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New Mexico predicts more education funding from investments The value of the two funds climbed to a combined $21.8 billion at the end of September. The majority of annual distributions go directly toward public schools. About $200 million flows to the state's general fund, which also underwrites public education. New Mexico struggled this year to sustain funding ...
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New Mexico demands damages from Wells Fargo New Mexico Attorney General Hector Balderas is demanding damages from Wells Fargo (NYSE:WFC) after an investigation showed the bank created nearly 19,000 unauthorized accounts in the state as part of its fake account scandal. If a resolution can't be reached, he'll pursue litigation. Wells Fargo is ...
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AG demands Wells Fargo make restitution A regional Wells Fargo spokesman said last year that up to 18,847 accounts in New Mexico might have been opened without customer approval — or about 1.9 percent of the nearly 1 million accounts in the state that were reviewed by a third-party consultant. Among those, about 1,000 account-holders ...
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