[Locomotive Breath]

True enough but loss of earnings on that $400,000 and getting all $400,000 back still beats the hell out of paying $40,000 to a bail bondsman and getting nothing back.

I think the bail is unjustly high. These guys are going to make their court dates even if bail were set at zero. I think at this point, given all the publicity, they could be released on their own recognizance.

[luv2ski]

I think the bail is unjustly high. These guys are going to make their court dates even if bail were set at zero. I think at this point, given all the publicity, they could be released on their own recognizance.

No kidding! I read somewhere that they released a guy accused of murder on $75,000 in Durham recently.

[JLS]

Actually the calculation might be something like this:

1. 10% of $400,000 to a bondsman or $40,000.

2. 6% forgone earnings on $400,000 or $24,000.

Now you might make even more than 6%. And if the return you are giving up on the money is greater or you borrowed on your second mortgage and are paying a higher interest rate than 6% and you compounded the interest daily, pretty quickly one could get to the $40,000 if the trial really takes a year or maybe more to happen and the bond is not reduced.

[NeonKnight]

True enough but loss of earnings on that $400,000 and getting all $400,000 back still beats the hell out of paying $40,000 to a bail bondsman and getting nothing back.

I still don't know. In a years time, you should be ablt to make more than 40K with that money.