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'Linchpin Of The Fraud' Gets 20 Years In Jail

Garcia said Israel pleaded guilty in September 2005 and is awaiting sentencing. Marquez pleaded guilty in December 2006 and was sentenced in January 2007 to 51 months in jail. He was also ordered to pay more than $6 million in restitution to his victims.

In 2005, more than $106 million in proceeds from the Bayou fraud were seized and subsequently turned over to the federal government to eventually be distributed to victims of the fraud, Garcia said.

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Stocks close day before Fed decision up

The 10-year Treasury note's yield, which moves opposite its price, was at 3.66 percent, up from 3.58 percent late Monday.

The dollar was mixed against most major currencies, and gold prices fell.

Oil prices moved higher as traders waited to see what the Fed's next move will be. A barrel of light sweet crude rose 65 cents to $91.64 a barrel on the New York Mercantile Exchange.

Wall Street has been extremely volatile in recent weeks amid fears of a U.S. recession and further write-downs in the financial sector. However, that has given way to a more quiet tone this week as investors looked for their second-straight day of gains before the Fed's decision.

Central bankers are widely expected to lower its key rate, now at 3.5 percent, by as much as one-half percentage point to 3 percent when policymakers wrap up on Wednesday.


Saturday 8th March, Kick off 3:15pm

Make Scotland's RBS 6 Nations clash against England for the Calcutta Cup as memorable off the pitch as on it with an official hospitality package.

Scottish Rugby's great value new Clubhouse Hospitality turns any matchday into a day to remember. The Clubhouse forms part of Scottish Rugby's Hospitality Village on Murrayfield's training pitches right next to the West Stand.

The fun starts at 12:30pm with a complimentary bar before kick off. Then you and your friends can get to your seats through our dedicated access gate to catch all the sporting action.

The day also includes:

- Two-course pre-match fork buffet - Entertainment from ex-internationalists - Souvenir matchday programme - Opportunities to win signed merchandise - TV screens - Post-match cash bar until 6.30pm

There is even a live band to make sure the party goes on long after the final whistle.


Grapevine’s Great Wolf Lodge hotel opens for business

The $100 million Great Wolf Lodge family resort in Grapevine opened to its first guests on Dec. 18. The 450,000-square-foot, 52-acre resort the 10th in Wisconsin-based Great Wolfs chain and the first in the Southwest features 402 all-suite rooms, but an expansion currently under way will add 203 additional suites plus 20,000 square feet of meeting space by this time next year.

Guests to Grapevines latest tourist attraction are treated to a North Woods adventure theme, including four restaurants, an 80,000-square-foot indoor park water park sporting nine slides and six pools and an 84,000-square-foot outdoor water park with slides, spas and an arcade.

Opening rates will start at $199 per night beginning mid-January.

The resort is located on Texas State Highway 26 across from the Gaylord Texas Resort and Convention Center.


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