Sunday, October 30, 2005
OIL FOR FOOD AND TEXANS
Oscar Wyatt Jr.
Oscar Wyatt Jr.? David Chalmers Jr.? Doesn't sound French to me...
"Billionaire Texas oilman Oscar Wyatt Jr. pleaded not guilty yesterday to charges he paid millions in secret kickbacks to Saddam Hussein's government to obtain oil under the United Nations' oil-for-food program.
Wyatt, 81, founder and former chairman of Coastal Corp., was arraigned in Manhattan before U.S. District Court Judge Denny Chin, who scheduled a June 20 trial date.
Wyatt was arrested last Friday at his home in Houston on federal charges along with Swiss executives Catalina del Socorro Miguel and Mohammed Saidji.
The indictment against the three expanded a federal one filed in April against David Chalmers Jr., president of Houston-based Bay Oil USA Inc., and Ludmil Dionissiev, a Bulgarian oil trader. Wyatt is accused of conspiring with Chalmers, Miguel, Saidji and Dionissiev. All entered not guilty pleas Thursday".
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National Debt
On August 15, 1935, Wiley Post, the first pilot to fly solo around the world, and American humorist Will Rogers were killed when Post's plane crashed on takeoff from a lagoon near Point Barrow, in Alaska.