Correctional Services Corporation

Correctional Services Corporation (CSC), originally Esmor Correctional Corporation, was founded by James F. Slattery in 1987. It is located in Sarasota, Florida, USA, and traded on the NASDAQ (NASDAQ NMS:CSCQ). It is a corporation specializing in the privatization of correctional facilities for federal, state, and local agencies housing adults, juvenile, and Department Of Homeland Security prisoners.

Some of CSC's vitality is based on high crime-rates, as hinted in a 2002 statement by James F. Slattery: "Increases in parole rates combined with economic slowdowns traditionally lead to increased need for correctional services," he said. "We believe this historical pattern will be repeated and its effect felt in 2002 and beyond."^[1] The claimed advantage, or justification of privatized prisons is explained mostly in terms of cost; or an ability to perform correctional services at a cheaper cost than that of government operated services, by sidestepping bureaucracies.

Correctional Services Corp. received a $300,000 fine for buying votes in the state legislature, issued by the New York State Lobbying Commission.^[2]

Principals

Chairman: Stuart M. Gerson, President & Chief Executive: James F. Slattery

See also

• Private prison
• Correctional Services Corporation v. Malesko
• Wackenhut
• GEO Group

References

1. ^ Jenson, Mark. "BACKGROUND: On the new Homeland Security prison on the Tacoma Tideflats". United for Peace of Piece County. http://www.ufppc.org/index.php?option=content&task=view&id=214&Itemid=2. Retrieved 2008-12-06. ^{[dead link]}
2. ^ McKinley, James (2003-02-27). "Company gets record fine for its gifts to lawmakers". New York Times. http://query.nytimes.com/gst/fullpage.html?res=9501EFD9153CF934A15751C0A9659C8B63&sec=&spon=&partner=permalink&exprod=permalink. Retrieved 2008-12-06.