Mr. Elliot Broidy showed up in the news again. There is an article about Albuquerque Journal talking about a "Pay To Play" scheme involving their governor's office. Seems as though the same people that did wrong in New York and other states were busy at work in New Mexico.
We know how much some of these "placement agents" made in California; but, they were getting paid all across the nation and still we have not seen the final arrests. It is like the song by the Carpenter's "We've Only Just Begun".
No matter which state you look at, we keep finding "placement agents", politicians, unions and pension funds, corruption and failed investments in marginal developments somehow related to redevelopment agencies. Oh yeah, something I remember from college. The largest contributors to local elections are people involved in real estate and developers. Hmmm, we will keep an eye on these things. For those of you who are not familiar with these issues, take a peek at some of my earliest posts, they will provide you with plenty of specifics and links. Be well.
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