SocraticGadfly: Big Bill Richardson troubles mount

January 15, 2009

Big Bill Richardson troubles mount

Looks like the New Mexico Gov was hiding from Obama vetters even more stuff than first revealed.

Now, Frank Foy, the former chief investment officer at the state’s Education Retirement Board, claims he was pressured by Big Bill staffers to make investments in Vanderbilt Capital, investments which ultimately tanked to the tune of millions of dollars.

Oh, Vanderbilt gave Big Bill $15K in campaign donations.

Foy also alleges he was demoted for resisting and that he eventually had some trumped-up sexual harassment charges preferred; he was convicted on three counts.

That said, while the FBI has not yet talked to Foy, the Securities and Exchange Commission has.

Hmmm, maybe Richardson could replace Tim Geithner as Obama’s Treasury designee?

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