www.texasprisonbidness.org
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- Founded:
- March 2007
In a prime example of how entrepreneurial corrections can skew decisions about jail policy, Cameron County has decided to move 100 of its local inmates over 3 hours away to a private jail outside Corpus Christi. The reason? County officials want to ensure they have enough space to house federal d...
The Corrections Corporation of America (CCA) held its latest investor call earlier this month. There were no big surprises on the call except that the company reported on how changes at the T. Don Hutto facility were impacting CCA’s bottom line. W...
Recently, a reader asked us what the latest prison numbers are for Texas and the nation. The Sentencing Project (disclaimer – these people pay me every few weeks) provides the latest numbers on their website and has a nice overview here. From TSP: Total U.S. pr...
Emily Ramshaw at the newly-launched Texas Tribune has a series of three stories this week on the state of health care and mental health care in private immigrant detention centers in south Texas, including the GEO Group's South Texas Detention Center in Pearsall and MTC's Willacy County "Tent City"...
The GEO Group has pulled out of a contract to operate a Beaumont jail, according to KBMT ("Downtown Beaumont Jail Shuts Doors, Temporarily," November 12)The private company that operated a downtown Beaumont jail facility has ended it's contract with Jefferson County.Officials say the facility has...
The Colbert Report took on Arizona's proposed prison privatization earlier this month in his section titled The Word. Take a look:The Colbert ReportThe Word - The Green Mile, November 3, 2009
Texas Prison Bid'ness 's feed: Texas Prison Bid'ness
The GEO Group's 2009 Q3 Conference Call Tells of Vacancies and Sale/Leaseback Initiatives
The GEO Group recently held their Quarter 3 investor conference call for the year. As usual, the call started off with the basic financial information. Their quarterly revenue went up from last quarter, $276 million to $295 millio...n, with a projected Q4 revenue of $313-318 million. However, their...
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See MoreThe GEO Group recently held their Quarter 3 investor conference call for the year. As usual, the call started off with the basic financial information. Their quarterly revenue went up from last quarter, $276 million to $295 millio...n, with a projected Q4 revenue of $313-318 million. However, their...
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The GEO Group recently held their Quarter 3 investor conference call for the year. As usual, the call started off with the basic financial information. Their quarterly revenue went up from last quarter, $276 million to $295 million, with a projected Q4 revenue of $313-318 million...
Texas Prison Bid'ness 's feed: Texas Prison Bid'ness
Breakout at CEC's Kinney County Detention Center
On October 23rd, an inmate escaped from Community Education Centers' (CEC) Kinney County Detention Center in Brackettville, TX. The inmate, Manuel Guardiola, is an alleged member of the Mexican Mafia who bribed the facility's guards in order to escape. With Brackettville...'s location about 30 mile...
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See MoreOn October 23rd, an inmate escaped from Community Education Centers' (CEC) Kinney County Detention Center in Brackettville, TX. The inmate, Manuel Guardiola, is an alleged member of the Mexican Mafia who bribed the facility's guards in order to escape. With Brackettville...'s location about 30 mile...
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Southwestern Correctional's Burnet County jail drew a fairly sharp rebuke from Texas Commission on Jail Standards' head Adan Muñoz for apparently not providing medical care to a pregnant inmate, amongst other problems. According to a KXAN story ("Surprise jail visit uncovers new issues," October 2...
On October 23rd, an inmate escaped from Community Education Centers' (CEC) Kinney County Detention Center in Brackettville, TX. The inmate, Manuel Guardiola, is an alleged member of the Mexican Mafia who bribed the facility's guards in order to escape...
Texas Prison Bid'ness 's feed: Texas Prison Bid'ness
Hedge Fund Manager recommends buying CCA Stock
William Ackman William Ackman of Pershing Square, L.P. recommended investing in the Corrections Corporation of America (CCA) at the fifth annual Value Investing Congress (VIC). According to Forbes.com ("Jailhouse Shock, Looking to cash out? Hedge fund manager Bill ...Ackman sees big bu...
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See MoreWilliam Ackman William Ackman of Pershing Square, L.P. recommended investing in the Corrections Corporation of America (CCA) at the fifth annual Value Investing Congress (VIC). According to Forbes.com ("Jailhouse Shock, Looking to cash out? Hedge fund manager Bill ...Ackman sees big bu...
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William Ackman William Ackman of Pershing Square, L.P. recommended investing in the Corrections Corporation of America (CCA) at the fifth annual Value Investing Congress (VIC). According to Forbes.com ("Jailhouse Shock, Looking to cash out?...
Texas Prison Bid'ness 's feed: Texas Prison Bid'ness
Coastal Bend Detention Center Passes Round Two of Inspection
Last Monday the Coastal Bend Detention Center had its second round of inspection after failing the first on 17 counts of noncompliance. Within thirty days of failing the first inspection and facing the threat of closure, LCS Corrections got their act together... ("Private Robstown prison passes sta...
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See MoreLast Monday the Coastal Bend Detention Center had its second round of inspection after failing the first on 17 counts of noncompliance. Within thirty days of failing the first inspection and facing the threat of closure, LCS Corrections got their act together... ("Private Robstown prison passes sta...
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Last Monday the Coastal Bend Detention Center had its second round of inspection after failing the first on 17 counts of noncompliance...
