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Forum Post: Ex-Con Shareholder Goes After World's Biggest Prison Corporation

Posted 6 years ago on May 10, 2012, 4:28 a.m. EST by GildasSapiens (266)
This content is user submitted and not an official statement

"Tomorrow, at the annual meeting of Corrections Corporation of America, the nation's largest private prison company, shareholder activist Alex Friedmann will have exactly two minutes to speak about the unconventional resolution he introduced earlier this year to the chagrin of CCA's board.

The resolution is unconventional because it concerns not corporate profits or dividends, but the well-being of the roughly 81,000 inmates in CCA's care. Friedmann, too, is unconventional, for although he holds just $2,000 or so worth of CCA stock, he has inside knowledge of the company's practices—because he served time at one of its prisons.

Indeed, Friedmann spent six years at CCA's South Central Correctional Facility in Clifton, Tennessee—part of his 10-year sentence for attempted murder, armed robbery, and attempted aggravated robbery. Since getting out in 1999, he has been an advocate for prisoners' rights and criminal justice reform. Now he's an editor with Prison Legal News and head of Private Corrections Institute, a nonprofit watchdog.

Friedmann's controversial resolution addresses the longstanding problem of rape in US prisons and jails. If it passes, CCA's board will have to submit twice-a-year reports to stockholders detailing the board's oversight of company efforts to curb rape and sexual abuse, and include detailed statistics on any such incidents. 'If CCA has to report this information they will have a greater incentive to reduce rape and sexual abuse because it will make the company look bad if they have very high numbers,' he says. 'And if they have to report this, the public, i.e. CCA shareholders, will be able to judge the effectiveness.'"

Read more: http://www.motherjones.com/politics/2012/05/ex-con-alex-friedmann-cca-private-prison-rape



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[-] 3 points by shadz66 (19985) 6 years ago

The War On Terror ; War On Drugs ; War On Aspirants To Social Justice ; War On Rhyme ; War On Reason - where does it all end as brutes and brutality fast becoming the order of the day ?! & ...

fiat lux et fiat justitia ...

[-] 3 points by GypsyKing (8719) 6 years ago

Prison Corporation. Just the words are chilling. Think about it. How did we ever get here?

[-] 1 points by Builder (4202) 6 years ago

Let's say the "war on drugs" is a major shareholder.

[-] 1 points by GypsyKing (8719) 6 years ago

That part was Trickey Dick Nixon's contribution. This stuff has deep roots. When a society farms out it's prison system to for-profit entities it has lost it's collective mind.

[-] 2 points by Builder (4202) 6 years ago

When a nation "farms out" torture under the guise of "extreme rendition" to countries with lax laws on same, be very cautious with your words.

I've said enough about your former admin, to never, ever set foot in one of your airports.

[-] 2 points by GypsyKing (8719) 6 years ago

Freedom ain't free.

[-] 2 points by Builder (4202) 6 years ago

I think it was yourself that gave me a link to read about the war on drugs.

The premise is based solely on hatred of non-whites.

Don't start me on where the DEA and CIA come into the crack story.