Private Prison Stocks Soar As Companies Cash In On Incarcerated Immigrants

September 2, 2014
Think Progress

One ICE official told KUT News that the agency had no choice in picking GEO because they had a contract with the county, which then subcontracted to GEO. Bob Libal of Grassroots Leadership said subcontracting is one of the strategies private prison firms use to keep making money despite their negative reputations.

GEO has faced continuous allegations of malfeasance at its facilities, including legal violations and inmate abuse. One federal judge found that GEO “allowed a cesspool of unconstitutional and inhuman acts and conditions to germinate” at one Mississippi facility for juveniles. Because the firms are profit-driven, they have an incentive to cut corners on the care of their inmates and detainees to save money. They have also lobbied heavily for policies that serve their interests.