Looks like there's more bad news for New Mexico on the investment front.
Federal prosecutors have subpoenaed state endowment records, according to a story on Bloomberg.com
It says in part:
"The New Mexico Investment Council, which includes Governor Bill Richardson, received the request earlier this month, said spokesman Charles Wollman, in a telephone interview. He declined to describe the contents of the subpoena, issued by the U.S. Attorney in Albuquerque. The state’s $6.3 billion teachers pension fund also received a federal subpoena, said general counsel Christopher Schatzman, who declined to describe its contents or to what it pertains."