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.
Public pension funds are chasing higher returns and making riskier investments even as corporate America appears to be pulling away from riskier investments to protect money set aside for workers’ retirement, the New York Times reports.
A bill that would require the Educational Retirement Board to publicly disclose the pension amounts for each of its 30,000 members goes before its first committee Thursday.
At a time when double dipping has invited extra scrutiny in New…
The Wall Street Journal picked up on New Mexico’s money woes today with a story that hit on the state’s budget crisis and the investment scandals that have plagued Gov. Bill Richardson’s term. The gist of it: State legislators…
The New Mexico Educational Retirement Board has received two grand jury subpoenas, the agency acknowledged Friday. The acknowledgment came in a letter in which the agency denied a request by the Independent to get a copy of any subpoena sent to the agency by the U.S. Attorney’s office.
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.
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.
