[Red Badger]

Odd, that it's two 'academics'............

I'm in the wrong profession......................

[Sicon]

Right?! They sure do seem to make a pretty good living. And I suspect they get lifetime benefits and a full pension as well.

Must be nice.

[Bloody Sam Roberts]

Straws.

[fella]

Thought Bail was a Biden(10%) of a bond.

$700K doesn't cover even 10% of 10% of a $250 million bond.

Is this a case of special privilege for special people?

[euram]

Mark Cohen
Bankman-Fried
Jeffrey Epstein
Ghislaine Maxwell
Lewis Kaplan
Larry Kramer
Andreas Paepcke

It’s so in your face now it’s hard not to notice.

[nicollo]

None of the parties will have to pay any amount unless Bankman-Fried does not appear in court proceedings.

This article presents a useful teaching moment for libs who think bail is raaaacist.

The whole point is to 1) ensure the court appearance; and 2) prevent the accused from committing more crimes and/or failing to cooperate as agreed in pre-trial negotiations. Doh, libs, if you commit a crime while out on bail, you forfeit the bail.

Without bail, crimes are up significantly in NY: The truth: 43% of people let go with no bail on a serious charge in NYC were rearrested — the ‘reform’ is a disaster (As the article notes, that's only for actual arrests, not actual crimes committed.)

Most people thing that bail only secures a court appearance (an obvious financial incentive to show up). It also reduces crime. There's no way SBF will go about committing more crimes while out on bail, as that would jeopardize both his bail and his upcoming trial.

Damn, leftists are dumb.

[Vaduz]

Kramer said in a statement to CNN that he has counted Bankman and Fried as close **friends** for nearly three decades.

Sound like Sam Bankman-Fried had help starting FTX.

Many happy returns$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

[catnipman]

“Kramer signed a $500,000 bond, while Paepcke signed a $200,000 bond; Joseph Bankman and Barbara Fried, the parents of Sam Bankman-Fried and former Stanford Law School professors, also secured the bond with the equity in their northern California home.”

right ... so what about the OTHER $248,000,000 ... oh yeah, must be one of those “personal recognizance” bonds ...