Category: Archive

Thompson says fund is poised

February 17, 2011

By Staff Reporter

Thompson, who is running for mayor on the Democratic ticket, was speaking last week at the inaugural Black and Green awards event jointly hosted by the Irish Echo and Amsterdam News.
“We are currently performing the necessary due diligence to determine the projects that will be funded by this investment,” said Thompson, who has visited Ireland twice during his term of office.
As comptroller, Thompson is guardian of New York’s MacBride Principles policy which is aimed at eliminating job discrimination in Northern Ireland based on religion.
“New York City currently has roughly $8 billion invested in over 260 companies that do business with Northern Ireland. We believe we have a statutory duty to ensure that these firms promote fair employment,” he told the gathering at Bobby Van’s restaurant in lower Manhattan.
“Since 1985, 91 U.S. companies have agreed to adopt the MacBride Principles as a result of our efforts. I am proud to say that more than a quarter of that number, including firms such as Wal-Mart and Berkshire Hathaway, have come on board since I took office in 2002.
“These are significant victories because nobody should be left behind in the struggle for economic and political security. And we will continue to use our investment practices and public procurement policies to help build a lasting peace and modern economy in Northern Ireland,” Thompson, who was the chief honoree at the event, said.

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