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By Rob Nikolewski | Capitol Report New Mexico
It’s really long, really damning and a portion of it features Bill Richardson.
It’s a sprawling, 7,400-word article in the latest issue of Rolling Stone magazine by Matt Taibbi about rigging bids on municipal bonds across the country.
But unlike a lot of stories about “pay to play” and insider trading, this one actually led to convictions of three guys who worked for GE Capital, the financial arm of General Electric. The trio was convicted of taking part “in a breathtakingly broad scheme to skim billions of dollars from the coffers of cities and small towns across America.”
Read the entire story at www.capitolreportnewmexico.com
