Conditions.. and investments – Redux

Mick mentioned the Hearts and Minds interview with New York City Comptroller, William Thompson. He opens by futuring on the Investment Conference, but his position on the MacBride principles [3min 40s in] and the Emerald Fund are worth comparing to his previously stated position – noted here. Whereas he had said, of projects selected by the Emerald Fund, “I think that they understand that we are still committed to the MacBride Principles and I think that they’ll make that clear to anybody they’re going to do business with”, he is now stating that, whilst companies the NY Pensions Funds have stocks in will continue to apply the MacBride principles, projects selected by the Emerald Fund will rely on the application of the, “very strong”, “laws that are in place.”