Blog

By: Michael de Yoanna

Category: Panorama, People, Politics

Posted: January 8, 2009 9:43 AM

Local Dem Consultant Michael Stratton Caught in Bill Richardson Fallout

The federal probe into New Mexico Governor Bill Richardson's alleged "quid pro quo" deal is now focusing on two of his former aides, including Michael Stratton, a well-regarded Denver-based political consultant, writes The Washington Post. Stratton, who was Richardson's senior political adviser, lobbied the state of New Mexico on behalf of JPMorgan Chase & Co., which reaped a "leading role" in municipal bonds deals, reports Bloomberg News. The situation, according to Bloomberg, "played a part" in Richardson's decision to drop out of consideration for the job of Commerce Secretary in President-elect Barack Obama's cabinet. Stratton, who is president of Denver's Stratton & Associates, has worked two decades for Democrats, including President Bill Clinton and former Colorado Governor Roy Romer. The New Mexico Independent gives a blow-by-blow as to why Stratton's dealings are of concern.

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