Wall Street's Solution for Repeat Offenders?

Goldman Sachs is banking on a program to reduce recidivism among New York's incarcerated.

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Today, New York City's new project is just an experiment. There is no guarantee that it will have a positive impact on the number of repeat incarcerations. But in an era when federal, state and local governments have run out of money to finance even the most effective social programs, perhaps we should be rooting for it to succeed.

Harold J. Logan is a business writer with a background as an Internet entrepreneur.

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