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.
Attorney General Gary King wants a law requiring all public officials to disclose the loans they’ve taken out after the recent scandal involving the chairman of the Educational Retirement Board (ERB) and a big loan he received from a political insider.
Bruce Malott, chairman of the Educational Retirement Board (ERB), resigned his post earlier this month after media inquiries from the Albuquerque Journal about a loan he received from the father of a man who shared in $22 million in so-called third-party marketing fees.
King’s press office sent out a list of legislative proposals Friday. One would “require disclosure of loans to government officials” in light of “the current scandal over the Chair of the ERB” receiving a $350,000 loan from a sub-contractor,” the release said.
That subcontractor was Anthony Correra, father of Marc Correra who shared in the fees paid out from dozens of investment deals involving the ERB and the State Investment Council.
Malott told the Journal he had no idea at the time that Marc Correra was receiving the fees from the ERB, an agency he was charged with helping to oversee.
We’ll see how kindly state lawmakers view that proposal in January, when the 2011 legislative session begin.
