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.
I am a retired professor of math and computer science having taught for 36 years at a state supported university in Virginia. A president can be impeached for treason, bribery, and other high crimes and misdemeanors. The precise definition of these offenses is left up to the House of Representatives.