Vilar Fails Bail, Stays In Jail

Alberto Vilar, the man who gave away millions to the arts, apparently can’t make bail to spring himself from jail. “His attorneys asked a federal judge Tuesday to delay a bail hearing that might have sprung their client from jail. That hearing has been rescheduled for Friday. Until then, a man once reputed to be among the country’s richest men — in 2004 his personal fortune was pegged at $950 million by Forbes magazine — will reside in the Metropolitan Correction Center in Manhattan.”