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.
According to the US Constitution (Article II, section 4), a president can be impeached for bribery, treason, or other high crimes and misdemeanors.. President Andrew Johnson â¦ (1868), President Richard Nixon (1974) and President Bill Clinton (1998-99) are the only three presidents ever considered for impeachment.