Now is the best time since 2016 to invest in private prisons, says Wall Street
Stocks in CoreCivic and GEO Group have fallen about 35 percent since June. But business is looking up.
October 2019
In the Public Interest
Democracy, shared prosperity, and the common good
In the Public Interest is a comprehensive research and policy center on privatization and responsible contracting.
In the Public Interest
Democracy, shared prosperity, and the common good
In the Public Interest is a comprehensive research and policy center on privatization and responsible contracting.
Guide: CoreCivic and GEO Group’s push for public-private partnerships in building prisons
We're concerned that private prison corporations are actively pushing governments to consider the use of private financing. Here's why.
January 2018
Statement on Justice Department private prisons announcement
If private prison companies have their way, poor and working families will be broken up and communities will be further devastated, and already rich executives and shareholders will profit even more.
February 2017
Featured Article
Report: The Banks That Finance Private Prison Companies November 2016Featured Article
Buying Influence: How Private Prison Companies Expand Their Control of America’s Criminal Justice System October 2016The Private Prison Industry Has a Backup Plan
Private prison companies are finding new ways to profit from mass incarceration beyond operating facilities.
September 2016
Featured Article
Fact Sheet: GEO Group and Corrections Corporation of America Spend Billions of Taxpayer Dollars Purchasing Smaller Companies September 2016U.S. DOJ Says It Will End Use of Private Prisons
The U.S. Department of Justice (DOJ) has announced they plan to end the use of privately operated, for-profit prisons to incarcerate federal prisoners.
August 2016
For Private Prison Companies, There’s No Value in an Empty Prison
A private prison in rural New Mexico won't close until October, but the company that owns it is already shopping it to other government customers.
August 2016
Featured Article
Fact Sheet: Private Prison Companies Encourage Mass Incarceration by Owning Facilities July 2016It’s Been a Rough Few Weeks for the Private Prison Industry
In the past few weeks we’ve taken big steps towards getting our money back from the shareholders, executives, and Wall Street banks that profit from mass incarceration.
July 2016
Featured Article
Research Brief: How Private Prison Companies Increase Recidivism June 2016Featured Article
Cutting Corners in America’s Criminal Justice System April 2016What Efficiency Really Looks Like in Prisons
In a drive for profit, private corrections companies like Aramark routinely cut corners to lower costs.
April 2016