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GEO Group Buys Out Correctional Services Corporation by In November 2005, GEO Group, the second-largest private prison company in the U.S., finalized its purchase of the Sarasota, Florida-based Correctional Services Corporation (CSC) for $6 a share -- a total of $62 million in cash -- and the assumption of $124 …
Article • November 15, 2005 • from PLN November, 2005
Higher Property Tax Collections Permit 25% Growth Of Los Angeles County Jail Capacity by by John E. Dannenberg A six percent increase in property tax collections due to soaring real estate prices will add an estimated $150 million to Los Angeles County coffers in the coming year. County supervisors have …
Private Prison Contractor Donates $10,000 to Governor's Fund; Gets $20 Million California Contract Two Months Later by Private Prison Contractor Donates $10,000 to Governor's Fund; Gets $20 Million California Contract Two Months Later With the appearance of a stunning return on investment, GEO Group, a Florida-based private prison contractor, won …
Private Prison Firm Donates $53,000 to California's Governor Schwarzenegger by Private Prison Firm Donates $53,000 To California's Governor Schwarzenegger by Marvin Mentor Newly-elected Governor Arnold Schwarzenegger, who boasted during his campaign that he "couldn't be bought," accepted $53,000 in November, 2003 from Wackenhut Corrections Corp., a Boca Raton, Florida-based private …
CCA Finally Loses Contract at Mismanaged Tulsa Jail by by Matthew T. Clarke For years the Sheriff of Tulsa County, Oklahoma, Stanley Glanz, has been telling anyone who would listen that he, not CCA, should be running the county jail. Now, after five years of CCA mismanagement, he may finally …
Controversy and Lawsuits Surround South Texas Private Prison Deals by by Matthew T. Clarke Cotulla, a south Texas town known or the illegal drug-sting convictions of a quarter of its African-American citizens, now has a new claim to infamy -- private prison scams. Cotulla, population 3,000, is the county seat …
CCA Closes Oklahoma Prison, Settles Tax Lawsuit Over Ohio Prison by Michael Rigby The turbulent economy of the past decade has led many communities across America to foolishly seek prisons as a recession proof industry and rural welfare program for poor whites. But prisons can be a double edged sword, …
Cornell Company - The Prison Industry's Enron by Gary Hunter It was not an earthshaking day when Cornell Corrections was founded in 1991. It was more like a pebble plummeting over a cliff, leading to a landslide of greed and corruption. Backed by Dillon Read Venture Capital, David Cornell's callous …
DeLay/TRMPAC Indictments Include Cornell Contributions by by Matthew T. Clarke On September 21, 2004, a Travis County, Texas, grand jury handed down 33 felony indictments against people and corporations associated with Republican U. S. House of Representatives Majority Leader Tom Delay and the Texans for a Republican Majority Political Action …
Court Reporter Jailed for Botching VitaPro Trial Transcripts; Convicted Prison Chief Still Free by The latest development in the unsavory Texas VitaPro scandal is the jailing of a court reporter for botching the transcripts in the VitaPro trial. In 1995, George W. Bush was the governor of Texas and James …
Kansas Sheriff, Lawyer, Jailed for Sweetheart Jail Contract by Negotiating their way out of 21 felony bribery charges, a former Kansas sheriff and a lawyer-cum-executive for a private prison contractor each pled guilty to two misdemeanor counts of conflict of interest on December 18, 2002, getting only one year in …
Mississippi Pays $6 Million for Empty Prison Bunks by Mississippi Pays $6 Million For Empty Prison Bunks by Matthew T. Clarke In a highly politicized move, the Mississippi Legislature passed a budget paying Wackenhut Corporation (WC) and Corrections Corporation of America (CCA) millions of dollars for unneeded private prison bunks, …
CCA Pays $54 Million to IRS and Settles Gender Discrimination Complaint by On October 28, 2002, Corrections Corp. of America, (CCA) settled its 1997 federal taxes after an audit by the Internal Revenue Service for the sum of $54 million. The IRS challenged the validity of the tax deductions that …
Article • October 15, 2002 • from PLN October, 2002
Danish Security Firm Buys Out the Wackenhut Corporation by Danish Security Firm Buys Out The Wackenhut Corporation In 1954, former FBI agent George Wackenhut and three FBI buddies formed a private detective firm in Miami. In 1955, the firm moved into the security guard business after winning a contract with …
News in Brief by Roger Hummel Alaska: On April 11, 2002, Cynthia Cooper, the head prosecutor in the state attorney general's office, resigned after being judicially admonished for pursuing felony charges against a public defender who crashed his car into a light pole. Anchorage prosecutors had agreed to a misdemeanor …
Bailing Out the Private Prison Industry by Judith Greene The private-prison industry is in trouble. For close to a decade, its business boomed and its stock prices soared because state legislators across the country thought they could look both tough on crime and fiscally conservative if they contracted with private …
Article • April 15, 2002 • from PLN April, 2002
Wackenhut Searches for New Business by Wackenhut Searches For New Business In the 1990s, states couldn't build prisons fast enough. To keep up with the ever-increasing number of prisoners, many states turned to private prison companies like Wackenhut Corrections, Corrections Corporation of America, and Cornell Corrections. But the prison-building boom …
Mississippi Taxpayers Fund Welfare Payments to Private Prisons by Ronald Young Mississippi Taxpayers Fund Welfare Payments To Private Prisons by Ronald A. Young Mississippi taxpayers will pay about $6 million a year to private and regional prisons for "ghost inmates" under a bill the legislature approved on March 26, 2001. …
Article • October 15, 2001 • from PLN October, 2001
The Prison Payoff: The Role of Politics & Private Prisons in the Incarceration Boom by by Brigette Sarabi and Edwin Bender The popularity of the term "prison-industrial complex" in recent years, and especially since the groundbreaking Critical Resistance conference in Berkeley in September 1998, has produced a few critics who …
CCA Gets Tangled in Financial Quagmire by Ronald Young CCA Gets Tangled In Financial Quagmire Corrections Corporation of America said it is contesting an $8.1 million request for payment from Merrill Lynch & Company related to its hiring of the investment firm in late 1999 for advice on a company …
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