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The New Mexico Independent going forward

By | 11.16.11

I am writing today to announce the closure of the New Mexico Independent. After three and a half years of operation in New Mexico, the board of the American Independent News Network, has decided to shift publication of its news…

EIB hears more anti-cap-and-trade testimony

Mesa Verde 80
By | 11.10.11

While environmental activists played their part yesterday during demonstrations at the capitol building, going so far as to dress up as solar panels and to sing the tune of “You Are My Sunshine,” their counterparts, the anti-cap-and-trade contingency who has…

New Mexico’s largest university low in popularity

jobs-80
By | 11.10.11

Roughly one quarter of University of New Mexico students are unimpressed with the state’s flagship public school, according to a survey that questioned college students about their higher education experiences.

State grand jury looking into scandal-plagued housing district

By | 01.08.09 | 9:16 pm

A state grand jury is investigating the workings of an Albuquerque-based housing district scandal that defaulted on payments on $5 million in bonds it sold to New Mexico, the Associated Press is reporting.

According to the wire service:

Witnesses have been subpoenaed to appear in early February, according to a person familiar with the criminal investigation who asked not to be named because of the confidential nature of the proceedings.Attorney General Gary King’s office has been investigating the Region III Housing Authority, which the State Investment Council concluded in a 2006 report had misused bond proceeds to pay salaries and benefits, make loans and buy vehicles.

The investment council in May filed a separate civil action against the agency’s former executive director, Vincent “Smiley” Gallegos, and an Albuquerque bond attorney, Robert Strumor, in an effort to recover the $5 million in taxpayer money. That lawsuit is pending.

Gallegos, a former legislator and lobbyist is a longtime friend of House Speaker Ben Lujan, D-Nambe. For years he was known to frequent the speaker’s office when the Legislature was in session.The authority is one of seven in New Mexico created to provide affordable housing.A spokesman for King, Phil Sisneros, would say only that the investigation is “ongoing.”

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