TexasCHLforum.com

puma guy wrote:

puma guy wrote:Four arrested. 3 men 1 woman. Only $50M bond each - outrageous
http://www.chron.com/news/houston-texas ... 280653.php

I forget sometimes that most use K as 1,000 as in computer lingo and kilowatts. I worked in the refining business for 35 years and M is 1,000 as in 1M barrels and 1M Roman soldiers.

I work in the refining business now, and the M = 1000 thing drives me crazy since M = 1,000,000 and k = 1,000!

Just out of college, after using the metric notation for 5 years, I was so confused the first time I saw someone refer to 1,000,000 as MM.

Can someone explain how the bond works? Does that mean that they can get out of jail for $5k? Does a bail company base the decision to give the $5k (it is a loan more or less, right) on the crime? Would that mean it is less likely someone will loan them the money to get out?