The Billion-Dollar Private Prison Companies Capitalizing On …

Jan 29, 2025 · In the penultimate year of Trump’s first term in 2019 they posted record revenue — $1.98 billion and $2.48 billion respectively. They made roughly the same under Biden in 2023, $1.9 billion ...

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The Billion-Dollar Private Prison Companies Capitalizing On …

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New ACLU Report Documents Destructive Impact Of Prison …

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Nov 2, 2011 · Yet the two largest private prison companies alone obtained nearly $3 billion in revenue in 2010. While evidence that privatization saves taxpayers money is mixed at best, for …

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The Punishment Economy: Winners And Losers In The ... - Prison …

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May 1, 2021 · He’s the founder of Platinum Equity, a private firm with $23 billion under management. Platinum owns Aventiv, which provides communications and funds transfer …

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Senator Bob Menendez: Top Contributors To His Legal Defense Fund

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Mar 1, 2018 · Here's a rundown of all of the top donors and some of their connections to Menendez. $205,000: Applied Cos. / Ironstate Holdings. Members of the Barry family and …

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FAQs about The Billion-Dollar Private Prison Companies Capitalizing On … Coupon?

Can private prison companies make money on Trump's deportation plans?

There are three main areas in which the private prison companies stand to make money on Trump's deportation plans, said Bianca Tylek, the founder and executive director of Worth Rises, a group that advocates against the commercialization of the criminal legal system. ...

Are prison contracts the biggest driver of profits?

But Bureau of Prison contracts are unlikely to be the biggest driver of profits for these companies. According to the Brennan Center, prison companies’ most significant contracts are with Immigration and Customs Enforcement. For example, in 2023, 43% of Geo Group’s revenue came from ICE. ...

Are private prisons in a 'off-again' situation with the DOJ?

The move isn't surprising — for a decade, private prisons have been in a bit of an on-again, off-again situation with the DOJ. The Obama administration moved to phase them out, Trump 1.0 reversed it, Biden phased them out again, and Trump has once again reversed that decision. The industry anticipated as much. ...

Are private prisons a windfall for Trump's immigration plans?

On immigration, the president is moving swiftly, cracking down on immigrants who entered the United States illegally. While all these moves have attracted copious attention, flying under the radar so far is one industry that stands to see a major windfall as Trump's plans fall into place: private prisons. ...

Are private prison companies a secret weapon?

Despite going relatively unnoticed in the opening days of the administration, private prison companies are a secret weapon for the president in his war on immigrants, and they stand to reap some major profits in the process. ...

What's new in the prison industry – mapping private sector players?

This year, the most critical innovation to The Prison Industry: Mapping Private Sector Players is the inclusion of a harm score for each publicly traded and investment firm-owned corporation. ...