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.
President will face Senate trial on perjury, obstruction of justice charges. WASHINGTON (AllPolitics, December 19) -- A deeply divided House of Representatives impeached President Bill Clinton Saturday on charges of lying under oath to a federal grand jury and obstructing justice in the Monica Lewinsky affair. The two allegations of high crimes and misdemeanors next go to the Senate for trial.