Word: bail
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Aquino, 23, will now face charges of being an accessory after the fact of armed robbery and carrying a firearm without license. He has been held without bail since his lower court arraignments on August 3. New bail will be set at Aquino’s arraignment tomorrow in Middlesex Superior Court...
...year ago today, the venerable investment-banking firm Lehman Brothers filed for bankruptcy protection after the Federal Reserve and the Treasury Department pointedly refused to bail the company out, and no other Wall Street outfit was willing to step into the breach. It was the largest bankruptcy ever in the U.S., but the really big news was what happened afterward. First came a financial panic that threatened to shatter the global capitalist order, then came an unprecedented, and unprecedentedly expensive, effort by governments on both sides of the Atlantic to patch things...
...three men, all from New York, are currently jailed without bail...
...suicides during a recession in 1992. "What we found was that when spending on active labor-market programs exceeded $190 per head per year, rises in unemployment had no adverse effect on suicide rates," Coutts explains. "When you think that governments are spending hundreds of times that much to bail out banks, it would seem to a prudent investment." (Read: "In Hard Times, Olympic Plans Go on a Budget...
...cash settlement of ongoing margin disputes. "The fact of the matter is, we already had the collateral," Blankfein says. "If AIG had defaulted, guess what - we would have kept the collateral from AIG and from the banks we'd bought protection from. The government's decision to bail out AIG was about the risks to the system. It wasn't about Goldman Sachs...