I am not sure what this all means; does it mean there was no evidence, or that they just don't want to pursue the case with the evidence at hand?
"It's over. There's nothing. It was killed in Washington," the person told The Associated Press.
I am still wondering why we accept at face value "
someone" and "
the person" as a credible news source.
If you read the story to the end you can see a fair amount of smoke.
"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, David Contarino, played a role in the hiring of CDR.
Prosecutors also subpoenaed records of another former Richardson aide, David Harris, and one of the governor's close political advisers, Michael Stratton.
Harris served as Richardson's deputy chief of staff and then became executive director of the New Mexico Finance Authority, which selected CDR for the bond financing work. Stratton, a Denver-based political consultant, served as a senior adviser to Richardson's 2008 presidential campaign and was a consultant to CDR and another financial firm when the Finance Authority put together the bond deals in 2004.
The state work generated almost $1.5 million in fees for CDR in 2004-2005.
CDR chief executive David Rubin and his firm contributed $110,000 to Richardson political committees in 2003-2005. The largest of those contributions, $75,000, was made less than a week before CDR was selected in June 2004 by the Finance Authority to handle the reinvestment of idle bond proceeds. The firm earned $443,000 in fees for its reinvestment work.
CDR received more than $1 million in fees in May 2004 for serving as a financial adviser on interest rate swaps for the transportation bond issues and as the manager of bond proceeds held in escrow.
The bonds financed a $1.6 billion state transportation program that was called GRIP - Gov. Richardson's Investment Partnership. The Legislature approved the transportation plan, which included the governor's commuter rail proposal, in the fall of 2003 during a special session.
The Finance Authority is a quasi-public agency that issues bonds and helps develop low-cost financing for state and local projects. The governor indirectly controls the authority because its 12-member board is made up mostly of executive branch department administrators and gubernatorial appointees. "
I tend to lend more credence to facts and figures than what "someone" said.
If they have something then use it. If they have nothing to prosecute for then let it go.