CCA wants women

By Geert De Lombaerde Posted on August 21, 2009 at 1:00 pm

The Nashville-based private prison operator is offering signing bonuses to new women guards at the Eastern Kentucky prison that is under government investigation. It’s interesting to note that investors — usually not ones to take regulatory risk lightly — haven’t given a hoot about the recent hoopla: CCA shares (Ticker: CXW) have risen by more than a third since Memorial Day.

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Tags: Corrections Corp. of America, governmental investigations, Kentucky, Kentucky Department of Corrections, Otter Creek Correctional Center, prison management, stock valuation  

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