Word: bail
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Dates: during 1970-1979
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...been the case with previous energy shortages, states with abundant resources are not eager to share. Why should they jeopardize businesses and jobs, they reason, to bail out less efficient or more profligate neighbors? Nor can the U.S. Government coerce cooperation among the states; it can only cajole. "We're not czaring this one," says a Schlesinger aide. "The states have the authority...
...better come out, we know who you are!" bellowed the FBI agent standing outside the door to a $130-a-day suite at the smart Innisbrook resort complex at Tarpon Springs, Fla. So ended a two-week hunt for the elusive Alan Abrams, the bail-jumping Boston commodity-options con man (TIME, Jan. 30) who, it is charged, under the alias "James Carr" swindled U.S. investors out of as much as $75 million...
Carr was arrested in Boston on charges that he had failed to obey an order by a Michigan federal court to cease violating securities laws. After Carr was released on $100,000 bail, authorities believe, he fled to Bermuda or the Cayman islands. An FBI fingerprint check revealed that "James Carr" was really one Alan Abrahams, an escaped convict with a 22-year criminal record, who in 1974 had fled a New Jersey prison farm, where he was serving a sentence for a commodities scam. Officials say that Lloyd, Carr may have swindled investors out of as much...
...arrested again, for a crime of violence; Detroit zeros in on three-time offenders charged with murder, rape, household burglary and armed robbery. Boston uses a "case evaluation form," based on a ten-point penalty system. Penalty points are given for brutality, use of firearms, parole or bail status at the time of the crime, and even strength of the evidence against the suspect. Any suspect who gets ten points or more gets the Major Violator treatment. "It's almost like being selected for college," a Boston prosecutor notes, "only they're going to jail, not school...
Once identified and apprehended, a career criminal will find his case assigned to a district attorney for start-to-finish prosecution. With a light case load (one-third that of other prosecutors), the D.A. usually seeks high bail, or no bail, to keep the suspect in jail, refuses to plea bargain, and pushes for an early trial...