Locking Up Profits in Private Prisons

Source:  By Rich Duprey, Motley Fool, August 25, 2009

 

..... Crime remains a growth industry, but the correction industry has enjoyed some phenomenal growth, too, which ought to seize investors' enthusiasm. CCA shares have almost doubled over the past six months, while Geo is up 44% and Cornell 43%..... A difficult recession; budgetary constraints by local, state, and federal authorities; no end to the supply of "guests;" and cost savings offered by the for-profit proprietors all point to the possibility that investors could lock up good, long-term returns with these companies.

 

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Book of the Month


Healing Together: The Labor-Management Partnership at Kaiser Permanente

by Thomas A. Kochan; Adrienne E. Eaton; Robert B. McKersie; Paul S. Adler



Kaiser Permanente is the largest

managed care organization in the

country. It also happens to have

the largest and most complex

labor-management partnership

ever created in the United States.

This book tells the story of that

partnership-how it started, how it

grew, who made it happen, and

the lessons to be learned from its

successes and complications.

With twenty-seven unions and

an organization as complex as

8.6-million-member Kaiser

Permanente, establishing the

partnership was not a simple

task and maintaining it has

proven to be extraordinarily

challenging.





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