Shareholders

Two companies run much of America's private prison and immigration detention system. Their stock is held by index funds, asset managers, banks, insurers, and public pension systems. Their revenue comes from government contracts, paid per person, per day, and sometimes whether or not the beds are full.


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Shareholders follows that money through the public record: SEC filings, federal and state campaign finance data, government contracts, court files, and independent research. It shows who holds GEO Group and CoreCivic stock and how much, which banks lent to the companies and which stopped, which pension funds sold, what political giving followed the contracts, and how officials have moved between government and industry.
How per-day payments and occupancy guarantees turn an empty bed into revenue Who owns the companies, from BlackRock and Vanguard to public pension funds The 2019 bank pledges, the pension sales, and what changed afterward Political giving to members of Congress and state officials, and to presidential campaigns Deaths in ICE custody and what court filings and reports say about conditions The 2026 sales of detention facilities to the Department of Homeland Security, totaling $2.2 billion What readers can check, and how to ask pension boards, banks, and representatives for answers

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