Defense Rests In BrutalSlaying

May 31, 2006, 1:00 a.m. EDT 1 Min Read

RACINE, Wis. - (05/31/06) Defense attorneys for WendellMcPherson, charged in the brutal slaying of a mother and daughterafter his credit union robbery plans went awry, rested Tuesday andclosing arguments in the case are expected on Wednesday.McPhersons state-appointed lawyers argued that there were noreliable witnesses to identify the defendant. Prosecutors saidMcPherson and accomplice were spotted on Oct. 11, 2004 preparing torob Horizon CU and McPherson ran off to hide in a nearby home wherethe bodies of Nancy Mason and her teenage daughter, Meghan, werelater found. McPhersons alleged accomplice drove and waslater captured. He pleaded guilty to attempted robberycharges.

For reprint and licensing requests for this article, click here.

MORE FROM AMERICAN BANKER

M&A

Pinnacle, Synovus expect Jan. 1 closing after Fed's approval

The two regional banks, which are combining in a merger of equals, had previously said they expected to complete the deal sometime in the first quarter of 2026.

By Kevin Wack

10h ago
U.S. Bancorp

U.S. Bank is testing stablecoin issuance on Stellar network

The bank is a step closer to having its own U.S. dollar-pegged cryptocurrency. It could become the first major financial institution to issue a stablecoin.

By Penny Crosman

11h ago
Federal Reserve

Does the Fed have an ethics problem?

Recent high-profile ethics violations by senior Federal Reserve officials, including new revelations concerning stock trades by former Fed Gov. Adriana Kugler, have sparked debate over the effectiveness of the central bank's oversight, even as some observers stress such cases remain rare.

By Maria Volkova

November 26
Cross border payments

Klarna's crypto and shopping moves; EMV for agentic payments

The Swedish financial technology firm issued its first stablecoin and signed a gift card distribution deal with BlackRock. Also, EMVCo is examining AI's impact on processing and more in the American Banker global payments and fintech roundup.

By John Adams

November 26
Employment data

Bank jobs hit lowest level since prior to pandemic: Report

U.S. commercial banks and savings banks have reduced employment by nearly 81,000 since the first quarter of 2023, including a net loss of 7,463 positions during the third quarter of this year, according to a new report from KRBA Financial Intelligence. Big banks, which have been embracing artificial intelligence, were big contributors to the decline.

By Allissa Kline

November 26
M&A

Comerica must disclose info on Fifth Third deal, judge says

The activist investor HoldCo Asset Management alleges that Comerica and Fifth Third used a "flawed" process to arrive at a $10.9 billion merger agreement. On Tuesday, a Delaware judge said she will hold a hearing to determine if the banks omitted material information in their public disclosures.

By Catherine Leffert

November 25