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Resource ID: #20475
Subject: Bail Bonds
Source: Wall Street Journal (New York)
Affiliation: 
Date: April 10, 2001

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Description

According to the article, "...It's also one of the hundreds and possibly thousands of similar cases of skipped bail that are the fruit of an ill-fated three-year partnership between H&H Bail Bonds Inc., a firm that in its ads claimed 'We Will Bail When Others Fail,' and American International Group Inc., one of the largest and most prestigious insurers in the world. Guided by H&H founder Raymond W. Hrdlicka and backed by the financial might of AIG, H&H sought to dominate an industry of mom-and-pop shops by bending long-established rules and sometimes taking on clients whom more conservative bail-bond firms would have deemed too risky."

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