"We have offered a substantial bail package of $10 million, and under these circumstances, our view is that he should be out."

But two of the lawyers cautioned last night that a settlement of the bail package was still in flux.

Mr. Cohen argued that Mr. Lee should be granted a bail package.

Mr. Paul offered a $2 million bail package secured by the homes of several people in the New York area and one in Detroit.

The guards were part of conditions stipulated in his $10 million bail package in October.

He wanted to help but was not allowed to offer any of his property as part of the bail package because Government prosecutors questioned the legitimacy of its financing.

His bail package also involves an ankle bracelet, an extradition waiver, a million dollars in cash, and a five-million-dollar bond.

Under the terms of the bail package, 12 family members co-signed a bond insuring that Mr. Compres would not flee.

The bail package proposed by Mr. Dreier's lawyers "goes far to minimize this risk."

As part of the bail package, Judge Weinstein ordered both men to wear electronic anklets when they are released in about 10 days.