At least that's what I think the story is, I grew up on Marvel comics. From what little I actually do know about Sinestro he seems like a interesting enough villain, that and the costumes of anybody associated with the Green Lantern Corps. tend to be pretty awesome.
In Blackest Day
In Brightest Night
Beware Your Fears Made Into Light
Let Those Who Try To Stop Whats Right
Burn Like His Power