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 says that the state should not be responsible for the legal fees incurred by former Educational Retirement Board member Bruce Malott.
Since June, Martinez has attempted to tie Denish in the public’s mind to Richardson and his administration’s numerous scandals, from pay-to-play allegations, federal criminal inquiries and charges of cronyism. The question is, with two months to go before the November election, does another headline-grabbing scandal strengthen the Martinez campaign’s efforts?
Lt. Gov. Diane Denish, the Democratic gubernatorial nominee, said in a statement released Thursday morning that she was “angry and disappointed” upon learning of Bruce Malott’s decision to borrow money from Anthony Correra. Here’s the whole statement:
“When I learned
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Bruce Malott, chairman of the Educational Retirement Board (ERB), abruptly resigned his post Wednesday after media inquiries from the Albuquerque Journal about a loan he received from the father of a man who received $22 million in so-called third-party…
Whistleblower Frank Foy plans to go to court to try and stop the state from defending a former State Investment Officer and at least one public official, his attorney said Tuesday.
“We’re waiting to get hearings,” Victor Marshall said,…
Texas-based Aldus Equity, New Mexico’s former investment adviser, appears to have drawn the interest of federal prosecutors, according to two federal subpoenas that have been made public. The subpoenas were released by the Educational Retirement Board Thursday afternoon.
The Educational Retirement Board has just released the two subpoenas it received from the U.S. Attorney’s Office.
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
Frank Foy’s lawsuit alleging a pay-to-play scheme is an attempt to benefit from the “near collapse” of global financial markets and the resulting “devastation” to some of New Mexico’s investments, says one of the suit’s primary…
Five audits of the state’s affordable housing system conducted by the Albuquerque-based Meyners + Company turned up none of the widespread problems that led to its near total collapse in 2006, a review of public documents reveals
Pauline Turner, who Frank Foy’s attorneys describe as ‘a key witness’ in Foy’s pay-to-play case against the state, says the New Mexico Educational Retirement Board made hasty and risky investment decisions that weren’t understood by some board members. Malott is the embattled ERB chairman.
Former state investment officer Frank Foy has filed a complaint to require the Education Retirement Board to turn over its records, his attorney said Friday morning.
Foy and his attorney, Victor Marshall, filed the complaint on Thursday. Click here…
Gov. Bill Richardson refused Tuesday to answer whether he or anyone in his office knew that his brother-in-law had applied to become deputy director of the New Mexico Retiree Health Care Authority.
The agency hired Richardson’s brother-in-law Bill…
Gov. Bill Richardson refused Friday to answer whether he or anyone in his administration had sent the message out for state agencies to hire Albuquerque-based Meyners + Company to do auditing work.
State records show that Bruce Malott’s auditing firm has won nearly $7.8 million in public auditing contracts since Bill Richardson became governor, compared to $274,000 in the five years prior. Long before Malott won high-level appointments from the governor, he also served as his campaign treasurer.
Dave Contarino says an allegation that he ordered other officials to make state investments in exchange for a little more than $15,000 in contributions to Gov. Bill Richardson’s 2008 presidential campaign is “a flat out lie.”
A former state investment officer on Tuesday named David Contarino as the state government official who exerted pressure to award contracts and make investments that would reward political campaign contributors of Gov. Bill Richardson.
A former investment officer at a state board came forward Wednesday to allege that he had been pressured to award contracts and make investments that would reward political campaign contributors of Gov. Bill Richardson.
