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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.

Ex-N.M. investment officer Frank Foy files suit against Education Retirement Board

By | 02.13.09 | 10:30 am

Former state investment officer Frank Foy has filed a complaint to require the Education Retirement Board to turn over its records, his attorney said Friday morning.

Foy and his attorney, Victor Marshall, filed the complaint on Thursday. Click here (pdf) to read it.

In addition to its goal of getting the agency’s records, “the complaint also seeks to disqualify ERB Trustees Bruce Malott and Gary Bland from any involvement in this matter, because they have an obvious conflict of interest,” Marshall wrote in an e-mail to the media.

Malott is currently facing allegations from Foy in a 26-page civil complaint that alleges Malott pressured him to make investments in a deal that ultimately lost the state nearly $90 million. Foy has said he felt pressured to reward contracts also to campaign contributors of Gov. Bill Richardson.

Foy has charged in the same complaint that Bland also pressured his agency to make investments based on who contributed to Richardson.

Both Malott and Bland have dismissed the allegations in the strongest terms.

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