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Newspaper
Roswell Daily Record
Location
Roswell, New Mexico, United States of America
Date
May 26, 2010
Page
8
The Roswell City Council and police officers reached a new contract after tense talks in prior years. Officials cited a calmer negotiation climate, adequate staffing targets, and midyear raises for nonunion staff as signs of stronger relations between the Roswell Police Department and the City Council.
The White House outlined a plan to deploy National Guard troops to assist Border Patrol with intelligence, surveillance, and training duties along the U S Mexico border. Arizona officials and lawmakers pressed for armed troops amid drug violence and illegal immigration concerns.
Frank Foy, a former New Mexico educational pension fund official, sues over investments tied to Gov. Richardson era politics. He alleges political considerations influenced decisions and seeks damages for failed mortgage securities. Investigators probe third party marketers and multimillion dollar fees.
U S and global equities fall amid debt worries and oil spill concerns. The Dow drops to 9774.48 intraday and ends at 10043.75 as bank shares rally after a Congressional stance on derivatives. Crude oil falls to 69.16.
A regulatory laxity probe expands as Interior Department officials discuss reforms. Ronald Welch could not confirm a criminal inquiry but said investigators have been in the Gulf for three weeks. Mary Kendall warns of easy movement between minerals staff and industry, noting long running relationships. The report echoes 2008 findings of ethical failure at MMS. Senators press reform including abolishing MMS and creating three new agencies.
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