That's right - earnings time! The time of year I'm reminded just how sick people can be, and how much money they can make in the process. First up this time is the GEO Group.
GEO posted a $23.5 million profit in the last quarter of 2010. That comes out to about $8 million in profit every month, or more than $11,000 per hour, or more than $185 EVERY EFFING MINUTE. That's right. GEO turned a profit of nearly $200 every single minute by simply failing to live up to contractual obligations and neglecting the needs of everyone in its "care." Our world is so effed.