The New Mexico Independent

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The New Mexico Independent going forward

By | 11.16.11

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…

EIB hears more anti-cap-and-trade testimony

Mesa Verde 80
By | 11.10.11

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…

New Mexico’s largest university low in popularity

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By | 11.10.11

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.

Posts Tagged Gary Bland

Gov. Bill Richardson orders termination of relationship between state and Aldus Equity Partners

By | 04.30.09 | 6:04 am

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…

TODAY’S TOP STORIES: Two defendants ask federal judge to dismiss whistleblower lawsuit

By | 03.13.09 | 9:24 am

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…

Gary Bland responds to Frank Foy lawsuit

By | 03.11.09 | 9:24 am

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…

Former ERB board member recalls riskier investments under Bruce Malott

By | 03.04.09 | 11:00 am

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.

Ex-state investment officer sues State Investment Council for records

By | 02.18.09 | 2:09 pm

Former state investment officer Frank Foy has filed a complaint to require the State Investment Council to turn over its records, according to his attorney.

Foy and attorney Victor Marshall filed the complaint today. Click here (pdf) to…

Ex-N.M. investment officer Frank Foy files suit against Education Retirement Board

By | 02.13.09 | 10:30 am

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

Contarino calls allegation that he applied political pressure on state contracts ‘a flat-out lie’

By | 02.03.09 | 4:36 pm

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.”

Former investment officer alleges pay-to-play in Richardson administration

By | 01.15.09 | 12:01 am

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.