WAUKESHA, Wis. - (05/18/05) -- Twenty-nine-year-old Ted Oswald isheaded back to jail--perhaps for the rest of his life--after astate jury ruled Tuesday the then-19-year-old was not criminallyinsane when he committed a violent crime spree with his father 11years ago that ended with the murder of a police officer during thefather-and-sons' attempted getaway from a bank robbery. Oswald'sdefense--that he was criminally insane because of delusionalbeliefs passed on to him from his father, James Oswald--wasrejected on all 17 criminal counts that the younger Oswald pleadedno contest to last week. Oswald was convicted in 1995 of a 14-monthrampage that included kidnappings, car theft, armed robberies atMedical Systems CU, in Waukesha, and Landmark CU, in Brookfield, inDecember 1993, and the shooting of Waukesha Police Capt. James Lutzafter a robbery at Bank One, but was ordered retried in 2003because of juror bias in the first trial. He stunned the court whenhe pleaded no contest to the charges at the opening of the retrialand urged the judge to move immediately to the second phase of thetrial, his plea that he was criminally insane while committing thecrimes. Tuesday's verdict means that Oswald will probably bereturned to state prison to serve two mandatory life sentences plusas much as 635 years when he is sentenced later thismonth.
-
A TD Bank survey found a massive increase in the ranks of people who talk to ChatGPT about their finances. Ted Paris, the bank's head of AI, says banks still have an opportunity here.
41m ago -
Employees at two of the 28 Wells branches where workers previously voted to unionize are now shedding union representation.
2h ago -
Alessandro DiNello, who served as Flagstar's executive chairman in 2024, said he's leaving in order to enjoy his retirement. Meanwhile, a lawsuit accusing him of various wrongdoings is still pending.
March 30 -
Cybersecurity experts at RSAC urged banks to treat the transition to post-quantum cryptography as an enterprise risk, not just an IT headache.
March 30 -
The Minneapolis-based regional bank is extending home-improvement loan durations by as much as two years in a bid to continue capitalizing on a long-running remodeling boom.
March 30 -
The Department of Labor proposed a rule that would bring private credit more into retirement accounts, as pockets of the market bubble up and some point to contagion.
March 30











