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re: RIP $GEO
Posted on 8/19/16 at 9:21 am to foshizzle
Posted on 8/19/16 at 9:21 am to foshizzle
quote:
We were able to secure contracts with the governments of this and that to maintain their medium-security correctional facilities
I know a ton of these contracts have clauses where the state has a minimum occupancy rate which means they get paid regardless of crime levels/incarceration rate
They also make their money on treating prisoners like garbage. I'm not saying it should be a resort, but I don't think non violent criminals should be getting moldy expired meat/milk to save 5cents a day
1
Posted on 8/19/16 at 10:09 am to GenesChin
quote:
They also make their money on treating prisoners like garbage.
They also make a fortune on inmate phone calls and commissary items. The new thing is inmate email. They allow inmates to email people on their visitation lists and charge for outgoing mail like .25 for each email sent. Most of the email is screened by someone at the prison before its actually sent.
BTW CXW is already back up 11% this morning
. I knew it was a buy I got in at 17.57 at the open.This post was edited on 8/19/16 at 10:12 am
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