Thread: Richardson dropping bid for top post

Richardson Drops Bid for Top Post
Grand Jury Investigates Governor

This was the story on yahoo


Slideshow: Bill Richardson Play Video Barack Obama Video: Bottom Line: Obama Economic Plan ABC News Play Video Barack Obama Video: A Spooky Stay FOX News AP – In this Dec. 3, 2008, file photo, President-elect Barack Obama and Commerce Secretary-designate New Mexico … WASHINGTON – New Mexico Gov. Bill Richardson on Sunday announced that he was withdrawing his nomination to be President-elect Barack Obama's commerce secretary amid a grand jury investigation into how some of his political donors won a lucrative state contract.

Richardson's withdrawal was the first disruption of Obama's Cabinet process and the second "pay-to-play" investigation that has touched Obama's transition to the presidency. The president-elect has remained above the fray in both the case of arrested Illinois Gov. Rod Blagojevich and the New Mexico case.

A federal grand jury is investigating how a California company that contributed to Richardson's political activities won a New Mexico transportation contract worth more than $1 million. Richardson said in a statement issued by the Obama transition office that the investigation could take weeks or months but expressed confidence it will show he and his administration acted properly.

"I have concluded that the ongoing investigation also would have forced an untenable delay in the confirmation process," Richardson said. "Given the gravity of the economic situation the nation is facing, I could not in good conscience ask the president-elect and his administration to delay for one day the important work that needs to be done."

Richardson said he will remain as governor and told Obama, "I am eager to serve in the future in any way he deems useful."

The announcement came ahead of Obama's Monday meetings with congressional leaders on a massive economic recovery bill he wants lawmakers to pass quickly.

Obama said he has accepted Richardson's withdrawal, first reported by NBC News, "with deep regret."

"Governor Richardson is an outstanding public servant and would have brought to the job of Commerce Secretary and our economic team great insights accumulated through an extraordinary career in federal and state office," Obama said. "It is a measure of his willingness to put the nation first that he has removed himself as a candidate for the Cabinet to avoid any delay in filling this important economic post at this critical time. Although we must move quickly to fill the void left by Governor Richardson's decision, I look forward to his future service to our country and in my administration."

A person familiar with the proceedings has told The Associated Press that the grand jury is looking into possible "pay-to-play" dealings between CDR Financial Products and someone in a position to push the contract through with the state of New Mexico.

State documents show CDR was paid a total of $1.48 million in 2004 and 2005 for its work on a transportation program.

Richardson ran against Obama in the Democratic presidential primary, but withdrew after a poor showing in the Iowa caucuses and New Hampshire primary.

He is one of the most prominent Hispanics in the Democratic Party, having served in Congress and as President Clinton's ambassador to the United Nations and energy secretary. As governor, he has kept up an international profile with a specialty in dealing with rouge nations. Obama also considered him to be secretary of state.

CDR and its CEO, David Rubin, have contributed at least $110,000 to three political committees formed by Richardson, according to an AP review of campaign finance records.

The largest donation, $75,000, was made by CDR in June 2004 — a couple of months after the transportation financing arrangement won state approval — to a political committee that Richardson established before the Democratic National Convention that year.

In the Illinois case, Blagojevich is accused of trying to sell the Senate seat that Obama gave up to become president. Obama and two of his top aides have been interviewed by the U.S. attorney's office pursuing the case but have denied any knowledge of such a scheme and have not been accused by prosecutors of any wrongdoing.

1 down 2 to go, great news

Originally Posted by Reciprocity

1 down 2 to go, great news

Now that would really make my day!

well, well what do you know? Raza Richardson has skeletons in his closet...must be pretty serious if he's stepping down from the much coveted OBAMA cabinet position. If only Hilda Solis and Cecilia Munoz would do the same.

Originally Posted by legalatina

well, well what do you know? Raza Richardson has skeletons in his closet...must be pretty serious if he's stepping down from the much coveted OBAMA cabinet position. If only Hilda Solis and Cecilia Munoz would do the same.

He was Told to step down. Which means he's in trouble.

wow, some good news to wrap up the weekend,

OR

start a brand new week

Someone needs to change the headline (post subject) above from "Richard" to RICHARDSON for clarity.

Money from CDR Financial Products in 2004 and 2005.

That means Richardson was dirty and running for president.

Dixie

You CAN NOT swing a Dead Cat around in Washington without hitting a dirty corrupt politician. NEARLY every single one has some sort of scam going on. If you look at them close you can see each one has a charity or foundation setup to take in BRIBE money, where they also receive a salary from.