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UPDATE: Drew Peterson Wants Bail Reduced In Court Friday

May 22 2009, Published 12:10 p.m. ET

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Drew Peterson will be in court Friday afternoon hoping to get his $20 million bond reduced.

As has previously reported, the ex-Illinois police sergeant is charged with first degree murder for the drowning death of his third wife, Kathleen Savio, five years ago. Officials said Peterson is also a suspect in the disappearance of his fourth wife, Stacy, who vanished two years ago. Prosecutors Thursday had a new judge appointed to the case in a development Peterson's defense attorneys said they were satisfied with.

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In hoping for the reduction of the bond, defense attorneys have said that Peterson poses no flight risk based on his trips he took -- after being named a suspect in Stacy's disappearance -- to locales reaching as far as Mexico, California and Florida, without trying to flee.

A spokeswoman for Stacy Peterson's family disagreed.

"We're dealing with someone who's a potential murderer," spokeswoman Pam Bosco said. "I think that would be something that the judge would recognize and keep him in jail for everyone's protection." (Photo: Mike Williams)



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