You’ve heard of Bernie Madoff, right? If not, you’re about to. The Albuquerque Journal reports New Mexico was taken in — to the tune of $18 million — by the erstwhile influential Wall Street investor who now is suspected of orchestrating one of the largest Ponzi schemes in financial history.
Meanwhile, state lawmakers sketched out a plan Thursday on how to plug the gap in the state’s operating budget estimated at more than $450 million this fiscal year, The Associated Press reports.
In the area of transportation, signal problems caused delays for the second day in a row on the Rail Runner, leading some passengers to ditch the rail service for their cars, according to the Santa Fe New Mexican.