New details of the first NBC trial, Sean Payton, deny the reported struggles over ownership of the Broncos, and a breakfast sandwich shop will soon appear in downtown New Orleans. See today’s top stories in New Orleans on Thursday, January 26, 2023.
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In first NBC fraud trial, Mississippi developer says he built a debt ‘black hole’ with Ryan’s help
Gary Gibbs, who testified in the federal fraud trial of Mississippi developer and First NBC Bank founder Ashton Ryan, told jurors Thursday about the true state of his waning real estate empire for years. also lied, saying they built up a mountain of bad debt that played a central role. Role in bank failures of 2017.
By the time the bank collapsed, Gibbs was the largest borrower, owing over $130 million of the nearly $1 billion in bad debt that bankrupted the bank.
He blamed Ryan for letting the loan spiral out of control.
“At the time, I didn’t know it was a scam,” Gibbs claimed when cross-examined by Ryan’s attorney. “I had a very experienced banker and accountant, so I just followed his recommendation.”
Here’s the full story.
Louisiana Governor Denies Parole for Man Who Helped Murder Barry Seal for Escobar’s Cartel
Louisiana governor Barry Seal, a drug trafficker and federal informant who worked to overthrow Colombia’s cocaine lords, before being murdered in the parking lot of a halfway home in Baton Rouge in the 1980s. rejected a request for pardon for a man imprisoned for plotting the murder of .
Bernardo Antonio Vazquez, who is serving a life sentence without parole, was tasked by Pablo Escobar’s cartel to track Seal’s movements in Baton Rouge before he was murdered in 1986. Vasquez said in September he asked the state pardon board to grant him parole. The committee unanimously decided to recommend that John Bell his Governor Edwards reduce Vasquez’s sentence and grant him parole.
Edwards ultimately decided that Seal’s status as a federal witness and the lengths Vasquez had spent planning the murder outweighed their support.
Here’s what the governor had to say about this decision.
Sean Payton fights off reports of ‘potential power struggle’ with Broncos ownership
Former New Orleans Saints coach Sean Payton has denied a Washington Post report that he has pulled out of interest in coaching the Denver Broncos due to a possible rift with the ownership group.
On Thursday morning, the Post was intrigued by the idea of Peyton coaching quarterback Russell Wilson, but said negotiations between him and the Broncos were “a potential power struggle with members of the ownership group. It was reported that it was cold because of “.
Hours later, Peyton tweeted that there was “zero truth” in the Washington Post report.
Read more from reporter Luke Johnson here.
All-day breakfast sandwiches at new downtown restaurant Aarón Sánchez
On-the-go breakfast sandwiches take center stage in a new star chef restaurant in a busy corner of the CBD.
Celebrity chef Aaron Sanchez and partners at Mexican restaurant Johnny Sanchez are developing a new concept called ShowBird. Located next to the 930 Poydras Apartment Building on the corner of Poydras Street and O’Keeffe Avenue, it was formerly the location of Jamba Juice.
ShowBird is a casual counter service restaurant serving breakfast and lunch. It is scheduled to open in the spring.
Learn more about.
High-tech helicopter flight leading to pollution notice at oil and gas plant in Louisiana
The rare use of high-tech helicopter surveillance led to a federal pollution violation notice against a list of Louisiana oil and gas facilities, documents and officials said, with inspections covering a wide range of plants statewide.
The overflight using an infrared-sensing camera occurred in 2021, but was only recently revealed to the public through filings with the Federal Environmental Protection Agency. This is the first time the EPA has used helicopters to conduct an extensive survey of air pollution at factories statewide, an EPA spokeswoman said.
“The helicopter investigated 5,181 tanks, 226 flares, and 62 other leaks and sources of emissions,” said EPA spokesman Joseph Robredo. “Hydrocarbon emissions were detected from approximately 47 unique sources at 29 different facilities. Some emissions were permitted, some were not.”
This is what it means for the facilities involved.
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