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.
Marc Correra, the son of a Richardson confidant, made more than $3 million – and possibly more – for his company on a half-dozen investment deals for the Educational Retirement Board (ERB), state documents released on Tuesday show. The five-page document released by the ERB also suggests that Correra earned an additional $2 million on a controversial deal that cost the state $90 million in losses.
Gov. Bill Richardson took the extraordinary step Thursday of banning the use of third-party agents in some state investments, a controversial practice that has burst into the spotlight as names involved in a New York investment scandal have popped up here.
Gov. Bill Richardson on Wednesday instructed State Investment Officer Gary Bland to initiate termination of SIC’s private equity advisor Aldus Equity Partners’ relationship with the state.
The decision comes after the FBI has questioned officials from two…
Just when I was thinking that we’d seen the worst of the economic crisis — a notion first planted in my noggin by a couple of friends and then reinforced by this recent CNN poll — I learned that…
Two high-profile defendants are asking a federal judge to dismiss a whistleblower lawsuit that alleges a pay-to-play scheme that rewarded campaign contributors of Gov. Bill Richardson with state work or investments, the Associated Press reports.
Officials announced Thursday that…
A lawsuit filed by a former state investment officer has been moved to federal court. And already there are fireworks.
Frank Foy, a former chief investment officer at the state Education Retirement Board, has alleged in a 26-page…
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…
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.
Gov. Bill Richardson’s pet brick-and-mortar projects may be on the chopping block when the Legislature convenes next Tuesday, The Associated Press is reporting.
Less than four years before the state invested with Vanderbilt Capital Advisors, the federal Securities and…
A former investment officer at a state authority alleged today that he had been pressured to award contracts and make investments based on “political considerations,” including political contributions, and that the pressure came from appointees of Gov. Bill Richardson.
Frank…
