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Martin O'Malley
In reply to the discussion: O'Malley: 'For-Profit' Prisons Are 'Immoral' [View all]MADem
(135,425 posts)16. If you can't take my remarks in the polite, open and honest way that I have offered them,
go on ahead and hit the button.
The business is INCORPORATED in MD. That is a matter of record. And they do this for a SPECIFIC reason-so they can HIDE their shareholder list from YOU and ME:
Further, although headquartered in Tennessee, CCA is incorporated in Maryland. Under Maryland state law, MD Corp. & Assn. Code § 2-513 (2013), only shareholders who own at least 5 percent of the outstanding stock of a company may inspect and copy its stock ledger i.e., its list of shareholders. Since CCA has around 117 million shares of outstanding stock, an investor would have to own about 5.85 million shares (currently valued at over $200 million) before they could obtain a copy of the companys shareholder list.
...Thus, the individual shareholders who own stock in both CCA and GEO remain shrouded in secrecy much like private prison companies themselves, which have a long history of being non-transparent and lacking public accountability even though almost all of their revenue is obtained from government contracts paid with taxpayer funds.
...Thus, the individual shareholders who own stock in both CCA and GEO remain shrouded in secrecy much like private prison companies themselves, which have a long history of being non-transparent and lacking public accountability even though almost all of their revenue is obtained from government contracts paid with taxpayer funds.
https://www.prisonlegalnews.org/news/2015/jul/31/who-owns-private-prison-stock/
Still think this is "Nothing to see here, move along?"
I don't think that avoiding issues, even difficult ones, is helpful. This is a fair question.
If you want a circular cheering squad, though, that is your right.
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CCA was incorporated in 1983. Headquarters in Tennessee. No CCA prisons in Maryland.
Koinos
Nov 2015
#4
Are you seriously trying to tell me that state governors ignore federal businesses
MADem
Nov 2015
#9
So you aren't going to apologize for posting baseless attacks against O'Malley in the
askew
Nov 2015
#13
If you can't take my remarks in the polite, open and honest way that I have offered them,
MADem
Nov 2015
#16
Which is why I asked--has he brought up this issue before? Or is he coming to Jesus?
MADem
Nov 2015
#18
You keep whining and making claims, but have not shown how it connects to O'malley.
FSogol
Nov 2015
#19
I have provided you a link that shows you where the largest offender is incorporated.
MADem
Nov 2015
#20
If O'Malley gets the nomination (a long shot, but who knows?), Rubio could well be his opponent.
MADem
Nov 2015
#22