Word: bailing
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...Harvard University Police Department (HUPD) arrested Joshua M. Elster '00 on Saturday, Jan. 31, from his Kirkland House room on three counts of rape and two counts of assault and battery. He was released on $10,000 cash bail and later indicted by a grand jury in Cambridge on the five original counts and an additional count of indecent assault and battery which refers to the sexual nature of the offense with which he has been charged. Elster's case is now in the pre-trial stages in the Superior Court. The next court date is scheduled for September...
...bottom line in this whole derivatives issue is if I'm a trader, I'll take the biggest bets that I can because if I win, I'll go home a millionaire," says Peabody. "If I lose, then the central banks or the IMF [International Monetary Fund] will bail me out. So you've created a moral hazard...
HUPD took Houle to the Cambridge jail where he was awaiting bail...
There was speculation that Dumas might be jailed last week. But when the judges arrived at his country estate, where he was recovering from abdominal surgery, they left him free on more than $800,000 bail and forbade him to travel to various tax havens such as Switzerland and Monaco, where it is suspected he keeps secret bank accounts. Dumas adamantly denies all allegations--and even claims to have repaid the cost of the boots. In an interview last March, he declared he had "never received a cent" from the Taiwan contract and never wavered in his opposition...
...Game 2, however, Harvard pitchers were shelled for 10 runs, and the offense was unable to bail out the staff, racking up only a pair of runs in the 10-2 setback...