Marc Correra: The Link Between New York’s Pension Scandal And “Toxic Waste” In New Mexico? | Talking Points Memo

Three weeks ago we told you about accusations that the New Mexico State Investment Council had been under political pressure to invest teachers’ retirement funds in risky investments like a $90 million “toxic waste” CDO backed by subprime mortgages — and wondered if any of the other intensifying corruption investigations across the country might involve some of the same pay-for-players.

This is a companion discussion topic for the original entry at