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.
CDR Financial Products, the company that was at the center of New Mexico’s GRIPgate scandal that recently ended without charges being filed, was indicted along with some of its employees today in a national probe into bid rigging in the municipal bond market.
U.S. Attorney General Eric Holder was in Albuquerque today to speak to the Hispanic National Bar Association, but he was kept away from reporters and offered no answers to questions about the Department of Justice probe into play-to-pay allegations.
Why haven’t the New York Times and Washington Post been following up on the DOJ’s decision not to prosecute Richardson? The conservative think tank the Heritage Foundation wants to know. Short answer: It was never really their story.
A letter sent by U.S. Attorney Greg Fouratt to defense attorneys involved in a year-long investigation of Gov. Bill Richardson’s administration has been called “stupid” by Joseph diGenova, a former Republican U.S. attorney for the District of Columbia.
According to…
The New Mexico Finance Authority has asked the office of Attorney General Gary King to look into trying to recover millions of dollars lost in a deal at the center of a federal pay-to-play investigation, the authority’s chairman said yesterday.
U.S. Attorney General Eric Holder dodged questions Friday on the active pay-to-play investigation involving the New Mexico Mortgage Authority.
CDR, the firm at the heart of New Mexico’s GRIPgate pay-to-play scandal, is also at the center of a nationwide investigation into whether the firm, along with banks, overcharged local governments for its services.
In an Albuquerque Journal Op-Ed today, Democratic Party of New Mexico Chairman Brian Colón says political motivations are at play in the federal investigation into whether there was a pay-to-play deal between the Richardson administration and CDR Financial.
You know those financial deals — called interest-rate swaps — that CDR Financial put together for the New Mexico Finance Authority as an adviser on the GRIP project? (These are deals that are part of the focus of an ongoing…
The GRIPgate grand jury has subpoenaed communications between two of Richardson’s top advisers and a representative of JPMorgan Chase in its effort to find out if Richardson’s office influenced the New Mexico Finance Authority’s decision to hire CDR Financial…
Gov. Bill Richardson isn’t the only one who probably regrets ever hearing the letters CDR. CDR Financial Products Inc. is the Beverly Hills-based financial service firm that is the subject of the federal investigation that derailed Richardson’s nomination as Secretary of Commerce. Twenty municipalities are now suing CDR on the ground that it advised them to make deals with banks that paid kickbacks to the firm, and elected officials from Philly to Birmingham have been arrested in connection with sketchy bond deals.
Gov. Bill Richardson’s former chief of staff, David Contarino, is a subject of the federal investigation into whether Richardson pressured the New Mexico Finance Authority to give a lucrative contract to a California firm that contributed significantly to Richardson PACs,…
Michael Stratton, an advisor to Gov. Bill Richardson’s presidential campaign and a fundraiser for Richardson, lobbied New Mexico for JPMorgan Chase, a financial services company involved in the municipal bond deals currently under investigation, Bloomberg reports.
Why do we…
Add another juicy nugget to the Bill Richardson saga.
TPM Muckraker noticed something interesting buried in a Washington Post article “on the incipient infighting between the [Barack] Obama and Richardson camps about who’s to blame for the aborted…
We haven’t figured out yet what to call this scandal. GRIP Slip? CDR-Gate? Rubin-water?
(Actually, we’re open to suggestions, hopefully some that don’t involve -gate or -water. Post them in the comments.)
In the meantime, Muckety.com has posted a…
Just in case you missed it, the New York Times reported last week on Gov. Bill Richardson’s potential problem getting confirmed as commerce secretary, given the federal investigation of CDR Financial Products Inc.’s ability to gain lucrative contracts…
