket Project 2013, Hear. Here. Announcement & Bio


Progressive Prison Project
Greenwich, Connecticut

The Nantucket Project 2013
Sept. 27th - 29th

Hear. Here. Announcement & Bio






So grateful & humbled.

Jeff,

Jeff Grant, JD, M Div
Director, Progressive Prison Project
Greenwich, Connecticut

Assoc. Minister/
Director of Prison Ministries
First Baptist Church of Bridgeport
126 Washington Avenue, 1st Fl.
Bridgeport, Connecticut 06604

(203) 339-5887
jgrant3074@icloud.com
jg3074@columbia.edu

Thursday, June 6, 2013

The Platform Less Taken, By Jeff Grant: Heading East on Metro-North

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Progressive Prison Project

Greenwich, Connecticut



The Platform Less Taken: Heading East on Metro-North

By Jeff Grant





I stood with about a half dozen other passengers on the Greenwich Metro-North platform yesterday morning.   We were waiting for the 8:17 am through-train that makes local stops from Greenwich to New Haven; as I spied my fellows on the platform it was pretty clear that this was a working class train – they were all workers of some sort or another.   I guess I am a worker too.



Across the tracks, of course, was the throng of the beautifully dressed and neatly polished - Wall Street Journals crisply tucked under their arms, iPhones and iPads holstered, all stoically ready for the day’s battle.  On our side, our minds played tricks on us - undermining our collective sense of purpose and self esteem - as the 7:49, 8:01, 8:08, 8:18 and 8:30 each pulled into and out of the station across the tracks.  No announcement had been made to explain the whereabouts of our train.



As we became more anxious about our train, we seemed to push closer together and congregate next to the taxi stand – the only spot on the platform that received any sun on the very brisk and windy morning.   Jose was a stylish twenty-something, talking with a man that turned out to be his Dad – he had a huge rolling suitcase that was almost as big as he was.  They were smiling but obviously worried about the train.  As we talked, I learned that Jose had been home visiting his parents in Greenwich – they are local workers who saved up enough to send their son to college in Boston.  Jose was taking the train to New Haven to catch the Mega-Bus the rest of the way – it’s only twelve dollars from there, far less expensive than Amtrak.  



Hector, another in our group, had gotten off a train at the wrong station and had been standing on the platform for almost an hour.   He was travelling to his job in Bridgeport from New York City and thought he was in Stamford when he got off the train.  He looked tired and was confused that another local hadn’t some along sooner.   



An older woman was dropped off by a taxicab and slowly made her way to the platform – she walked slowly to the ticket machine and was unsuccessful in her attempt.   Frustrated, she made her way over to us slowly and explained that she was on her way up to New Haven.  We asked if we could help her buy a ticket but she declined – we all seemed to know better than to push her.  



Now a community of travelers, we each shared our Metro-North war stories.  I explained how I am a minister in Bridgeport, and that I try to take the express train home to Greenwich in the afternoon – but that sometimes it passes by the Greenwich station without warning and leaves us off in Harrison.  It sometimes takes over an hour to get home when that happens.



The 8:17 finally came at a little after 8:30  - our train platform communion experience had taken just over forty-five minutes.  But it was a memorable, precious forty-five minutes that I will long remember and now I get to write about. 



The conductor came by and took our tickets, and apologized for the delay.  The older woman explained that the she didn’t have a ticket – that she couldn’t figure out how to work the ticket machine.  The conductor smiled and told her that it was all right, that he would only charge her for the discounted ticket machine price.  I couldn’t help but wonder if this sort of thing happened on the westbound trains?



Jeff Grant, JD, M Div
Director, Progressive Prison Project
Greenwich, Connecticut

Assoc. Minister/
Director of Prison Ministries
First Baptist Church of Bridgeport
126 Washington Avenue, 1st Fl.
Bridgeport, Connecticut 06604

(203) 339-5887
jgrant3074@icloud.com
jg3074@columbia.edu

Tuesday, June 4, 2013

Hedgefunders in the Hoosegow, By Stephen Bornstein, Reprinted from About Wall Street, Monday, June 3, 2013




 Progressive Prison Project 
Greenwich, Connecticut


Hedgefunders in the Hoosegow

By Stephen Bornstein 


The do’s and don’t’s of prison life

Absolute Return magazine just published an interview with a Christian minister by the name of Jeff Grant who runs a not-for-profit program called the Progressive Prison Project in Greenwich, Connecticut.

Since 2008, Grant has been counseling hedge fund managers accused of insider trading on how to cope with life in a federal penitentiary.  A corporate lawyer by training, Grant himself served 14 months in federal prison 7 years ago for defrauding the Small Business Administration into granting him a $247,000 loan to compensate for lost business at a fictitious Wall Street law office in the aftermath of 9/11.

Last year, Grant, 48, earned a Master of Divinity degree from New York’s Union Theological Seminary where he is now formulating a Theology of Imprisonment1.

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Facing imprisonment, hedge fund felons first need to come to terms with their shame, remorse and isolation from their communities, where they may previously have occupied lofty positions.  Think of Raj Rajaratnam and Rajat Gupta.  Some have to give up alcohol or drugs to which they have become used, and married inmates have to grapple with the survival of their marriages and support of their families during their incarceration.

Aside from the profoundly life-changing event itself, there are practical problems with incarceration of which the soon-to-be-incarceree should be aware.   Once he realizes he is no longer a free man, a hedge funder’s senses may fail him so completely, according to Grant, that he forgets his own address and phone number.  In addition, the new inmate should make certain that his visitors know not to wear clothing (such as underwired bras) that may set off metal detectors.

Grant says that survival at minimum security institutions is easier if you’re older than the average inmate and therefore have less need to brag about your achievements.  It’s also advantageous to have a skill (such as law) which is in demand among the inmates.  The most important survival skill, however, is for the hedge fund convict to earn the respect of the other prisoners by respecting each and every one of them.   He gives an example from his own experience of reflexively screaming at a bunch of quarreling prisoners who were keeping him awake one night and who ignored his outcry, at which point his cellmate suggested he would have been more successful if he had politely asked them to find someplace else to conduct their conversation.
Wall Street executives will quickly learn that nobody inside the prison walls cares about what they have to say about anything.
To Grant, gaining respect in prison is mostly a matter of learning what not to say.  High-powered hedge funders had better immediately relinquish the wealth, power and sense of entitlement that have been their calling cards in favor of humor and vulnerability.   Wall Street executives will quickly learn that nobody inside the prison walls cares about what they have to say about anything.  All the intellectual skills that enabled them to become successful money-makers, according to Grant, “are useless if not counterproductive.”

Prison is an egalitarian place, so hedge fund inmates in particular should “slow down, be quiet observers and listen five times more than they speak.”

Drawing on his personal conversion from white-collar crime to prison ministry, Grant’s mission is to help inside traders use their time in captivity to transform themselves spiritually into people committed to helping others.  “Most white-collar criminals can’t go back to their old lives and careers, so why not embrace completely new lives, with new options and opportunities?”

1 Grant closes his e-mails with the following tag line: … for He makes His sun rise on the evil and on the good, and sends rain on the just and on the unjust.


Stephen A. Bornstein opened his law office in 2010 where he serves as a trusted legal advisor to financial professionals, investment firms, private funds and family offices. He also assists other attorneys in connection with securities investigations and lawsuits.  From 1984 to 2006, Stephen served as General Counsel and Executive Vice President of Bear Stearns Asset Management and, from 2006 through 2009, as a Senior Vice President of D. E. Shaw & Co. In 2012, he became a senior adviser to the boutique law firm of Tjong & Hsia. Stephen began his legal career at Willkie Farr & Gallagher in 1980.  On his blog, Around Wall Street, Stephen focuses attention on the legal implications of important market and regulatory developments in the financial services industry.
 
 This article originally appeared on aroundwallstreet.com, Monday, June 3, 2013. http://aroundwallstreet.com/2013/06/hedgefunders-in-the-hoosegow/ 


Jeff Grant, JD, M Div
Director, Progressive Prison Project
Greenwich, Connecticut

Assoc. Minister/
Director of Prison Ministries
First Baptist Church of Bridgeport
126 Washington Avenue, 1st Fl.
Bridgeport, Connecticut 06604

(203) 339-5887
jgrant3074@icloud.com
jg3074@columbia.edu