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Articles by Casey Tolan

We found 1 results.

Private Prisons’ New Plan to Cover Losses Involves More Immigrants in Detention Centers
Casey Tolan | Fusion – TRANSCEND Media Service, 7 Nov 2016

Executives from the two biggest private prisons in the USA told investors Thursday [3 Nov] they saw a major growth opportunity in detaining those immigrants. The GEO Group and CoreCivic both reported higher-than-expected profits due to Immigration and Customs Enforcement detaining more people. “There has been an overreaction in the market to the long-term viability of our business,” CoreCivic CEO Damon Hininger said.