The defendants showed no emotion as the verdicts were read in a Midland federal courtroom. The convictions come nearly two years after a jury first heard the case but failed to reach a verdict. The initial trial in Lubbock lasted nearly seven months with testimony from more than witnesses. It ended in a mistrial when jurors were deadlocked. The case epitomized the greed of the s and was one of the first signals that the thrift industry was in trouble, prosecutors said.
The government claimed Faulkner and Toler arranged illegally inflated appraisals for hundreds of condominium developments along Interstate 30 and then paid off bankers like Blain to give them massive construction loans, which they pocketed,. Also tangled in the politics of the turnpike was the s routing of IH 20 in south Arlington. Support garnered from the city of Arlington aided in directing the planned alignment of the route through southern reaches of the municipality, which was then rural at the time.
Completed several decades later, IH 20 accelerated growth and economic prosperity of the city. Turnpike bonds were paid off 17 years ahead of schedule. As a result, the toll road was turned over to the state. Interstate 30 crossing Lake Hubbard east of Dallas, Texas. The interchange pictured here joins the freeway with Darlock Road between two causeways. Photo by Justin Cozart. This was completed in The interchanges with Jefferson Avenue and Four States Parkway former Highway were improved after with wider overpasses built for both roadways across I That work preceded construction to modify the cloverleaf with State Line Avenue U.
Known as New Benton Highway, the route utilized what is now southbound University Avenue and the westbound roadway of I Two lanes were added to New Benton Highway before the upgrade to I by The former alignment of U. University Avenue U. This route was originally a part of Business Loop I The University name was first applied to the section north of Asher Avenue, which was originally named Hayes Street after the 19th President, in The work involved upgrading several bridges and widening the freeway to three lanes in each direction.
The wye interchange at University Avenue was modified with the addition of loop ramps in Work finished in March completed the freeway expansion east of the interchange with Congo Road at milepost to Geyer Springs Road. Improvements at the trumpet interchange with I added a second lane from Exit eastbound. Proposals once outlined an extension of I northeast along the U. As envisioned, Interstate 30 would turn east along U.
Interstate , a freeway spur between Swifton and Jonesboro, was advocated by the Jonesboro Regional Chamber of Commerce in anticipation that U. Further east, the freeway reaches Benton and the far outer suburbs of Little Rock. I increases in capacity on the northeast approach to I, I and I within the capital city. Combining with U. This organization was given the responsibility to oversee toll road construction conducted by private parties.
In , construction began on what was the first tolled facility in the Lone Star State. The turnpike did not come without compromise however. To sell the idea to the city of Arlington, an east-west connection to Grand Prairie was required. This was accomplished by constructing SH , the Pioneer Parkway, which was completed in Also tangled in the politics of the turnpike was the s routing of IH 20 in south Arlington.
Support garnered from the city of Arlington aided in directing the planned alignment of the route through southern reaches of the municipality, which was then rural at the time. Completed several decades later, IH 20 accelerated growth and economic prosperity of the city. Turnpike bonds were paid off 17 years ahead of schedule. As a result, the toll road was turned over to the state. Interstate 30 crossing Lake Hubbard east of Dallas, Texas.
The interchange pictured here joins the freeway with Darlock Road between two causeways. Photo by Justin Cozart. This was completed in The interchanges with Jefferson Avenue and Four States Parkway former Highway were improved after with wider overpasses built for both roadways across I That work preceded construction to modify the cloverleaf with State Line Avenue U.
Known as New Benton Highway, the route utilized what is now southbound University Avenue and the westbound roadway of I Two lanes were added to New Benton Highway before the upgrade to I by The former alignment of U. University Avenue U. This route was originally a part of Business Loop I
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