Ever wonder how FDIC deposit insurance works on a micro level?
At a Chicago WaMu branch on Friday, Catriona Johnson, 27 years old, said she had come intending to take out all her money. "I wanted to close my account and hold it in my bra or something," she said. However, after being told that her account balance is federally insured, Ms. Johnson, the administrative coordinator at a Chicago company that tests homes for the presence of toxins, decided to leave the money alone for now.
There must be a liquidity joke in there somewhere, but I won't make it.
The state of Georgia is likely to execute Troy Davis tomorrow.
The United States Supreme Court is scheduled to make a decision on whether to hear a last-ditch appeal by Mr. Davis on Sept. 29. That’s six days after the state of Georgia plans to kill him.
Nine witnesses testified against Mr. Davis at his trial in 1991, but seven of the nine have since changed their stories. One of the recanting witnesses, Dorothy Ferrell, said she was on parole when she testified and was afraid that she’d be sent back to prison if she didn’t agree to finger Mr. Davis.
She said in an affidavit: “I told the detective that Troy Davis was the shooter, even though the truth was that I didn’t know who shot the officer.”
Another witness, Darrell Collins, a teenager at the time of the murder, said the police had “scared” him into falsely testifying by threatening to charge him as an accessory to the crime. He said they told him that he might never get out of prison.
“I didn’t want to go to jail because I didn’t do nothing wrong,” he said.
At least three witnesses who testified against Mr. Davis (and a number of others who were not part of the trial) have since said that a man named Sylvester “Redd” Coles admitted that he was the one who had killed the officer.
Mr. Coles, who was at the scene, and who, according to authorities, later ditched a gun of the same caliber as the murder weapon, is one of the two witnesses who have not recanted.
The other is a man who initially told investigators that he could not identify the killer. Nearly two years later, at the trial, he testified that the killer was Mr. Davis.
There was no physical evidence against Mr. Davis, and the murder weapon was never found. As for the witnesses, their testimony was obviously shaky in the extreme — not the sort of evidence you want to rely upon when putting someone to death.
UPDATE: "The U.S. Supreme Court on Tuesday granted a last-minute, temporary reprieve to a death row inmate in Georgia whose case has gained national attention."