Articles tagged with: John D. Ferguson
Detention, Enforcement, Policy »
Corrections Corporation of America’s share prices sunk Tuesday after it announced lower earnings than expected in its annual report, but executives said they are “bullish” about the leading private prison provider’s long term future. Even as states cut their corrections budgets, immigrant detainees will provide CCA a steady source of income.
“The detainee growth will come from lots of sources,” CCA CEO John Ferguson told analysts during a telephone conference call. “So there is no reason to believe that these populations won’t just creep up over time.”
The current budget for Immigration …