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…
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…
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.
The New Mexico General Services Department’s risk management division has paid out $162,000 to defend indviduals named in a whistleblower lawsuit filed a former investment officer for the state Educational Retirement Board.
Frank Foy, the former investment officer, has sued in court over the $90 million the state lost due to a 2006 investment. As part of the lawsuit, Foy alleged that there was a pay-to-play culture among the state’s investment agencies.
Officers at the State Investment Council and Educational Retirement Board, as well as Richardson administration officials, have vigorously denied Foy’s allegations.
Several state officials, including the state’s investment officer, Gary Bland, and the chairman of the Educational Retirement Board, Bruce Malott, are defendants in the lawsuit.
State lawmakers at a Legislative Finance Committee hearing Tuesday wanted to know how much the lawsuit had cost the state so far.
A legislative staff person informed lawmakers as of last week the state had paid out $162,000.
