The Pay-to-Play Scandal So Far: The Furball

Albuquerque Journal reporter Mike Gallagher talks about his ongoing investigative reporting for the Journal on the state investment pay-to-play scandal that has now spawned at least five civil suits and two federal investigations.  Tapes secretly recorded in 2006 were filed in one of the civil suits on Friday, last week, January 20.  In the tapes, the head of Aldus Equity — a New Mexico investment adviser — tells partners that they must use investments recommended by Richardson cronies, the Correras, “[b]ecause the Governor runs this shit and they run the Governor.”   The ongoing federal investigation has — according to Gallagher — “entered the federal equivalent of interdimensional space” where we may never hear of it again.

Listen to the show: (35 min)

iPad users click here or (anyone) right click here to download.

A selection Mike’s articles for the Albuquerque Journal on the scandal:

(Remember to support our local papers by subscribing.  We’d be lost without them!)

Adviser: Insiders Called The Shots
By Mike Gallagher, Journal Investigative Reporter
Sun, Jan 22, 2012

Investment Lawsuits Stack Up
By Mike Gallagher, Journal Investigative Reporter
Sun, Jan 22, 2012

Lawsuit: Correra Was ‘Con Artist’
By Mike Gallagher, Journal Investigative Reporter
Wed, Nov 2, 2011

Political Payback; Cash Kickback
By Mike Gallagher, Journal Investigative Reporter
Sun, Aug 14, 2011

Pay-to-Play Claims Move Closer to Ex-Guv
By Mike Gallagher, Journal Investigative Reporter
Fri, Jul 1, 2011

Correras Took $8 Million to Paris
By Mike Gallagher, Journal Investigative Reporter
Sun, Apr 24, 2011

Also great piece in the Santa Fe Reporter from 2009:

Pay-to-Play A to Z

This entry was posted in Podcasts, Politics and Policy and tagged , , , , , , , , , , , , . Bookmark the permalink.

What do you think?

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s