Dialing Dungeons for Dollars
Prison Realty
publicly traded
on the New York Stock Exchange under the symbol PZN
The good news is:
Corrections Corporation of America increased its inmate mandays by
12% From 15.1 million in 1998 to 16.9 million in 1999. A manday is one
inmate held for one day for which the company bills government a per
diem. The increase in mandays in 1999 led to a 19% increase in CCA’s
revenues for the year to $787 million
Then there is Wackenhut Wackenhut Wackenhut Wackenhut
underwritten by Prudential Securities