bond

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Trump Catches a Big Break Over Bond in Fraud Case

Former president must come up with $175M instead of nearly $500M

(Newser) - Donald Trump received some unexpectedly good news from an appellate court on Monday, reports the New York Times : Instead of having to come up with nearly $500 million for a bond in his civil fraud case , the former president must instead post a significantly smaller bond of $175 million within...

Trump: Ponying Up $454M Bond 'Not Possible'

Lawyers tell appellate court he'd have to post $557M in collateral

(Newser) - Donald Trump's lawyers told a New York appellate court Monday that it's impossible for him to post a bond covering the full amount of his $454 million civil fraud judgment while he appeals. The former president's lawyers wrote in a court filing that "obtaining an appeal...

Leak Suspect: Trump Isn't Held, So Why Am I?

Trump case undermines argument that Jack Teixeira is a flight and security risk: lawyers

(Newser) - The Massachusetts Air National Guard member accused of sharing military secrets on social media platform Discord filed an appeal Monday, arguing he should be released from prison while awaiting trial—just like former President Trump. Jack Teixeira, 21, has been in custody since his April 13 arrest. A judge sided...

George Santos Would Go to Jail to Keep Bond Cosigners Secret

Congressman's attorney says cosigners will be in danger if their identities are revealed

(Newser) - George Santos would apparently rather end up behind bars than allow the world to know who cosigned the $500,000 bond that enabled him to be freed on pretrial release . Three unidentified people secured the bond, and on Monday night, lawyers for Santos filed a motion arguing that records identifying...

Bankman-Fried's Bond Co-Signers Revealed

They're both tied to Stanford

(Newser) - Sam Bankman-Fried's $250 million bail deal was secured with help from scholars at Stanford, where his parents work as law professors. Court documents released Wednesday reveal Larry Kramer, dean emeritus at Stanford Law School, and Stanford computer scientist Andreas Paepcke joined Bankman-Fried's parents as guarantors of one of...

Prosecutors: Post-Arraignment, Rittenhouse Hit the Bar

Kenosha County DA's office says suspect downed beer, flashed hate sign

(Newser) - Minutes after Kyle Rittenhouse was arraigned on felony homicide charges , the 18-year-old was downing beer and flashing a hand sign associated with white supremacy at a bar. Surveillance footage shows Rittenhouse arrived with his mother at a tavern in Mount Pleasant, Wis., on Jan. 5, just 90 minutes after he...

Judge to Loughlin in Bribery Case: You Can Go

The Hollywood actor is released on $1M bond

(Newser) - A federal judge says Full House actress Lori Loughlin can be released after posting $1 million bond in a case in which she and her husband are accused of paying bribes to get their daughters into college, the AP reports. Loughlin stood with her lawyer in the Los Angeles courtroom...

Prosecutor Says Cruz's Brother Has 'All the Same Flags'

Cops are trying to block him from possessing a gun

(Newser) - A Florida state law passed in the wake of the Parkland school shooting could be used to keep the suspected shooter's brother from getting his hands on a gun. Zachary Cruz, the 18-year-old brother of Nikolas Cruz, was arrested on trespassing charges Monday after he was seen skateboarding at...

Suspect in Virginia Murder Denied Bond

Jeff Sessions calls the fatal car attack in Charlottesville 'domestic terrorism'

(Newser) - A judge in Charlottesville, Va., has denied bond for an Ohio man accused of plowing his car into a crowd at a white nationalist rally, reports the AP . Judge Robert Downer said during a bond hearing Monday he would appoint a lawyer for James Alex Fields Jr. The 20-year-old is...

Judge Set This Man's Bail at $4B to Make a Point

Claudia Brown says our approach to bail has gotten ridiculous

(Newser) - Antonio Willis is likely to be in jail a while after a Texas justice of the peace set what might be the largest bond in US history. The $4 billion bond is certainly the highest ever in Bell County, where Willis, 25, is accused of killing Donte Samuels. However, the...

Applause as $1M Bond Set for Cop Charged With Murder

Judge admonishes courtroom to settle down during Ray Tensing arraignment

(Newser) - A plea of "not guilty" in Ohio's Hamilton County Courthouse went routinely this morning for ex-University of Cincinnati officer Ray Tensing, charged in the shooting death of motorist Samuel DuBose , Cincinnati.com reports. But when Judge Megan Shanahan set Tensing's bond at $1 million, the courtroom burst...

Zimmerman Ordered Bulletproof Vest Last Year

And infrared home-security gear, all while on bond

(Newser) - Police records released yesterday are painting a picture of George Zimmerman's period on bond, and they contain some interesting details. The neighborhood watchman ordered a bulletproof vest and an infrared home security system, the AP reports. A police supply sales representative told officials about the order; Zimmerman told them...

Judge: Freed Defendant Must Write Book Reports

He is required to read for an hour a day

(Newser) - A northern California man has been released on bond—provided he's willing to keep up his reading. Otis Mobley, 23, was indicted after allegedly offering to sell a grenade launcher to an undercover official; authorities say Mobley and two others planned to rob the agent. The judge says the...

Rising at Last, Ground Zero Tower Faces New Hurdle

Investors take issue with bond sale; could delay building once again

(Newser) - After seemingly interminable delays, a new World Trade Center tower is finally rising—but now it’s encountering new financial problems. An institutional investor group is holding up the $1.3 billion bond sale that would finance the construction of Tower 4 for fear it could hurt the value of...

Nicolas Cage Gets Bailed Out By...

Dog the Bounty Hunter, who doesn't think he'll have to hunt down actor

(Newser) - In a case of reality not imitating "art," Dog the notorious bounty hunter bailed actor Nicolas Cage out of jail. Reality star Duane "Dog" Chapman posted Cage's $11,000 bond after he was charged with domestic abuse and disturbing the peace over the weekend in New...

Fed Extends Bond Program
 Fed Extends Bond Program  

Fed Extends Bond Program

Shrugs off good economic news, says employment still in trouble

(Newser) - The Federal Reserve unanimously agreed to extend its $600 billion Treasury bond-purchase program today, saying the economy isn't growing fast enough to lower unemployment. The decision came from a new lineup of voting members that includes two officials who have criticized the bond purchases. They have said the purchases could...

Warren Sapp Charged With Domestic Battery

Former NFL great loses Super Bowl announcing gig after arrest

(Newser) - Warren Sapp has made bail but won't be analyzing the Super Bowl for the NFL Network after being arrested and charged with domestic battery in the alleged choking of his girlfriend in a Miami Beach hotel. Sapp, a defensive lineman who starred at the University of Miami before playing 13...

Rip Torn Freed on Bail, Bound for Rehab

After alleged bank break-in, actor due back in court Feb. 17

(Newser) - Rip Torn appeared in court in Connecticut today to face charges related to an alleged bank break-in Friday evening and was released on $100,000 bond. The 78-year-old actor will enter alcohol rehab as soon as possible, his lawyer said. The numerous charges against him include burglary, trespassing, and carrying...

Judge Revokes Stanford Bond
 Judge Revokes Stanford Bond 

Judge Revokes Stanford Bond

(Newser) - A US district judge today revoked bond for Texas financier R. Allen Stanford, who's charged with swindling investors out of $7 billion. David Hittner approved a request by prosecutors to overturn a magistrate judge's decision to allow Stanford freed on $500,000 bond pending his trial. Prosecutors argued that Stanford's...

Fed Moves Street; Dow Up 91
 Fed Moves Street; Dow Up 91 
MARKETS

Fed Moves Street; Dow Up 91

Plan to buy Treasuries, mortgage-backed securities stirs stocks

(Newser) - Stocks slumped today until the announcement of the Federal Reserve’s plans to buy billions in Treasuries and mortgage-backed securities, which caused a minor rally in equities, the Wall Street Journal reports. Treasury prices surged and yields plummeted. The Dow gained 90.88 to close at 7,486.58. The...

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