Prison REITs Sink After U.S. Ends Privately-Run Jails

The video discusses the significant developments in the private prison industry, highlighting a major decision affecting federal contracts. It traces the industry's history, financial dependencies, and the impact of public sentiment and investigative reports. The discussion covers the implications for major private prison operators and the potential for future policy changes at federal, state, and local levels. The video concludes with an analysis of the broader trend towards reducing reliance on private prisons.

What were the implications of the recent report issued by the Department of Justice?

In what ways are state and local governments changing their policies regarding private prisons?