The Houston Chronicle’s Kristen Hays and Tom Fowler report here on the latest moves in the Allen Stanford prosecution. On Friday, Senior U.S. District Judge David Hittner granted a stay (pending appeal) of U.S. Magistrate Judge Frances Stacy’s surprisingly low bail setting ($500,000.00 with a $100,000.00 cash bond). Hittner will apparently hear the matter on Monday morning. Prosecutors are entitled to appeal such determinations to the district court.
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