After spending 21 years in prison, Thomas Edwards was released and enrolled in a parolee program backed by noted private equity investor Chris Flowers. The two share their respective stories with Privcap and explain why they advocate on behalf of the many people who struggle to reintegrate into society after being released from prison. Learn more about the Harlem Parolee Initiative here.

Via Privcap

Chris Flowers: ‘He Graduated From Harvard, I Robbed A Bank’


“He Graduated From Harvard, I Robbed a Bank”

With Chris Flowers of J.C. Flowers and  Thomas Edwards of the Harlem Parolee Initiative

David Snow, Privcap: Today, we’re joined by Chris Flowers of J.C. Flowers & Company and Thomas Edwards of the Harlem Parolee Initiative. Gentlemen, welcome to Privcap. Thanks for being here.

Unison: Thank you. Thanks for having us.

Snow: We’re talking about a very important subject, which is the huge population of people in the U.S. who are formerly incarcerated and who are often facing challenges in re-integrating themselves into society. Both of you are working on, or a part of, an initiative to help people in the New York area succeed after being in prison. I’d love to hear about how you two met and how you know each other. A good place to start would be Thomas telling us about your background and what led you to the Harlem Parolee Initiative.

Thomas Edwards, Harlem Parolee Initiative: It’s ironic that Chris and I, as different as we are and from different worlds, we share a connection in starting our financial careers around the same time. He graduated from Harvard. I robbed a bank and went to prison. So that’s our connection and now we’re working on a common cause.

Snow: Talk about where you most recently spent 21 years, correct?

Edwards: I was in New York State prisons. I spent time in Sing Sing, Attica, Auburn and a number of other prisons. I was convicted of felony murder and robbery—a bank robbery that went wrong and a police officer inadvertently shot a bystander. I was sentenced to 21 years to life. But I wasn’t a victim. I was definitely fortunate to go to prison because two people died that day and that’s what led me to prison.

Snow: Talk about growing up and some of the challenges you faced.

Edwards: It’s a story that’s played out time and time again. I come from an abusive home—an abusive stepfather, a mother who was challenged with some things—and I spent a lot of time in the street. I learned lessons there. [At] 3:00 or 4:00 in the morning, they had no doctors, no social workers out. You’re going to find a con man, armed robbers and prostitutes; those are the people who embraced and taught me things and I grew up with that lifestyle. By 17, I was robbing banks and by 20, I was in prison for bank robbery the first time, where the guy—my crime partner and friend—was shot and killed.

When I went to prison, what I did was not think about not robbing banks again. What I thought about was not getting caught again. It was a lifestyle I embraced. I made choices too young, but they were still my choices. And that’s what led me to continue that lifestyle.

Snow: Chris, talk a bit about how this issue came to your attention and held itself forth as something you’d like to get involved with.

Chris Flowers, J.C. Flowers & Company: David, we’ve been involved in charitable activities through our foundation for many, many years. And one thing we try to do is to think about big, global issues where maybe we can make a difference but also think about things right here at home, in our own backyard. For a long time, we’ve been involved in the prisons in New York State and [with] parolees who come out of prison with a number of programs seeking to improve their chance and their lot in life. It’s not a particularly glamorous or popular cause, but we’ve found it to be a very rewarding one.

Snow: People who have been in prison often go back to prison and it’s largely because they lack the resources and guidance to stay mainstream, correct?

Chris Flowers: I think there are a lot of reasons why and you’ve heard some of Thomas’ background. It’s amazing, frankly, that Thomas is sitting here with us today, given some of the things he’s been through. But one thing we learned, which is part of this program we’re involved in right now, is that number one, not surprisingly, the [riskiest] times are right when you get out. The first 90 days when you get out. Jobs, housing, substance issues—that’s one thing.

The other thing you might not imagine but is true is that the prison system and the parole system are completely separate. So you leave A, you go to B. It might seem the same to Thomas, but it’s two completely different bureaucracies. And trying to bridge that gap is one place where we thought we could make a difference.

Snow: Thomas, after spending 21 years in prison, you were released 14 month ago, correct?

Edwards: Right.

Snow: What   have   been   the   challenges   or,   initially,   what   were the challenges of coming back to society?

Edwards: I   think   Chris   hit   on   the   big   ones:   definitely   housing     and employment. I was in prison 21 years. It wasn’t like I had built up a resume that someone wanted to hire me and was just re-­? acclimating myself in society. Number one, I wasn’t only away   for

21 years, I was away longer than that because I lived in a subculture. I wasn’t part of mainstream America, so it was a different lifestyle to come home and try to find a job. I mean, have you ever been arrested? Of course, I have and that turns an employer off.

So there was a number of challenges. Housing is one of the big ones, because if you can’t be stable, if you can’t be comfortable where you life, it creates certain issues. A lot of guys go back to what they know in order to make things better. That’s why these programs are so important because they give you the resources. Maybe they won’t find you place to live, but maybe they give you pause to think about how best to create such a resource.

Snow: Talk   about   the   Harlem   Parolee   Initiative.   How   did   you get connected with that and what sort of resources were made available to you?

Edwards: When I got into the program, I wasn’t working at the time. I was pretty much drifting around. I had went on a few interviews. I would sit in the park thinking about what I should do. I was fortunate that I had changed my pattern of thinking prior to coming home, so that wasn’t an issue for me, but I needed something to do and to be a part of and that became a source of peace. A place to go, a connection to [something]. I had no idea that it would grow into what it grew into for me. But

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