New Mexico Governor Pulls Out of $19 Million Private Investment Plan

Williamson, Richard
July 2003
Bond Buyer;7/31/2003, Vol. 345 Issue 31689, p3
Trade Publication
Reports on the decision of New Mexico Governor Bill Richardson to pull out of $19 million investment in two companies named Philips semiconductor Inc. and Internet-based company PowerWAN Inc. who were planning expansion in the state. Impact of the decision of Richardson on these companies; Reason for the reversal of decision by Richardson regarding investment in these companies; Expected loss of Philips Semiconductors Inc. due to the decision of Richardson.


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