Tuesday, November 3, 2009

Richardson Mulls Giving CDR Donations to Charity

Gee Bill, after considering your non\exoneration and the damage the company did to the state it might make the most sense to cut your ties, unless of course the money train has stopped flowing since your recent fall from grace:

Richardson mulls CDR-fund donation

Gov. Bill Richardson said Monday he doesn't know whether he'll give to charity the $110,000 in political contributions from CDR Financial Products — a California company whose president was indicted last week over federal fraud charges.
"I'll have to review that," Richardson said at a news conference. Then he added jokingly, "Did I get donations from them?"


CDR's contributions to Richardson's political committees around the time the company got work handling bond contracts for a state transportation program in 2004 led to a federal investigation that eventually led to Richardson withdrawing from consideration for a Cabinet position in the Obama administration last January. The investigation ended with the Justice Department deciding not to indict anyone.


Last week following the CDR indictments, Lt. Gov. Diane Denish, who is running for governor, donated $10,000 in CDR contributions to two Albuquerque charities.

I am still convinced the Democratic Governor's association is the key to unraveling a great deal to what happened.

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