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 man who is suing New Mexico for allegedly defrauding New Mexico taxpayers out of $150 million and his lawyer are scheduled to appear in front of the Senate Judiciary Committee Thursday. According to a press release from the Senate Republican Party, Frank Foy and Victor Mashall will “present information they have uncovered surrounding state investment practices and regarding the legal action they have filed to recover the money.”
The testimony, at 1 p.m. Thursday afternoon, will be webcast and live-blogged by The New Mexico Independent.
As we previously wrote:
Foy, a former chief investment officer at a state board, appeared to be leading the charge Wednesday when he came forward to allege that he had been pressured to award contracts and make investments that would reward political campaign contributors of Governor Bill Richardson.
Foy, who until last summer worked for the Education Retirement Board, is alleging in a 26-page complaint unsealed Wednesday that pressure was exerted on officers at his former agency and at the State Investment Council, to make investments that ultimately lost the state nearly $90 million.
