“You’re not in kindergarten anymore” — Tense moments in committee looking at recovering investment losses

From Capitol Report New Mexico - George Muñoz had had enough. After an attorney for the State Investement Council (SIC) challenged a lawyer who’s been a harsh critic of the council to accept an envelope filled with documents in the middle of the Investments and Pensions Oversight Committee meeting hearing Wednesday (July 27), Muñoz let loose: “We’re not going to create a pissing match here between who has the best lawyers,” the committee chairman said. “Everybody here has to remember who you work for. It’s the people of the state of New Mexico. Whether you like the guy or you don’t … we’re not in kindergarten anymore.” It was just one of a number of heated moments Wednesday afternoon. It wasn’t a steel cage death match, but by the normal, slow-moving standards of the Roundhouse, the hearing it was nearly worthy of the WWE. Fireworks were already expected, given the fact that the committee had called the three main parties involved in the state’s efforts to recover some of the millions of dollars lost in alleged “pay to play” scandals in the SIC and the Educational Retirement Board (ERB). Read more
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