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Was Pinstripe Patronage Richardson's Downfall?

Interesting. If this happened, you'd have to be a trusting soul to think the chief of staff was some loose cannon who acted on his own. But this sounds all too familiar - political "pay to play" contributions are common, especially for bond firms:

Jan. 7 (Bloomberg) -- Federal prosecutors are asking if New Mexico Governor Bill Richardson’s former chief of staff told a state agency to hire a bond adviser that donated $100,000 to Richardson’s political committees, people familiar with the matter said.

A witness who testified before a federal grand jury in Albuquerque last month said he was asked if David Contarino, the former chief of staff, ordered New Mexties the same bond advisorico Finance Authority officials to hire Beverly Hills, California-based CDR Financial Products Inc. Another person familiar with the investigation said Contarino, 47, is a subject of the inquiry and that prosecutors are looking at whether he solicited contributions from firms that worked on finance authority bond deals.

Contarino “is a very effective political professional,” said Edward Romero, a former U.S. ambassador to Spain and the national finance chairman for Richardson’s 2008 presidential campaign. “He’s a hard worker.” Romero said he would be surprised if Contarino did anything improper.

By the way, Will Bunch ties the same bond advisor to a recent Philadelphia investigation. Hmmm.



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6 comments

Is it even possible for humans to be honest? I have seen no evidence so far. it seems that only ned flanders has integrity, and he is a chump, and a cartoon character.

whether the new attorney general for New Mexico has trumped this up. Didn't he replace the AG that wouldn't investigate the phoney voter fraud cases? We have to remember what happened to Don Siegalman.

This is a prime example of why we need public financeing of our elections so things like this cant happen. tho they will prob find away around any P.F laws that are passed I really liked richardson too he had all the experience you would ever need in any post you put him or as an sec of state too bad money even infects the competent guys

You touch on the wider issue of money corrupting the system. In this case, there ought to be a law preventing elected officials from setting up PAC's. It is just an invitation to monkey business. Richardson set up 3 PAC's and they worked as a conduit to bribery, influence peddling, chicanery, cronyism and a subversion and perversion of representation of the electorate.

Seriously, are there any honest "public servants" left?

After all the Republican scandals, it's hugely disappointing to have to go through all this shit with Edwards, Richardson, Blagovich, etc.

8 years of utter shite, and we the people are finally hoping for something better, and now we have to put up with this?

It's enough to make you go nihilist. No matter what they say, it's every man for himself, izzit?

"ordered New Mexties the same bond advisorico Finance Authority officials"

I am guessing that something got lost in the editing of this piece? lol

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