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.
A newly reconstituted State Investment Council on Tuesday named Steven Moise as state investment officer. The selection was made with the understanding that his appointment wouldn’t be permanent until a full council was assembled. Legislative leaders, who control four seats on the State Investment Council, have yet to appoint members, although it appears those appointments may come later this month.
Moise and the Council have not agreed on a salary, Moise said Tuesday.
Moise replaces Bob Jacksha, who served as interim State Investment Officer after Gary Bland’s resignation in October.
Bland, a political appointee of the governor who made more than $301,000 per year, resigned days after New Mexico’s former investment adviser pleaded guilty to securities fraud in New York.
Saul Meyer, the founder of the investment firm Aldus Equity, admitted to recommending “investments that were pushed on him by politically-connected individuals in New Mexico” while Aldus was the investment adviser to New Mexico’s SIC and Educational Retirement Board, according to a New York attorney general news release announcing Meyer’s guilty plea.
The individuals in New Mexico Meyer spoke of haven’t been named publicly
Jacksha said Tuesday he is returning to the Educational Retirement Board as its chief investment officer.
Moise has served on the New Mexico Board of Finance for the past year.
Moise’s appointment is just the latest step in a reform effort at the State Investment Council, an agency at the center of an ongoing scandal. The agency is at the center of two federal investigations — one is a criminal probe, the other a Securities and Exchange Commission inquiry.
The Council itself was re-constituted after the Legislature passed a new law that requires multiple reforms.
