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Richardson Reportedly Cleared in Pay-to-Play Probe

By the Associated Press

Posted Aug 27, 2009 7:19 AM CDT

(AP) – New Mexico Gov. Bill Richardson and former members of his administration will not face charges in a yearlong pay-to-play investigation, a source tells the AP. A federal grand jury has been probing whether lucrative work on state bond deals was improperly awarded to a Richardson donor—derailing his nomination as Commerce secretary in the Obama administration. Top Justice Department officials made the call, says an insider: "It's over. There's nothing. It was killed in Washington."

Federal investigators reviewed whether political contributions influenced the selection of California-based CDR Financial Products as an adviser on state transportation bond transactions, and whether Richardson's former chief of staff played a role in the hiring of CDR. The company's CEO and his firm contributed $110,000 to Richardson political committees in 2003-2005, with the largest donation made less than a week before winning a big contract.

In this Jan. 5, 2009 file photo, New Mexico Gov. Bill Richardson speaks during a news conference in Santa Fe, NM, after withdrawing his nomination as Commerce Department secretary.
In this Jan. 5, 2009 file photo, New Mexico Gov. Bill Richardson speaks during a news conference in Santa Fe, NM, after withdrawing his nomination as Commerce Department secretary.   (Craig Fritz)
New Mexico's Gov. Bill Richardson imitates a photograph of Ernest Hemingway during a visit to his former home in San Francisco de Paula, east of Havana, Wednesday, Aug. 26, 2009.
New Mexico's Gov. Bill Richardson imitates a photograph of Ernest Hemingway during a visit to his former home in San Francisco de Paula, east of Havana, Wednesday, Aug. 26, 2009.   (Javier Galeano)
New Mexico Gov. Bill Richardson answers questions from the media during his visit to the Roswell Public Library in Roswell, N.M. on Wednesday afternoon, Jan. 14, 2009.
New Mexico Gov. Bill Richardson answers questions from the media during his visit to the Roswell Public Library in Roswell, N.M. on Wednesday afternoon, Jan. 14, 2009.   (AP Photo/Roswell Daily Record Mark Wilson)
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COMMENTS
Showing 3 of 7 comments
Stuart
Aug 27, 2009 12:47 PM CDT
Where are the anti-Clintonistas screaming about how this is another Clinton act? Punishment for disloyalty.
Mad
Aug 27, 2009 10:21 AM CDT
Gotta admit, Richardson showed no class in the way he shit on Hillary
freethemall
Aug 27, 2009 5:49 AM CDT
Jimmy the trader? Enough said.

Copyright 2012 Newser, LLC. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. AP contributed to this report.

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