Feds Subpoenaed University of New Mexico Over CDR Financial Products Dealings

This would explain Keith Mellor's reference to CDR's business with the University as one of the reasons CDR was hired by New Mexico Finance Authority in the first place.

Steve Terrel-The New Mexican-Via Trip Jennings

The Richardson administration's transportation program finance plan isn't the only New Mexico project involving CDR Financial Products that federal investigators are investigating.

Last year, in September and November, the U.S. Justice Department subpoenaed records of bond transactions for The University of New Mexico, dating back to
2002......

Although CDR is not mentioned specifically in either of the two UNM subpoenas, a university spokeswoman confirmed the company is mentioned in some of the documents the university gave to the government, and CDR was paid $56,000 in November 2002. Spokeswoman Susan McKinsey said Tuesday that it's possible other payments were made to CDR from the UNM bond sales.

Its a tangled Web to say the least.
For the full Pay For Play CDR and the Democrats including what Black Box deals are click here.