Obama aims to end use of private federal prisons
The Obama administration will phase out contracts with private prisons after an audit found higher safety and security problems than government facilities. With federal inmate numbers falling, the Justice Department says contracts should not be renewed or should be substantially reduced. Private operators Corrections Corporation of America, GEO Group Inc., and Management and Training Corp. saw stock declines as the move unfolds.
MENTIONED IN THIS ARTICLE
Obama
Washington
Justice Department
Sally Yates
Federal Bureau of Prisons
Yates
Inspector General
Corrections Corporation of America
GEO Group Inc
Management and Training Corp
Corrections Corp
Geo Group
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