20 hrs ago
Getting Rich By Locking Up Grandpa
Well, that didn't take long. Within just a few months of Kentucky cutting its ties with the country's biggest for-profit prison company, the Corrections Corporation of America has hit back with its latest sinister scheme to turn tax dollars into shareholder returns.
Trending on the Topix Network
Thu Mar 13, 2014
Stocks: Insiders Buy at Opko Health, Keurig Green Mountain, and RadioShack
Welcome to our daily roundup of top insider trades. Here's a look at the most significant inside purchases recently filed with the SEC.
Wed Mar 12, 2014
Insider Buying: Thurgood Marshall, Jr. Buys 7,200 Shares of Corrections Corp Of America Stock
Corrections Corp Of America Director Thurgood Marshall, Jr. acquired 7,200 shares of Corrections Corp Of America stock in a transaction dated Monday, March 10th.
House adds nursing home for felons to Kentucky budget; likely location is in Stumbo's district
Kentucky might soon open a nursing home for elderly felons in House Speaker Greg Stumbo's Eastern Kentucky district, even though the state Department of Corrections hasn't requested such a facility.
Tue Mar 11, 2014
The Miami Herald
Prison company wants lawsuit held during FBI probe
Private prison company Corrections Corporation of America is asking a federal judge to put an Idaho lawsuit on hold while an FBI investigation into the company is underway.
The Bennington Banner
FBI investigates Idaho prison run by Corrections Corporation of America
The FBI is investigating Corrections Corporation of America after its Idaho prison was so violent inmates dubbed it "Gladiator School," according to a report by the Associated Press.
Mon Mar 10, 2014
FBI takes over investigation of CCA prison
The FBI is now investigating Nashville-based Corrections Corporation of America over its understaffing of Idaho's largest prison and covering it up.
Fri Mar 07, 2014
FBI investigates Corrections Corporation of America -- a privately owned prison company
The FBI has launched a criminal investigation into private prison company Corrections Corporation of America which ran what Idaho inmates called "Gladiator School" because of a violent reputation they say understaffing helped create.
KBCI CBS 2
FBI investigating Idaho criminal investigation into CCA
The FBI has taken over the Idaho criminal investigation into private prison company Corrections Corporation of America.
Thu Mar 06, 2014
Insider Selling: Corrections Corp Of America Director Sells 30,102 Shares of Stock
Corrections Corp Of America Director John R. Prann, Jr. sold 30,102 shares of the stock on the open market in a transaction that occurred on Wednesday, March 5th.
Tue Mar 04, 2014
Murder suspect said he did not intend to kill fellow inmate
When murder suspect Richard Stahursky appeared before a corrections officer holding shanks in bloody hands, he told her he needed to be cuffed, according to an affidavit filed in Knox County Superior Court.
Bill protects taxpayers from government contractors
All over the country, cash-strapped state and local governments have handed over control of critical public services and assets to corporations backed by Wall Street banks that promise to handle them better, faster and cheaper.
Mon Mar 03, 2014
CCA Blocks Resolution Aimed at Lowering Cost of Phone Calls Between Inmates and Their Families
Corrections Corporation of America, the nation's largest for-profit prison company which is headquartered right here in Nashville, has successfully blocked a shareholder resolution which supporters say was aimed at lowering the cost of phone calls between inmates and their families on the outside.
SR: Is Idaho Soft On Crime?
Is Idaho soft on crime? It appears so in the case of the Tennessee contractor that failed to adequately staff a prison, and tried to cover it up.
Sat Mar 01, 2014
The Motley Fool
Will Marijuana's Decriminalization Ruin This Company?
Bob Dylan once sang, "Oh, the times they are a-changin'." While these lyrics are not directly tied to marijuana -- although Mr. Dylan has certainly written many on the subject -- they are certainly apt when you consider America's attitude toward pot.
Fri Feb 28, 2014
Idaho Democrats ask FBI to investigate prison company
Idaho's top Democratic lawmakers have asked the FBI to investigate private prison company Corrections Corporation of America for possible criminal wrongdoing at the state's largest prison.
Wed Feb 26, 2014
Idaho agencies refuse to discuss CCA settlement
Idaho's settlement with private prison company Corrections Corporation of America releases the company from all liability connected to the understaffing at the prison south of Boise, as well as any liability stemming from staffing issues not yet discovered.
Mon Feb 24, 2014
The private prison racket
In October, when California Governor Jerry Brown signed a new contract with Corrections Corporation of America, a Nashville-based private prison behemoth, to open a prison in the desert 100 miles north of Los Angeles, onlookers might've wondered if he'd been following the news.
Ky. prison with Vt. inmates no longer locked down
Vermont Department of Corrections Commissioner Andy Pallito says the modified lockdown at a Kentucky facility housing Vermont inmates has ended but there are plans to increase inmate monitoring.
Thu Feb 20, 2014
CCA Declares Quarterly Cash Dividend of $0.51 per Share
Damon Hininger, President and CEO of CCA, said, "We are very pleased to increase our quarterly cash dividend by 6.25% to $0.51 per share, or $2.04 per share annually.