The Gazette in Colorado Springs recently produced an article that points out the negative impact Bill SB186 would have on Colorado taxpayers and local business owners and the injustices that could occur.
Listen to the live radio interview with Jerry Watson, Chief Legal Officer AIA, on KRCN-AM 1060 Denver. Jerry was a special guest on the popular radio show Business for Breakfast with Woody Vincent & Tom Chenault...
Based on our research, the largest bond ever set in the US is shared by at least two people. In 2008, Raj Rajaratnman was hit with a $100 Million bail bond. Last month, in Memphis, Tennessee, Christopher Williams was also given a $100 million bail amount. See below for both stories. While bail is not a concept used globally, the largest bail bond that has ever been set from a global standpoint is $133 Million (100 million euros), which was received by Austrian Banker Julius Meini in 2009. Other notable bail bonds include Bernie Madoff at $10 Million and Tyco CEO Dennis Koslowski at $10 Million.
A new study by the U.S Department of Justice (DOJ) found the number of individuals who were held in jail decreased even through the use of commercial bail bonds has gone up. The overall jail population has decreased from 773,341 in 2007 to 760,400 in 2009.