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California has ended money bail. Who will bail out the industry?

from Los Angeles Times

Under the glare of neon signs and unforgiving fluorescent office lights, bail agents are spending time processing a new California law signed by Gov. Jerry Brown that could decimate their industry. The new system, which would virtually eliminate the payment of money as a condition of release, could spell doom for not only bail agents, bounty hunters and surety companies across the state, but also a $2-billion bail industry nationwide. more

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