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Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

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'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
LeadershipElections

This City Just Elected a Former Mayor Who Served Time in Prison

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Ben Geier
Ben Geier
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By
Ben Geier
Ben Geier
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November 4, 2015, 9:58 AM ET
Joe Ganim wins Democratic mayoral primary in Bridgeport
Joe Ganim celebrates at his campaign headquarters after claiming victory over incumbent mayor Bill Finch in the Democratic mayoral primary in Bridgeport, Conn., on Wednesday, Sept. 16, 2015. (Cloe Poisson/Hartford Courant/TNS via Getty Images)Phtotgraph by Hartford Courant — TNS via Getty Images
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Bridgeport, Conn. just joined Washington, DC on the list of cities who have elected to the mayoral office someone who had previously served in that position — and has also served time in prison.

Joe Ganim, a Democrat, won in a crowded electoral field, beating out seven other candidates, reports Fox News. Just five years ago, he was getting out of federal prison.

Ganim originally served as Mayor of Bridgeport from 1991 until 2003, when he was convicted on corruption charges. He was charged with getting companies contracts with the city in exchange for kickbacks, including gifts of pricey wine and clothes.

Fox notes that Ganim didn’t run from his past on the trail, and noted that there was some “redemption” in his return to City Hall.

 

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