If the brokerâs equity requirement is 25 percent, the customer must maintain $15,000 in equity in the account. If the customer has an outstanding margin loan against the securities of $50,000, his equity will be $10,000 ($60,000 - $50,000 = $10,000).
James D. St. Clair argued in his Supreme Court brief on President Nixon's behalf that this language demonstrated the Framers' intent that any prosecution would follow impeachment and removal from office and that, consequently, a President could not be prosecuted while in office.
âI donât want to do the âI-word,â nobody wants to throw the nation into that kind of turmoil,â Representative Steve King, an anti-illegal-immigration firebrand, told CNN. But King and others are pointing out that there is another way for Congress to move against a president who has put himself above the law. And itâs one that Democrats once favored as a means of dealing with Bill Clintonâs perjury under oath and subsequent cover-up of the Monica Lewinsky scandal.