×
You've used up your 3 free articles for this month. Subscribe today.
Banks Profit from Loans to Private Prison Industry
Loaded on July 28, 2017
by Derek Gilna
published in Prison Legal News
August, 2017, page 48
Filed under:
Corrections Corporation of America/CoreCivic,
GEO Group/Wackenhut,
Cost of Prison Systems.
Location:
United States of America.
by Derek Gilna
Corrections Corporation of America (CCA), now known as CoreCivic, and GEO Group (GEO), the two largest private prison companies, are major profit-generators for six U.S. banks – Bank of America, JPMorgan Chase, BNP Paribas, SunTrust, U.S. Bancorp and Wells Fargo – according to a report issued by ...
Full article and associated cases available to subscribers.
As a digital subscriber to Prison Legal News, you can access full text and downloads for this and other premium content.
Already a subscriber? Login
More from this issue:
- Banks Profit from Loans to Private Prison Industry, by Derek Gilna
- Florida: Trio of Con Artists Sentenced in Rule 35 Sentence Reduction Scam
- Study Finds Extreme Lack of Gender, Racial/Ethnic Diversity in State Courts, by Derek Gilna
- Seventh Circuit Reinstates Indiana Prisoner’s Lawsuit, Holds Prison Officials Prevented Him from Pursuing Grievances, by Lonnie Burton
- Denial of FOIA Request for Complaints Against Immigration Judges Reversed, by Christopher Zoukis
- Fourth Circuit Rules Lawsuit over Inadequate Prison Food Not Barred by Res Judicata, by Lonnie Burton
- Ethics Rule Requiring Post-conviction Disclosure of Exculpatory Evidence Adopted in North Carolina
- Use of Electronic Monitoring Skyrockets, by Christopher Zoukis
- Nebraska Supreme Court Holds Reporter Can’t See Executed Prisoner’s Drawings, by Christopher Zoukis
- Seventh Circuit: Two-month Delay in Ordering Biopsy Not Deliberate Indifference, by Christopher Zoukis
- Tennessee Sheriff Settles Lawsuit over Religious Proselytization
- Unlikely Criminal Justice Reform: How New York City Reduced Arrests and Slashed Prisoner Populations, by Lonnie Burton
- United Kingdom: 80% of Prisoners Aspire to be Entrepreneurs, Opportunity Fund Helps
- Man Smuggles Poison into Jail, Commits Suicide Following Arrest for Failure to Pay Ambulance Bill
- Fourth Circuit Clarifies Rights of Pretrial Detainees; $35,000 Settlement on Remand, by Christopher Zoukis
- Consensual Use of Another Prisoner’s Telephone PIN is Not Oregon ID Theft
- Seventh Circuit: Medical Deliberate Indifference Case Remanded, Loses at Trial, by Christopher Zoukis
- Dismissal of Personal Injury Claim for Damages from Malfunctioning Jail Gate Upheld
- Private Prison Firms Spend Billions of Taxpayer Dollars Acquiring Other Companies, by Christopher Zoukis
- Ohio Prisoners Build Computers from Spare Parts, Conceal them in Ceiling
- Illinois: Prison Guards Sued for Fatally Beating, Suffocating Prisoner, by Lonnie Burton
- Fourth Circuit Reverses Judgment in Favor of BOP in Deliberate Indifference Case, by Christopher Zoukis
- Tennessee Sheriff Pleads Guilty to Sexual Misconduct, Excessive Force Charges
- Alaska Prisoner Deaths Criticized in Report, Author Becomes New DOC Commissioner
- Report: “Culture of Racism,” Frequent Use of Force at Northern California Prison, by Lonnie Burton
- New York: Police Department Ordered to Produce Police Manual in Parolee Shooting Case, by Christopher Zoukis
- California Court Vacates Prison Infraction Charging Prisoner for Refusing Meals, by Lonnie Burton
- Disability Rights Group Slams Mental Health Program at New York State Prison, by Derek Gilna
- Nevada DOC Moves to End Discrimination against HIV-positive and Disabled Prisoners, by Matthew Clarke
- California Lifers with Possibility of Parole Entitled to SOL Tolling
- Policing for Profit: Law Enforcement Agencies Abuse Civil Asset Forfeiture, by Matthew Clarke
- South Carolina Appellate Court Upholds Prisoner’s Wage Suit, by Derek Gilna
- Widespread Abuses at Santa Clara County Jail; Three Guards Convicted of Murder, by Lonnie Burton
- Illinois Prisoner Fatally Shot after Standoff; Hostages File Lawsuit
- $6,500 Settlement after Ninth Circuit Reverses Summary Judgment in Retaliatory Ad-seg Case, by Lonnie Burton
- Incarceration Numbers Falling, Especially for Blacks, by Christopher Zoukis
- Ninth Circuit Reverses Revocation of Supervised Release Over Blog Post, by Christopher Zoukis
- Ninth Circuit: Warden Who Failed to Protect Female Prisoners from Sexual Assault Not Immune from Suit, by Christopher Zoukis
- Seventh Circuit Reverses Infraction for Failure to Allow Prisoner to Present Evidence, by Lonnie Burton
- California Appellate Court Reinstates Prisoner’s Mandamus Action Against CDCR, by Derek Gilna
- First Circuit Allows City to Include Prisoners in Census Counts, by Derek Gilna
- Eighth Circuit Rejects Qualified Immunity on Inadequate Nutrition Claim
- PLN Obtains $50,000 Settlement in Tennessee Jail Censorship Suit
- Texas Prisoner was Emaciated and Sick when Killed by Cellmate
- Supreme Court Lets Prosecutors Off the Hook for Withholding Evidence, by Derek Gilna
- Arkansas Prisoner’s Illegal Sentence Remanded Despite Filing Wrong Challenge
- Suicide at Texas Jail Results in Firings, Lawsuit, Investigation and Legislation, by Matthew Clarke
- Tenth Circuit Remands Two-year Sentence for Federal Probation Violation, by Christopher Zoukis
- Washington State Mental Health Agency Held in Contempt; $14 Million in Fines Levied, by Derek Gilna
- One of Tennessee’s Most Pristine Rivers Contaminated with Prison Sewage, by Panagioti Tsolkas
- Forced to Endure Extreme Heat, Prisoners are Casualties of Texas’ Climate Denial, Documents Show, by Candice Bernd
- Ohio Closes Prison Farms, Auctions Equipment, Plans to Sell Farmland, by Matthew Clarke
- From the Editor, by Paul Wright
- Breaking News: U.S. Attorney General Reinstates Federal Asset Forfeiture Sharing, with Conditions, by Derek Gilna
- News in Brief
More from Derek Gilna:
- Federal Judge in Louisiana Issues Sweeping Opinion Finding Numerous Eighth Amendment, ADA and RA Violations at Angola, April 1, 2022
- Human Rights Defense Center Prevails in Censorship Lawsuit Against Napa County Jail, California, Sept. 1, 2021
- California State Auditor’s Report Faults Counties for Waste and Poor Oversight of State Funds Used in “Public Safety Realignment”, Sept. 1, 2021
- The Fight Over Cellphones in Prisons Rages On, Sept. 1, 2021
- District Court Extends Armstrong Order to Five Additional California Prisons, Sept. 1, 2021
- HRDC Settles Censorship Lawsuit with Johnson County, Kansas Jail for $50,000 and Policy Changes, Aug. 1, 2021
- Virginia Prosecutors to Dismiss 400 Drug Convictions Tied to Disgraced Cop, July 15, 2021
- Discredited New York Police Detective’s False Testimony Causes the Dismissal of Close to 100 Drug Convictions, June 15, 2021
- D.C. Department of Forensic Sciences Firearms Examination Unit Under Fire, April 15, 2021
- Mississippi Joins Illinois and Few Other States Prioritizing Vaccination of State Prisoners to Slow Spread of COVID-19, April 1, 2021
More from these topics:
- Trump’s “Border Czar” Was on GEO Group Payroll, July 15, 2025. GEO Group/Wackenhut, Misconduct/Corruption, Detention - Generally.
- Missouri Repeals “Pay-to-Stay” Law, May 1, 2025. Cost of Prison Systems, Costs, Ability to Pay.
- CoreCivic Will Cage Migrant Families in Texas Lockup, April 1, 2025. Corrections Corporation of America/CoreCivic, Enforcement of Immigration Laws, Immigration Law/Offenses.
- TDCJ to Run Out of Beds in 2025, April 1, 2025. Cost of Prison Systems, Overcrowding, Staffing.
- GEO Group Gets $1 Billion ICE Contract at New Jersey Lockup, April 1, 2025. GEO Group/Wackenhut, Enforcement of Immigration Laws, Detention - Generally.
- U.S. Justice Department Investigating Tennessee CoreCivic Prison After Mother of Murdered Prisoner Reaches Settlement, March 1, 2025. Corrections Corporation of America/CoreCivic, Prison/Jail Murders, Staffing, Settlements, Wrongful Death.
- Prison Profiteers Ready to Help Trump Make Good on Deportation Threats, Feb. 15, 2025. GEO Group/Wackenhut, Government Misconduct, Deportation/Removal/Exclusion, Police/Govt Misconduct.
- Kentucky’s Failure to Timely Release Prisoners Costs Taxpayers $30 Million (So Far), Dec. 15, 2024. Cost of Prison Systems, Overdetention, Post-release, ex-offender, re-entry.
- GEO Group Just Wants to Be a Landlord for Oklahoma DOC, Dec. 15, 2024. GEO Group/Wackenhut, Cost of Prison Systems, Rural Prisons, Fines.
- Tennessee Attorney Sues Federal Court Over Gag Order in CoreCivic Suit, Dec. 15, 2024. Corrections Corporation of America/CoreCivic, Attorneys, Gag Order.