Marketplace Morning Report for Monday May 26, 2014
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In an effort to secure its merger with Time Warner Cable, Comcast has hired 40 firms to lobby federal regulators. Also, earlier this year, New York governor Andrew Cuomo unveiled plans to create a publicly-funded college program for inmates in the state’s prisons. The idea was that recidivism rates are lower among inmates who participate in education programs, and having an education would help inmates be better prepared to find jobs when they got out. We look at the Bard Prison Initiative, the largest prison education program in the country—looking at what the program entails, what kind of successes and failures its had, and what are the economic upsides and downsides.
To secure a merger with Time Warner Cable, Comcast has launched a lobbying blitz.