NMPolitics.net (https://nmpolitics.net/index/tag/investment-scandal/page/2/)
The State Investment Council says it can’t locate a subpoena and questionnaire that were missing from a group of public records released last month related to ongoing federal probes into the nationwide investment scandal. Continue Reading
The legislative Investment Oversight Committee will meet today for the last time before the upcoming session to consider three bills that could dramatically reform state investment agencies, which have been plagued by scandal in recent months. Continue Reading
Months after the N.M. Educational Retirement Board reversed courses and releases subpoenas it had previously withheld from the public, the State Investment Council did the same on Tuesday. Continue Reading
The State Investment Council has learned that Gary Bland, who resigned Wednesday, pressured investment firms to hire certain placement agents, Land Commissioner Pat Lyons says. Continue Reading
The state’s top investment officer, Gary Bland, resigned Wednesday in a letter to Gov. Bill Richardson. His resignation comes in the middle of a pay-to-play scandal involving state investments that’s the subject of federal and state criminal investigations. Continue Reading
The Wall Street Journal is taking a look at corruption allegations that are ‘swirling’ around the Richardson administration after the state’s former investment adviser admitted to recommending investments because of pressure from “politically connected individuals” who stood to benefit. Continue Reading
The founder of Aldus Equity pleaded guilty today in a kickback scandal that reaches from New York to New Mexico. Saul Meyer admitted to recommending “investments that were pushed on him by politically-connected individuals in New Mexico” while Aldus was the investment adviser to two N.M. agencies. Continue Reading
Federal and state investigators are still looking into an investment scandal that involves some prominent Richardson friends and donors, Albuquerque pollster and analyst Brian Sanderoff pointed out.
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