It's Thursday, March 13, 1986: Microsoft, founded more than a decade earlier and already a powerhouse in the world of personal computer software, executes an initial public stock offering that will raise $61 million for the company and leave 30-year-old co-founder Bill Gates unfathomably wealthy.
CDCR today announced that it has met an important benchmark to reduce the stateâs prison population. A Three-Judge Court order, affirmed by the U.S. Supreme Court, requires CDCR to cut its prison population to 124,000 by June 27, 2012 and ultimately reduce overcrowding by 34,000 inmates. On June 20, the most recent count, Californiaâs prison inmate population was 121,129.
Texas Prison Facts:  At the end of 1999 -- the latest year figures are available -- Texas led the nation with the largest number of people under criminal justice supervision, with 706,600 people either in prison, on parole or probation.That equals 5 percent of the adult population of the state.The Texas prison population has tripled since 1990, and rose 61.5 percent in the last five years of the 1990s.  The Texas criminal justice system has grown so large that in July 2000, corrections officials ran out of six-digit numbers assigned to inmates, and officially created prisoner number 1,000,000.