Wednesday, October 21, 2009
KKIM NEWS ALERT
Statement on Gary Blands resignation from NM SIC from State Rep Janice E Arnold Jones
Dewey:
Gary Bland has resigned as head of the State Investment Council. I understand he would have suffered a vote of no confidence at a meeting later this week. Many of the risky investment practices used by the State over the last seven years were performed under the guidance of Mr. Bland. I think everyone should be given a reasonable chance to prove themselves, including Mr. Bland, although I thought his salary was excessive, While working on the Regional Housing Authority issue, Mr. Bland never backed off from insisting that the Housing Authority had serious problems that had to be addressed. I appreciated his stand. However, an early statement of Mr. Bland's stuck with me. We were discussing rare musical instruments. Mr. Bland's comment was something like -- we should get extra insurance, then let a truck run over it. We will make more money. My heart sank. This colorful character and I did not value the same things.
Janice E. Arnold-Jones
Representative, House District 24
7713 Sierra Azul NE
Albuquerque, NM 87110
(505) 379-0902 cell
(505) 986-4451 Capitol Room 412C
Dewey:
Gary Bland has resigned as head of the State Investment Council. I understand he would have suffered a vote of no confidence at a meeting later this week. Many of the risky investment practices used by the State over the last seven years were performed under the guidance of Mr. Bland. I think everyone should be given a reasonable chance to prove themselves, including Mr. Bland, although I thought his salary was excessive, While working on the Regional Housing Authority issue, Mr. Bland never backed off from insisting that the Housing Authority had serious problems that had to be addressed. I appreciated his stand. However, an early statement of Mr. Bland's stuck with me. We were discussing rare musical instruments. Mr. Bland's comment was something like -- we should get extra insurance, then let a truck run over it. We will make more money. My heart sank. This colorful character and I did not value the same things.
Janice E. Arnold-Jones
Representative, House District 24
7713 Sierra Azul NE
Albuquerque, NM 87110
(505) 379-0902 cell
(505) 986-4451 Capitol Room 412C
# posted by Dewey @ 7:59 PM 
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