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.
The United States of America incarcerates more people than any other country in the world. In fact, the U.S. hosts more prison inmates than all other developed nations combined.As of 2010 the world population was over 6.8 billion people, with an estimated 9.8 million in jail.n fact, more people are in prisons in the United States than in all other developed countries combined. Professor Daniel J. DâAmico explains that as of 2010 over 1.6 million people were serving jail sentences in America.