Bill Richardson |
Albuquerque Journal - New Mexico’s investment adviser was making recommendations on where the state should put more than a billion dollars of its nest egg, based on lists provided by Richardson administration insiders, according to transcripts of a secretly tape-recorded meeting.
Partners in Aldus Equity Advisors secretly recorded a September 2006 management meeting during which founding partner Saul Meyer explained how things work in New Mexico – where the company was paid $1.5 million a year to advise the State Investment Council and Educational Retirement Board. Saul Meyer told his partners that the Correras provided him a list of firms Aldus had to recommend for state investments.
Partners in Aldus Equity Advisors secretly recorded a September 2006 management meeting during which founding partner Saul Meyer explained how things work in New Mexico – where the company was paid $1.5 million a year to advise the State Investment Council and Educational Retirement Board. Saul Meyer told his partners that the Correras provided him a list of firms Aldus had to recommend for state investments.
Saul Meyer |
Anthony Correra was a close political and economic adviser to Gov. Bill Richardson and helped select Gary Bland as State Investment Officer. Marc Correra shared in more than $22 million in finder’s fees paid by companies that received the state investments. Read full story here (subscription required): News New Mexico
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