NMPolitics.net (https://nmpolitics.net/index/tag/public-corruption/page/12/)
Good things have happened for New Mexico so far in 2009. We should be thankful for the good, and perhaps the bad can be put into proper perspective. Here are a few of those good things in which the Attorney General’s Office was involved. Continue Reading
I have been surprised at the minimal attention given to the recent indictment of the heads of CDR Financial Products — David Rubin, Zevi Wolmark and Evan Zarefsky. Here’s a look at what’s contained in the indictments. Continue Reading
Amid the latest revelations about political cronies taking the taxpayer for a very expensive ride, I want to remind New Mexicans that they really don’t need to settle for an ‘everybody does it’ state, or state of mind. 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
Gov. Bill Richardson may be asked to share, under oath, whether he knows anything about the scandal in the state’s housing authority system that culminated in 2006 with the default of $5 million in bonds owed to the State Investment Council. Continue Reading
Government agencies shouldn’t be allowed to get away with ignoring a state law requiring them to submit annual audits, but nearly three dozen are doing just that. How do we know those agencies aren’t rife with corruption? We don’t. Continue Reading
Freshman Sen. Tim Eichenberg, D-Albuquerque, is admitting that remarks he made about Lt. Gov. Diane Denish’s chances of winning the governor’s race in 2010 “stirred up emotions on both side(s) of the aisle.” Continue Reading
In a new, in-depth report into the embattled CDR Financial Products, Bloomberg details $27.7 million in bonds NM’s Region III Housing Authority sold in 2003 “with the help of” CDR. Continue Reading
This is the Land of Pay to Play after all. The scandals two of five finalists have faced in their home states are concerning. As the Albuquerque Journal put it, “Barring good explanations, the Board of Regents is down to three viable candidates to lead the state’s second-largest institution of higher learning.” Continue Reading
UPDATED: The company that was at the center of the scandal that cost Gov. Bill Richardson the U.S. commerce secretary post was indicted along with three employees today as part of a national probe into bid rigging in the municipal bond market. Continue Reading
New Mexico has a long history of battling corruption dating back to before statehood. It’s time to take the next step by prohibiting contractors, lobbyists and other special interests seeking subsidies or tax breaks from making or bundling political contributions. 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
Now that the federal pay-to-play probe is over, the New Mexico Finance Authority has released copies of two subpoenas it received during the investigation. Continue Reading
Diane Denish is now claiming to be a champion of ethics reform, but she hasn’t always supported open government. By contrast, I share the belief of the late U.S. Supreme Court Justice Louis Brandeis, who wrote, “Sunlight is the best disinfectant.” Continue Reading
New Mexico is facing a double crisis — one political and about the culture of corruption, and the other financial. The two are connected. Continue Reading