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Nominees set

A city council member and a former state legislator will face off to see who fills the vacant Oklahoma County Commission board seat. After all precincts reported in tonight, Oklahoma City Councilwoman Willa Johnson held off a crowded field to win the Democratic nomination, while Forrest Claunch easily took the Republican nomination. Claunch, the former member […]

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Oklahoma County District 1 candidates weigh in on budget board issue

Prior to Tuesday’s primary, Oklahoma Gazette asked each Oklahoma County commissioner candidate, “Do you support the reinstitution of the Oklahoma County Budget Board?” The board, comprised of all county elected officials, determines the county’s budget each year. It was eliminated two years and reinstated this summer. RESPONSESBart Bates, Democrat (top left)“I support the Budget Board. That […]

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Court upholds death sentence

 The Oklahoma Court of Criminal Appeals upheld the death sentence given to Jimmy Dean Harris for the 1999 murder of Merle Taylor.   Harris killed Taylor on the morning of Sept. 1, 1999, when he went to confront his estranged wife, Pam Harris, who worked at Taylor’s AAMCO transmission shop in Oklahoma City. Pam Harris […]

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Everything OK, says Rocketplane

Despite funding problems and layoffs, Rocketplane Inc. officials continue their reassurance that everything is fine and state officials continue to have confidence in the Oklahoma City-based company. Rocketplane officials failed to meet a funding deadline mandated by a NASA contract to build a reusable rocket, “K-1,” to transport cargo to and from the International Space […]

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Ex-Rocketplane chief engineer says funding diverted from tourism vehicle

Rocketplane’s XP, a suborbital tourism vehicle meant to take off from the Oklahoma Spaceport in Burns Flat, is in a funding free fall, according to the project’s former chief engineer.   David Urie, who joined in 2004 as chief engineer, said funding for the craft was diverted to Rocketplane’s acquisition of Kistler Aerospace and the development […]

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Timeline of Penn Square Bank’s closing

Failure of Penn Square Bank recalled April 26, 1982: “The American Banker” publishes a story bringing into question some of Penn Square Bank’s loan practices. June 28, 1982: The Office of the Comptroller of the Currency determines PSB would fail. June 30, 1982: Oklahoma City oilman Robert A. Hefner III withdraws $28 million from his […]

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Failure of Penn Square Bank recalled

This week marks the 25th anniversary of a jolt that sent the American financial industry into chaos, with the July 5 federal takeover and closing of Penn Square Bank. Timeline of Penn Square Bank’s closing   “It was the first bank closure in decades that was newsworthy,” said Vince Orza, dean of the Meinders School […]

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