Northern Trust, the custodian bank for billions of dollars in assets controlled by the state treasurer’s office, the State Investment Council and two public employee retirement boards, was also a large donor to Gov. Bill Richardson’s electoral campaigns, according to the Santa Fe Reporter’s blog.
That’s the first paragraph of today’s post, followed by this humorous line: “Maybe it would be easier to just start naming banks that do business with the state that didn’t give to the guv.”
The blog continues:
Northern Trust was hired by the New Mexico Board of Finance in September 2003, after Richardson took office. The company and its executives gave $20,000 to Richardson’s 2006 gubernatorial campaign, and $15,500 to his 2008 Presidential campaign, according to state and federal campaign finance reports compiled by the Center for Responsive Politics, the National Institute on Money in State Politics and the IRS.
The company also donated $10,000 to ¡Si Se Puede! Boston 2004, the political committee that Richardson formed to handle expenses for that year’s Democratic National Convention.