Commentary Magazine


Contentions

It’s Hard To Keep Up

Now word comes that a federal grand jury is looking into Governor Bill Richardson’s receipt of a political contribution from a company that advised New Mexico on bond deals:

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.

Other than to say Richardson is aware of the issue and expects everyone to co-operate, Richardson’s office had no further comment. Nothing from the Obama transition team, so far.

Perhaps this will turn out to be nothing. Perhaps Rahm Emanuel will face no further inquiry. But for number of investigations involving top advisors before he takes office, President-elect Obama certainly has set a new record.

To be clear, we don’t know whether anyone did anything improper in either situation. But it does put a premium on candor and not weasel-worded responses concerning aides’ involvement in matters under investigation. Speaking of which, does it really take a  week to compile a list of contacts between the transition team and Blago’s office?

Could we perhaps start with the Chicago-based advisors who logically would have had contact with Blago? Really, Valerie Jarrett, David Axelrod and Emanuel should be able to come forward and explain what was said, if anything, to whom and when. Far better for it to come out now, and frankly be lost in the holiday news black hole, than to have it hang over the transition team.


Join the discussion…

Are you a subscriber? Log in to comment »

Not a subscriber? Join the discussion today, subscribe to Commentary »





Welcome to Commentary Magazine.
We hope you enjoy your visit.
As a visitor to our site, you are allowed 8 free articles this month.
This is your first of 8 free articles.

If you are already a digital subscriber, log in here »

Print subscriber? For free access to the website and iPad, register here »

To subscribe, click here to see our subscription offers »

Please note this is an advertisement skip this ad
Clearly, you have a passion for ideas.
Subscribe today for unlimited digital access to the publication that shapes the minds of the people who shape our world.
Get for just
YOU HAVE READ OF 8 FREE ARTICLES THIS MONTH.
FOR JUST
YOU HAVE READ OF 8 FREE ARTICLES THIS MONTH.
FOR JUST
Welcome to Commentary Magazine.
We hope you enjoy your visit.
As a visitor, you are allowed 8 free articles.
This is your first article.
You have read of 8 free articles this month.
YOU HAVE READ 8 OF 8
FREE ARTICLES THIS MONTH.
for full access to
CommentaryMagazine.com
INCLUDES FULL ACCESS TO:
Digital subscriber?
Print subscriber? Get free access »
Call to subscribe: 1-800-829-6270
You can also subscribe
on your computer at
CommentaryMagazine.com.
LOG IN WITH YOUR
COMMENTARY MAGAZINE ID
Don't have a CommentaryMagazine.com log in?
CREATE A COMMENTARY
LOG IN ID
Enter you email address and password below. A confirmation email will be sent to the email address that you provide.