Hints and tips:
...Private prisons house 8.6 per cent of the 2.3m people locked up in America, according to the Prison Policy Initiative....
...CCA is the largest owner of private correctional facilities....
...For most of the past decade, Corrections Corp of America and The Geo Group, the big publicly listed private prison operators, profited from both, outperforming the S&P 500 and — after they converted to real...
...The news ignited a fierce sell-off in the shares of Corrections Corp of America and the Geo Group, which nose dived by 48.2 per cent and 44.7 per cent, respectively....
...“Any changes with respect to…illegal immigration could affect the number of persons arrested, convicted, and sentenced, thereby potentially reducing demand for correctional facilities to house them,” CCA...
...Companies interested in moving into the rehabilitation and prisoner reoffending fields include G4S, which is set to take over a public prison, Serco, Sodexho and the Geo Group, the US correctional services...
...Some 92 per cent of banks say they will accept CSAs and CCAs in a year’s time, up from just 50 per cent now....
...America’s lock ’em up approach to criminality is no laughing matter. Unless, of course, you are a publicly-listed prison company....
...By then a Lieutenant Colonel in the Marine Corps reserves, Stone received his doctorate two weeks before September 11....
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