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F. Carter Smith Portfolio
Friday
Jun252010

A Lunch Supreme

Former Enron CEO Jeff Skilling goes to lunch on April 11, 2006.

On June 24, 2010, in an opinion by Justice Ruth Bader Ginsburg, the Supreme Court unanimously nullified Skilling's honest services fraud conviction, finding that "Skilling's misconduct entailed no bribe or kickback." The Supreme Court remanded the Skilling case back to the lower court for further proceedings. On October 23, 2006, Skilling was sentenced to 24 years and 4 months in prison, and fined $45 million, convicted on 19 counts of conspiracy, securities fraud, insider trading and lying to Enron's auditors. The case is currently under appeal before the 5th U.S. Circuit Court of Appeals in New Orleans. He is currently housed at low security federal prison in Littleton, Colorado. According to the Federal Bureau of Prisons, he is scheduled for release on February 21, 2028, when he would be 74 years old. The case is Skilling v. United States, 08-1394, U.S. Supreme Court (Washington). Because at least one of Skilling's convictions isn't covered by the ruling, he is likely to stay in prison over the months it will take the 5th Circuit to decide whether the honest services error is serious enough to require a new trial or dismissal of those charges.

Tuesday
Jun222010

Summer Solstice

 

Lovely time to be outdoors for yoga celebration of the first day of summer! To enjoy the sounds of nature and people together, along with a warm breeze, was divine.

Thursday
Jun172010

Golden Bear Hunt

Four-time United States Open champion Jack Nicklaus shows a determined face during his final Shell Houston Open competition in 1986 on the TPC Woodlands golf course. The Golden Bear finished in a tie for 42nd place, and earned $1,700.00. © 1986, 2010 F. Carter Smith

Thursday
Jun102010

What would these statesmen do to BP?

The morning sunrise greets "Statesmanship" just fifty miles from the Gulf of Mexico where none exists. Sculptor David Adickes placed the busts of George Washington, Abraham Lincoln, Sam Houston and Stephen F. Austin along the downtown Houston corridor of Interstates 10 and 45. I'd like to think they would be mad as hell (Sam Houston confronted a congressman beating him with a hickory cane. In the 1830's he visited Washington to expose the frauds practiced upon the Cherokees by government agents). BP owes it to these guys to start telling the truth and pay the billions to clean up the mess. It sickens my heart to even think about it.

Monday
Jun072010

That's Life (as a Rolling Stone)

 

The Rolling Stones' Tour of the Americas '75 was the Stones first tour with new guitarist Ronnie Wood, far left. Musician Billy Preston, 2nd from left, joined Mick Jagger and Keith Richards onstage as the tour officially began on 3 June 1975 at the Convention Center in San Antonio, Texas. Billy Preston, born in Houston, ascended from the gospel circuit to a career playing with many other musicians including both the Stones and the Beatles, where he was referred to as a "Fifth Beatle". Woody signed this print when photographer F. Carter Smith caught up with the boys after a 1981 Astrodome performance, in the Hyatt Regency first floor men's bathroom. Wood inscribed his name followed by "Trousers must be worn" referring to his cowboy chaps. Smith first met him on the island of Ibiza as he vacationed during his stint with Small Faces in 1972.