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I mean, they took his passports and are making him wear a tracking device, that's the important part. For someone worth 10 figures, no bail amount reasonably im
by leroy_masochist 9y ago
I mean, they took his passports and are making him wear a tracking device, that's the important part. For someone worth 10 figures, no bail amount reasonably imposed by a court would be sufficient to serve in practical terms as forced remand.
- 21 9y ago> For someone worth 10 figures, no bail amount reasonably imposed by a court would be sufficient to serve in practical terms as forced remand Sure it will. Put a 50% net-wealth bail on him (500 mil). Accept shares if he doesn't have cash. You will say it's not reasonable. But then it is reasonable to put a $50k bail on a poor person, which doesn't even have that money? In this case the bail is >100% net worth.
- akira2501 9y ago> Accept shares if he doesn't have cash. And if the shares lose value while he's out on bail? Our defendant just lost their incentive to reclaim them.