Monday, January 5, 2009

Probe Leads Richardson to Abandon Cabinet Bid -

"The governor has said he is not guilty of any wrongdoing. But a source close to him said there was too much uncertainty about the investigation to go before potentially hostile Republican senators in upcoming confirmation hearings.

A federal grand jury is investigating how CDR Financial Products of Beverly Hills, Calif., won more than $1.5 million in work advising the state of New Mexico and its state bond operations after making contributions to two of Mr. Richardson's political action committees. The "pay to play" investigation seeks to determine whether the governor's office had any role in the contracting decisions."

Though honorable, it makes one wonder, seeing as how We're so used to filthy politicians clinging like smelly barnacles while screeching their (lost) innocence. And it is definitely the first major snag of the President-elect's run-up to the White House.

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