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.
7 Others believe that it is uncertain whether a sitting President can be criminally indicted. 8 However, these arguments ignore some commentators' conclusions that the President is immune from indictment because, as Justice Story stated, the President is not liable to arrest, ...