Dec. 15 (Bloomberg) — A federal grand jury is investigating how a company that advised Jefferson County, Alabama, on bond deals that threaten to cause the biggest municipal bankruptcy in U.S. history, did similar work in New Mexico after making contributions to Governor Bill Richardson’s political action committees.
The grand jury in Albuquerque is looking into Beverly Hills, California-based CDR Financial Products Inc., which received almost $1.5 million in fees from the New Mexico Finance Authority in 2004 after donating $100,000 to Richardson’s efforts to register Hispanic and American Indian voters and pay for expenses at the Democratic National Convention in 2004, people familiar with the matter said.
The Federal Bureau of Investigation asked current and former officials from the state agency if any staff members in the governor’s office influenced CDR’s hiring, said the people, who declined to be identified because the proceedings are secret. Richardson, who is President-elect Barack Obama’s designate for Commerce Secretary, has a staff of at least 30 people.
Ahem. Isn’t Richardson the guy who, in the words of James Carville, turned Judas on the Clintons after being paid off by obama for 30 pieces of silver, I mean a position in the Cabinet?
Hmm, an important endorsement from the West in exchange for a cabinet position. You mean like trading a cabinet position for the chance to be president? Now what does that remind me of?? Hmm, it rings a bell.
Oh yeah! It reminds me of Governor Wide Boy! (what IS it with the track suits?? Doesn’t the governor of Illinois own a freaking suit and tie like normal governors??)
And this guy Richardson, who is being investigated for shady business and campaign finance deals, is going to be the head of Commerce? In charge of regulating, promoting, and keeping tabs on good business practices in the United States?
(Do you think Bill Clinton may be getting some pay back this week?)