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William Jennings Jefferson (born March 14, 1947) is an American former politician from Louisiana whose career ended after his corruption scandal and conviction. He served as a member of the U.S. House of Representatives for nine terms from 1991 to 2009 as a member of the Democratic Party.
Jefferson was defeated by Republican Joseph Cao on December 6, 2008, [2] and was the most senior Democratic incumbent to lose re-election that year. [3] In 2009 he was tried in the US District Court in Virginia on corruption charges. [4] On August 5, 2009, he was found guilty of 11 of the 16 corruption counts. [5]
Executive compensation has been a source of criticism following a dramatic rise in pay relative to the average worker's wage. For example, the relative pay was 20-to-1 in 1965 in the US, but had risen to 376-to-1 by 2000. [18] The relative pay differs around the world, and, in some smaller countries, is still around 20-to-1. [19]
In 2021, corporate CEOs earned an average of 399 times a typical worker's pay, according to the Economic Policy Institute. If you had your fingers crossed that they would make it to 400, prepare ...
Macy's is trying to redefine the future of the department store as the 166-year-old retail giant attempts a comeback after years of struggles."If I told everyone that I had a business, that we ...
NEW YORK (Reuters) -Goldman Sachs raised CEO David Solomon's compensation by 26% to $39 million for last year, according to a filing, and its board lined up an $80 million stock retention bonus ...
Average CEO Pay is calculated using the last year a director sat on the board of each company. Stock returns do not include dividends. All directors refers to people who sat on the board of at least one Fortune 100 company between 2008 and 2012. The Pay Pals project relies on financial research conducted by the Center for Economic Policy and ...
Throughout the $2 bill's pre-1929 life as a large-sized note, it was issued as a United States Note, a National Bank Note, a Silver Certificate, a Treasury or "Coin" Note, and a Federal Reserve Bank Note. In 1928, when U.S. currency was redesigned and reduced to its current size, the $2 bill was issued only as a United States Note.