Word: subzero
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Dates: during 1931-1931
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...Edward Donnell, shot himself after the bank closed. Witness Johnson also testified that Col. Lea opened his bank account in 1925 six days after the bank was formed, deposited $11,430,373.82 between then and the day the bank failed. This account, said Cashier Johnson, sometimes was high, sometimes subzero. President Donnell spent practically all his time attending to it. But however great was the account, Cashier Johnson said it never had much of a "realizable balance." Reason: too much kiting...