Recently, our investigative journalist Jim Scarantino reported on the State Investment Council’s misguided investment in the Small Smiles dental chain. I also published on op-ed on the subject.
In his follow-on report on the State’s investment in Small Smiles, Scarantino dug deeper and even requested emails from New Mexico’s top investment officers in which these highly-compensated officials express complete ignorance of how they are investing taxpayers’ money. This is just the tip of the iceberg. The SIC has not adequately tracked its investments on behalf of New Mexicans’ and the problems are beginning to bubble up. Stay tuned!
