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.
But the Presidential Pardon is a tool the President can use when he feels there has been a miscarriage of justice. There have been pardons in the past (many of which) that have been used for political purposes, and that is wrong. However, I do believe that the President should have the authority to pardon a person for a crime. It is important to note that the President can only pardon people for Federal crimes. He cannot pardon someone charged with a state crime, only the governor of that state can do that.