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.
When the President of the United States is tried, the Chief Justice shall preside: And no Person shall be convicted without the Concurrence of two thirds of the Members present. The Constitution of The United States by History Documents View in context.