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.
Louisiana State Penitentiary is the largest correctional facility in the United States by population. In 2010 the prison had 5,100 inmates and 1,700 employees. In 2010, the racial composition of the inmates was 76% black, 24% white; 71% of inmates were serving a life sentence and 1.6% had been sentenced to death.