Thursday, April 17, 2014

Schooling in the Ownership Society: Rauner makes big profits off the jailing of children

Schooling in the Ownership Society: Rauner makes big profits off the jailing of children:



Rauner makes big profits off the jailing of children

Thanks to a lucrative state contract given him by none other than Gov. Quinn, Republican billionaire Bruce Rauner is making millions in the prison/industrial complex. Quinn says he didn't know Rauner was still associated with GTCR. 
Rauner formerly headed GTCR LLC, a Chicago private equity firm in which he still holds a stake as an investor. Since December 2012, GTCR has owned Correctional Healthcare Cos., which got a five-year contract with a five-year renewal option from the Illinois Department of Juvenile Justice in February 2013 to provide medical, dental and mental health evaluations and treatment for the approximately 900 inmates, ages 13 to 20, of six state-run youth detention centers in the Chicago area and downstate. The state deal  Schooling in the Ownership Society: Rauner makes big profits off the jailing of children: