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BREAKING NEWS ~ SEC chairman to step down News
BREAKING NEWS ~ SEC chairman to step down
David Shucosky
June 1, 2005 01:04:00 pm

[JURIST] Bloomberg is reporting that US Securities and Exchange Commission Chairman William Donaldson [official profile] is stepping down on June 30.

3:15 PM ET – The SEC has posted a press release detailing the departure of Donaldson later this month.

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THIS DAY @ LAW

President Reagan fired 11,000 striking air traffic controllers

On August 5, 1981, under orders from President Reagan, the federal government began firing air traffic controllers who had gone on strike two days previous for better pay, hours and working conditions. Learn more about the PATCO air traffic control strike. Listen to an excerpt of an August 3, 1981 speech by President Reagan (courtesy of the History Channel) emphasizing that the controllers had taken an oath not to strike against the government and threatening to terminate their jobs if they did not report for duty in 48 hours.

Burkina Faso gains independence

On August 5, 1960, Burkina Faso gained independence from France. Read the constitution of Burkina Faso.

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