Roswell Daily Record
Vol. 121, No. 116 50¢ Daily / $1 Sunday
INSIDE NEWS
GOP KILLS CIVIL UNIONS IN COLO. DENVER (AP) — A lastditch effort by Colorado’s governor to give gay couples in the state rights similar to married couples failed Monday after Republicans rejected the proposal during a special legislative session.
THE VOICE OF THE PECOS VALLEY
May 15, 2012
TUESDAY
www.rdrnews.com
No sign of shareholder revolt against Dimon
NEW YORK (AP) — JPMorgan Chase CEO Jamie Dimon owned up to stock analysts and went on TV to accept blame for a $2 billion trading mistake. Next he faces shareholders, who are considerably less wealthy since the blunder was disclosed. While Dimon may be greeted by colorful protesters and tough questions at the JPMorgan annual meeting in Tampa, Fla., on Tuesday, shareholders are unlikely to call for his head. For them, facing the crisis without Dimon might be a bigger nightmare than the trading loss itself. “When a bank is dealing with this sort of a chal-
lenge, you want someone of his caliber to shepherd it through,” said longtime JPMorgan shareholder Michael Holland, chairman and founder of money manager Holland & Co. That has not been a universal opinion since Thursday, when Dimon disclosed to analysts that the bank had lost $2 billion by making a bad bet with so-called credit derivatives. Investors lopped almost 10 percent off JPMorgan’s stock price the next day, and 3 percent more on Monday. Since Dimon made the announcement, almost $20 billion in market value has evaporated. Over the weekend, Elizabeth Warren, architect of
AP Photo
People arrive at JPMorgan Chase headquarters in New York, Monday. the Consumer Financial Protection Bureau and a Senate candidate from
Massachusetts, called for Dimon to give up his board seat at the Federal Reserve
- PAGE A3
TOP 5 WEB
For The Past 24 Hours
• David Lawrence found not guilty • JPMorgan executive is expected to resign • Martinez speaks at NMMI’s 118th • ENMU-R graduates • Vander Hulst signs with Cedarville
INSIDE SPORTS Julia Bergman Photo
Members of the Boy Scouts participate in the opening ceremony of the 29th Leadership Roswell Alumni Association candidate forum.
Political hopefuls give answers during Leadership Roswell forum JULIA BERGMAN RECORD STAFF WRITER
HE’S OUT- NO BOSH FOR HEAT MIAMI (AP) — Chris Bosh and the Miami Heat were relieved by the diagnosis. It’s the prognosis — or lack of one — that’s a source of worry now.
Some are vying to retain their current positions, others are hoping to outseat their competitors in hopes of providing new perspective, but no matter the objective, 12 Republican hopefuls seeking six
TODAY’S OBITUARIES
HIGH ...78˚ LOW ....54˚
TODAY’S FORECAST
CLASSIFIEDS..........B6 COMICS.................B5 FINANCIAL .............B4 GENERAL ..............A3 HOROSCOPES ........A8 LOTTERIES ............A2 NATION .................A7 OPINION ................A4 SPORTS ................B1 WEATHER ..............A8
INDEX
The LRAA plans to conduct a forum in the fall for the general election, which will include statewide positions. The LRAA has now asked questions of 320 candidates seeking 155 positions. Candidates running for the same positions were asked the
same questions, which they were unaware of ahead of time. Some questions prompted contentious answers. Incumbent District Attor ney Janetta Hicks and attorney Janet See FORUM, Page A3
Rep. Ezzell to seek re-election
- PAGE B1
• Gary Dale Andrews • Kris C. Colacion • Louis F. Little • Dwight Cockrum • Aryssa Lucero • Howell Whiting • Gloria Montoya - PAGE A2
contested area positions in the upcoming primary were present at the 29th Leadership Roswell Alumni Association candidate forum Monday evening. There are no contested Democratic primary races in this area. The primary election will take place June 5.
Rep. Candy Spence Ezzell, R-Roswell
JULIA BERGMAN RECORD STAFF WRITER
A fifth-generation New Mexican, Rep. Candy Spence Ezzell, R-Roswell, a rancher and an advocate of agricultural issues, says she is seeking re-election to her House District 58 seat. She has served as a state House representative since 2005. Ezzell called for controlling and downsizing gover nment, both municipally and statewide, so as not to infringe on individuals’ everyday lives. She said the state’s current regulations are too strict. “Business owners can’t even take care of busi-
ness because of all the rules and regulations, forms, paperwork and everything else that goes along with it,” Ezzell said. She listed the EPA as a proponent of this type of overregulation. “I want clean air and clean water just like everybody else does, but they’re going a little bit overboard especially in the economic times that we’ve been having,” Ezzell said. She cited, as example, a time, when she visited with the home economics teacher at Roswell High. The EPA had shut down the school’s home economics kitchen because the items the students were making were not inspected. “That’s just wasteful in my opinion,” she said.
Ezzell indicated her support of providing tax incentives for new businesses coming to New Mexico. “We need to make sure the workforce in the state of New Mexico is viable. It’s not going to be (the) government that provides jobs. In the long run with gover nment creating jobs we’re actually paying for it,” she said. Ezzell called for an overhaul of the state’s
See EZZELL, Page A3
Bank of New York. And on Monday, White House press secretary Jay Carney, without singling out Dimon, said that Washington can’t prevent “bad decisions being made on Wall Street.” He pointed out that it was the bank and its shareholders, not bailoutweary taxpayers, who were suffering this time. Dimon will be talking to shareholders from a position of weakness for the first time. He has built a reputation as a cost-cutting zealot and an expert at keeping risk under control. He led JPMorgan into a stronger position than
Romney gets jabbed in new ad
See JPMORGAN, Page A3
WASHINGTON (AP) — President Barack Obama tried Monday to tar nish Mitt Romney as a corporate titan who got rich by cutting rather than creating jobs, opening a new effort to undercut the Republican’s claims that his background of business success is just what America needs in a time of deep economic uncertainty. At the center of the Obama campaign effort are a new website, TV ad and online video including interviews with onetime workers at a Kansas City, Mo., steel mill that Romney’s former private equity firm failed to successfully restructure. Workers lost jobs and health care benePensions were fits. reduced. “It was like a vampire. They came in and sucked the life out of us,” says steelworker Jack Cobb. Add John Wiseman: “Bain Capital walked away with a lot of money that they made of f this plant. We view Mitt Romney as a job destroyer. Countering the criticism, Romney’s campaign said the former Massachusetts See ROMNEY, Page A3
Almost 50 decapitated bodies found in Mexico
Casa Maria Health Care Center celebrates National Nursing Home Week. From left: Director of Nursing Rebecca Thompson Ramirez, Mayor Del Jurney and Administrator Dan Barber.
Casa Maria and mayor kick off National Nursing Home Week Mayor Del Jurney went to Casa Maria Health Care Center to issue a proclamation for the kick of f of National Nursing Home Week, Monday. “We salute our citizens who planted the seeds that made our community possible,” Jurney said. He gave residents and staf f who gathered to hear his remarks his personal thanks for their contributions to Roswell. After the proclamation, the residents and visitors were treated to ice cream sundaes. Administrator Dan Bar-
ber said there were a lot of great things planned for the week, including a Western Day, a Hawaiian Day, and a Creative Day where residents can do face painting or design their own T shirts. They will bring in local talent for entertainment, such as the Rac-aTap dancers and the Sweet Leilanis The 111-bed facility is in the process of being remodelled. Barber said, “We want the community to know that we are trying to improve the life (of) our resSee CASA, Page A3
CADEREYTA, Mexico (AP) — Authorities struggled Monday to identify 49 bodies without heads, hands or feet to gain clues into the latest in a series of massacres from an escalating war between Mexico’s two dominant drug cartels, with increasing evidence that innocents are being pulled into the bloodbath along with gang rivals. More than 24 hours after the gruesome discovery, officials had yet to identify any of the mutilated corpses found near the northern industrial city of Monterrey. None of the bodies examined so far showed signs of gunshots, Nuevo Leon state security spokesman Jorge Domene told Milenio television. Though it was unclear who the victims were, it was the fourth massacre in a month. Mexico’s inte-
See CARTEL, Page A3