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A Wall Street giant,
Corrections Corporation of America, the nation’s largest operator of for-profit prisons, has sent letters recently to 48 states offering to buy up their prisons as a remedy for “challenging corrections budgets.” In exchange, the company is asking for a 20-year management contract, plus an assurance that the prison would remain at least 90 percent full.
INFO:
http://www.disinfo.com/2012/02/private-prison-corporation-offers-to-buy-48-states-prisons/