Chapter 376: One for One

And how much money do prison companies make?

The answer is very, very...... Earning, it's simply a huge profit.

The introducer of the manpower company goes to work in other companies and makes a profit by charging commissions, about 10% for those who look good, and 20-30% for those who look ugly.

The prison company is different, there is no commission, as long as the local government is paid a capitation fee, responsible for three meals a day for the prisoner, plus a bed, three sets of uniforms for spring, summer, autumn and winter, and a little basic medical care, and all the value created by the prisoner will be the prison company, and each prisoner can create nearly $3,000 net profit for the prison company every month, so it is not comparable to the human resource company.

Of course, John has always advertised himself as a "conscientious" businessman and a "good boss," so he paid the inmates in the "Wednesday" prison company, and each inmate was paid $10 for eight hours a day.

Wages are calculated on a daily basis, no wages for leave, no paid leave, no payment (five insurances and one housing fund), no housing allowance, oil supplement, food supplement, and no afternoon tea, travel abroad These employee benefits, anyway, a day of work is a day's wages, paid monthly, never deducted, arrears, and late payment, which is much more moral than some deductions and arrears of employee wages in the society.

Of course, don't be too little, the treatment of 300 US dollars a month is much higher than the treatment of most prisons in the world, and the prisoners in China are only 12 a month, and this money is also used to buy a roll of toilet paper and a pack of cigarettes (3 yuan of toilet paper sells for 6 yuan, and 3 yuan cigarettes also sell for 6 yuan, anyway, the price inside is basically 2 times that of the outside).

Of course, this $300 salary will basically fall into John's hands in the end. Why?

Because you want to eat better, buy.

I want to smoke and buy it.

I want toilet paper and buy it.

If you want soap, buy it.

If you want to see the latest movies from the outside world, buy it.

I want posters of Hollywood stars such as Angelina Jolie and Winona Ryder, and buy them.

And the person who bought these things was John.

So in the end, the prisoners' wages would flow back into John's pocket in various forms.

Of course, John didn't sell everything, drugs, alcohol, dangerous goods...... These things are not provided, and there are fines and punishments for violating the rules and disciplines in fights and brawls.

So don't look at the name of the "Wednesday" prison company is very weird, but it is definitely a domestic profiteering company, since its establishment seven years ago, the annual net profit has reached 3.6 billion US dollars, and it has also been rated as one of the 500 outstanding corporate companies in the United States, which was supposed to go public last year, but John didn't let it, otherwise "Wednesday" would be a public company.

Of course, many people want to do such huge profits, but the prison company is not an ordinary enterprise, it is not something you want to open, you must have the resources and strength to open a prison company, otherwise you will not be able to get a prison company license, and in order to reduce the competition rate, John has long asked Congress to formulate a set of private prison bills, which will provide private prisons with hardware facilities, security, human rights, education, and ...... The higher the star, the more you can enjoy the human rights of priority prisoners, such as "Wednesday" is a three-star private prison, so it enjoys the human rights of priority prisoners throughout the country.

Of course, in John's capacity, he wants prisoners, and public prisons all over the country will hand over prisoners to him, and he just wants to use this trick to plan the private prison market, and the most important thing is that this bill will cause the low-star prison company to close at a loss due to the shortage of prisoners, and then he can buy it and get the other party's prison facilities and resources for a little money.

You must know that John's purpose is to monopolize the prison company in the United States, relying on one to repair, how can there be a quick acquisition.

And the mayor of Los Angeles finally breathed a sigh of relief when he heard John's words, according to John's statement, 8,000 policemen, he actually only needs to be responsible for the expenses of 4,000 policemen, and the financial pressure is reduced by half at once, and if all the prisoners in the Los Angeles City Jail can be transferred to John, then ...... Maybe all the police fees will not have to be paid financially, and all the prisons in Los Angeles will be closed.

As soon as the prison is closed, at least $100 million in financial expenditure will be saved every year!

"The boss, can the existing inmates in the Los Angeles prison also be transferred?" The mayor of Los Angeles also fought for money, and dared to hit John's attention.

"Yes, I want as many prisoners as I want. "John didn't refuse, and it would be even better if he could give him all the more than 2 million prisoners in the United States, and then he could vigorously develop that piece of land in Alaska.

It was freezing in that place, except for the Indians, Eskimos, Aleuts, and fugitives who were willing to stay there, and few people wanted to go anywhere, and there were four or five hundred thousand inhabitants in more than 1.7 million square kilometers of land. There are many mines in John's house, no one has dug any gold, silver, and copper mines, and there are large areas of forests that no one has cut down, and even if there are people, it is still a high price, so since everyone is unwilling to go, let the prisoners develop it, no matter how difficult the conditions are, these people have no choice.

"Okay, thank you boss. When the mayor of Los Angeles saw John's promise, his heart blossomed.

John ignored him, and instead instructed the governor of California to send 1,000 people from the 40th Mechanized Infantry Division of the California National Guard to form a special police force to assist the Los Angeles police in maintaining law and order and fighting crime.

The National Guard belongs to the reserve forces, and it is also the local troops of the states, unless there is a big war, otherwise the general battle is not used at all, and when it is time to go to the battlefield, it means that there are few conventional troops left, but John knows that this kind of thing cannot happen in the next 30 years, so instead of wasting military spending to let these reserve soldiers barbecue in the camp every day, it is better to transfer out to maintain local security, their weapons, Skills are not comparable to the police, with such a special police force, criminals in Los Angeles will weigh up if they want to commit crimes.

After the matter was dealt with, John sent a group of people in California away, and John went to the old Morgan's office.

The "Friday" prison company originally belonged to John, but after he graduated from Harvard and went to the American film school, the elder Morgan confiscated it for him in a fit of anger, and now it is the old Morgan who runs the company, so the prison can only be done by the old Morgan. And most importantly, he had something about the prison company that he wanted to communicate with Morgan Sr.

"Father, the matter in Los Angeles is settled, it's just that I have some things I want to discuss with you about the prison company. ”

"What's the matter?" ”

"I want to take away 40 percent of the prison company. ”

"What are you doing with so many shares?"

"I want to exchange shares with the Rockefellers. ”

"What company do you want?"

When John used to open the prison company, Morgan Sr. didn't expect the prison company to be so profitable, and the annual income of nearly 100 billion dollars was still pure income.

He had calculated that each prisoner in the prison company could bring $3,000 in net income to the "Wednesday" prison company in a month, which is $36,000 a year, and there were 2.5 million prisoners in the United States, and if all the prisoners in the United States were transferred to the "Wednesday" prison company, the net income would be $90 billion a year, which was a cash cow, so he didn't want John to exchange it easily.

"I want to trade it for Chase shares in the Rockefeller family. ”

"That's it!"

The elder Morgan pinched his chin and thought about it, the prison company is very profitable and has great potential, but if the Rockefeller's Chase Bank can be merged, then the Morgan family will be the same in the American banking industry, and in the long run, this is the most in line with the development of the Morgan family.

"Yes, but one for another. Morgan Sr. thought about it and agreed to John's request. If it weren't for the opportunity to merge with Chase Bank and increase the Morgan's strength in the banking industry, the elder Morgan would not have agreed at all, and the prison company could make more money than Chase.

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