Richardson: Friends in high places.
The Treason Lobby did themselves a good turn when they intimidated Matt Taibbi out of writing about immigration. He would have been dangerous.The Scam Wall Street Learned From the Mafia Rolling Stone June 21 2012 is primarily about startling Wall Street corruption
...GE Capital…Along with virtually every major bank and finance company on Wall Street – not just GE, but J.P. Morgan Chase, Bank of America, UBS, Lehman Brothers, Bear Stearns, Wachovia and …spent the past decade taking part in a breathtakingly broad scheme to skim billions of dollars from the coffers of cities and small towns across America. The banks achieved this gigantic rip-off by secretly colluding to rig the public bids on municipal bonds, a business worth $3.7 trillion.
But on Page 5 the Taibbi meat axe gets buried in Bill Richardson
…former New Mexico governor and presidential candidate Bill Richardson resurfaced during the trial. Barack Obama, you may recall, had nominated Richardson to be commerce secretary – only to have the move blow up in his face when tales of Richardson accepting bribes began to make the rounds. Federal prosecutors never brought a case against Richardson: In 2009, an inside source told the AP that the investigation had been "killed in Washington."
(VDARE.com emphasis)The smoking gun is pretty smoky (CDR was a brokerage firm coordinating the collusion):
… defense counsel got Doug Goldberg, the CDR broker to admit that his boss, Stewart Wolmark, had handed him an envelope containing a check for $25,000. The check was payable to none other than Moving America Forward – Bill Richardson`s political action committee. Goldberg then went to a Richardson fundraiser and handed the politician the envelope. Richardson, pleased, told Goldberg, "Tell the big guy I`m going to hire you guys."…What we get from this is that CDR paid Bill Richardson $100,000 in contributions and got $1.5 million in public money in return. And not just $1.5 million, but $1.5 million for work they didn`t even do – the state still had to hire another firm to do the actual job. Nice non-work, if you can get it.
Bill Richardson, of course is the (75% Mexican) Professional Hispanic former Clinton Energy Secretary and Governor of New Mexico who reportedly very much upset the Clintons and their retainers by quickly endorsing Obama after folding his own Presidential run in 2008.A move which apparently paid off, so to speak.