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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.

Governor’s office: Richardson never had contact with Saul Meyer

By | 10.06.09 | 8:17 pm

“The Governor’s Office is not aware of any activity outlined by the Attorney General of New York,” said spokesman Gilbert Gallegos about Saul Meyer’s guilty plea.

“As we have previously explained, Governor Richardson never spoke with Marc Correra about any state investments, and the Governor never had any personal contact with Saul Meyer.”

Meyer’s firm, Aldus Equity, was the state’s investment adviser for five years until earlier this year, when the State Investment Council and Educational Retirement Board quit using the firm.

A press release announcing Meyer’s guilty plea Tuesday in New York included this statement:

“In addition, from 2004 through February 2009, Aldus acted as an adviser to the New Mexico State Investment Council (“SIC”) and the New Mexico Educational Retirement Board (“ERB”) in the State of New Mexico. Meyer admitted that on numerous occasions, contrary to his fiduciary duty to SIC and ERB, he ensured that Aldus recommended proposed investments that were pushed on him by politically-connected individuals in New Mexico, knowing that these politically-connected individuals or their associates stood to benefit financially or politically from the investments and that the investments were not necessarily in the best economic interest of New Mexico.”

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