Go Raiders!

texas-tech-red-raiders.jpgTexas Tech’s football team (9-2) has had a fine season and will probably represent the Big 12 in the Cotton Bowl, although that final victory over Oklahoma was a bit tainted. Nevertheless, a mere tainted victory couldn’t stop a Tech fan in this hilarious video from proclaiming (loudly) his allegiance to the Red Raider nation during post-game media interviews. Hat tip to the Georgia Sports Blog for the link.

Hearing on Olis resentencing scheduled

Jamie Olis4.jpgThis Chronicle article reports that the hearing on the re-sentencing of former Dynegy executive Jamie Olis will take place on Thursday January 5, 2006 before U.S. District Judge Sim Lake, with briefs due on the resentencing issues on December 20 and 27. The resentencing hearing follows the Fifth Circuit overturning Olis’ 24 year sentence last month in a widely-anticipated ruling.
Interestingly, the docket entry regarding Olis’ resentencing indicates that two other former Dynegy executives ó Olis’ former boss, Gene Foster, and former in-house accountant Helen Sharkey ó will also be sentenced with Olis on January 5. Both Foster and Sharkey pleaded guilty to conspiracy in August 2003 for their roles in the allegedly fraudulent Project Alpha deal that also ensnared Olis. Foster testified against Olis during Olis’ trial and implicated other former Dynegy executives ó including former finance chief Rob Doty ó but no one else has been charged to date. Under their plea deals, Foster and Sharkey face maximum sentences of five years.
According to the Chronicle article, Judge Lake declined Olis counsel’s request on Friday to have Olis released from prison pending the resentencing hearing. In so doing, Judge Lake signaled his intent on resentencing by commenting that, despite the 5th Circuit’s objection to the government’s damages figure, Olis still “has a number of years to serve even under the most liberal interpretation of laws.”

Continue reading