Bailing Out Private Jails.
American Prospect, The, September, 2001 by GREENE, JUDITH
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The abuse-ridden for-profit prison industry is on the verge of bankruptcy. But the feds are jumping to the rescue by providing even more business.
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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 companies to handle the growing multitudes being sent to prison under the new, more severe sentencing laws. But then reality set in: accumulating press reports about gross ...
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