LOS ANGELES - eTradeWire -- In conjunction with the opening of Private Placement Markets – Commercial Insurance in February of 2021, Steve Muehler will be heading the Firm's Bail Bonds division which will be named "Mule Hair Bail Bonds".

Steve Muehler stated that "simply by the number, since 1970 the population of incarcerated people in the United States has grown by 700%, and jails to hold pre-trail inmates account for the bulk of that expansion. In fact, 99% of this rise during the years of 1999 to 2014 involved pre-trial population. Add to this number that 40% of Americans say they cannot afford an unexpected $400 expense, and almost all bails without a bail bondsman are well in excess of this number. Given we are still in a recession, a recession that could very well drag on for some time before the lower half of the economic scale seeing any real relief, we expect a large surge in the demand for the need for bail bond services."

Steve Muehler went on to state, "many would be believe that a move such as this would be a reflection that we do not support 'bail reform' here in California. Nothing could be further from the truth, we actually are supporters of much of the bail reform measures throughout California, especially those for misdemeanors. I believe when many see our business methodology for the bail bonds division, I think people see a move in a new direction."

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The web address for Mule Hair Bail Bonds is: www.MuleHairBail.com, and bail services will be for Southern California only.

To learn more about the Private Placement Portfolio of Companies, visit:

• Private Placement Markets Securities: https://www.PPMSecurities.com
• Private Placement Debt Markets: https://www.PPMDebt.com
• Private Placement Equity Markets: https://www.PPMEquity.com
• Private Placement Markets – Real Estate Loans: https://www.PPMLoans.com
• Private Placement Markets – Commercial Insurance: https://www.PPMCommercialInsurance.com
• EquityLock Residential: https://www.EquityLockResidenital.com
• EquityLock Commercial: https://www.EquityLockCommercial.com

Additional Online Resources:

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About Mr. Steve Muehler, Founder & Senior Managing Member:

Personal Site: http://www.SteveMuehler.com

Personal Site: www.StevenMuehler.com

LinkedIn: https://www.linkedin.com/in/steve-muehler-819a0...

Twitter: https://twitter.com/stevenjmuehler

Facebook: https://www.facebook.com/steve.muehler

Crunchbase: https://www.crunchbase.com/person/steven-muehler

AngelCo: https://angel.co/u/steve-muehler

All trademarks and service marks are the property of the respective parties.

NEWS SOURCE: Private Placement Markets, LLC (a Delaware Limited Liability Company) & Mr. Steve Muehler