Word: bails
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Dates: during 1970-1970
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...ousted last year by President Nixon, concedes that the low margin requirement on the stock is "a weird arrangement." Still, Lapin maintains that Fannie Mae has become so vital to home building that "if it got into real trouble the Government would have to rush in and bail it out." Considering the increasing political importance of housing, Lapin is probably right. Compared with their chances for a quick killing, Fannie Mae stock speculators are exposed to minimal risk. At a time when Washington may be called on to impose stricter standards of behavior on the stock markets, it seems ironic...
...custody be warned of their right to silence and counsel. Such evasion, says Clark, encourages third-degree-style interrogations-a practice that scares off tipsters while impeding scientific detection that might yield better evidence. He has no use for another Mitchell priority-jailing dangerous suspects before trial without bail-in part because the required pre-trial hearings on the "dangerousness" of such defendants are likely to clog the already overwhelmed courts. Moreover, he regards the scheme as a blow to the traditional presumption that a man is innocent until proved guilty...
Judge M. Edward Viola of the Middle-sex District Court yesterday set December 18 as the trial date for seven members of the "Juche" commune arrested in a police raid Tuesday afternoon. Viola ruled that bail would remain at $2000 per person...
...High Bail...
...Bail was set at $2000 per person. The lieutenant said that the bail was high because several individuals had no identification and bondsmen were unwilling to assume any risk. All seven, however, were bailed out last night...