Word: bail
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Dates: during 1970-1979
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...people take off their clothes, they are less sexual." In Brooklyn, N.Y., Federal Magistrate Vincent Catoggio had another opinion. "I don't know where these people get the idea they have a constitutional right to strip naked and parade in front of other people," he said, then set bail on a man who had been seized in the nude at Jacob Riis Park beach in Queens...
...known until now for the score of Shaft, Isaac Hayes here follows Three Tough Guys with another lame shot at establishing some kind of on-camera identity for himself. The vehicle he has chosen is a numskull cops-and-robbers piece about a skip tracer (someone who hunts down bail jumpers). Hayes forsakes his rock-performing wardrobe of bare chest wrapped in chains to slop around Los Angeles in a variety of Levi outfits, glowering, guzzling cans of Coors and ferreting out various criminal types. He is called Truck because his methods usually carry a certain violent impact...
...agenda of government bankers from the U.S., Western Europe and Japan when they gathered in Basel, Switzerland, last week for a meeting at the Bank for International Settlements, a sort of central bankers' central bank. The central bankers reportedly agreed "in principle" to lend money to bail out private banks caught in a liquidity squeeze just as the U.S. Federal Reserve has kept Franklin National in business by lending it more than $1 billion. However, they specifically ruled out aid for banks caught in "irresponsible" foreign exchange dealings. The decision was no comfort to Herstatt depositors and creditors...
Lewis' 14-day sojourn in prison does seem harsh. KPFK colleagues point out that it is unusual for a judge to jail someone and deny bail while a constitutional issue is being appealed. Lewis, after all, is hardly a direct menace to society, nor is he likely to become a fugitive...
...Systems with $1,000. By 1970 his assets had soared to as much as $1.5 billion. He promptly took an oceanic bath as the computer market went stale (in a single day the value of his stocks dropped $376 million), next scuttled tens of millions of dollars trying to bail out two sickly Wall Street brokerage houses. Still easily a centimillionaire, this U.S. Naval Academy alumnus has shelled out more millions in behalf of U.S. prisoners of the Viet...