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Economic Development Town Hall

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The New York State Assembly/Senate Puerto Rican/Hispanic Task Force held a statewide interactive Town Hall meeting on Economic Development this week, bringing together representatives of the Hispanic community from Buffalo, Rochester, Amsterdam, Bronx, Brooklyn, Manhattan and Long Island.

HITN and Time Warner Cable formatted the meetings so that all attendees could see and hear from participants attending in all of the regions across the state.

The statewide Town Hall meeting was done in correlation with the regional Economic Development Council conference held by Governor Andrew Cuomo and former President Bill Clinton, in Albany, highlighting the issue of our unemployment in our state.

Topics addressed during the interactive Town Hall meeting included: how government can help to free up financial capital investments and the issue of regulations and administrative policies that impede workforce development.

The Town Hall meeting was moderated by the Task Force Chair, Assemblyman Felix W. Ortiz. The New York State legislators who lead the discussions and served as local moderators at each location across the state were; Assemblyman Robert Rodriguez in Manhattan, Assemblyman Nelson Castro in the Bronx, Assemblyman Jose Rivera in Bronx, Assemblyman Philip Ramos in Long Island, and Assembly Minority Leader Brian Kolb in Rochester. Also participating were Mayor Anne M. Thane of Amsterdam, Lourdes Iglesias representing Hispanics United of Buffalo.

“The  Task Force’s Town Hall meeting was the first of its kind, uniting Hispanic voices across the state on the very serious issue of job loss and the need for stronger economic development. This meeting brought a multitude of new ideas that highlighted the importance of creating new jobs opportunities for New Yorkers and will help government leaders shape policies in the coming year ,” said Assemblyman Felix Ortiz.

The video of the statewide Town Hall meeting will be available for viewing on Time Warner Cable's "On Demand" channel and on the Somos New York website here.

 

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Peter Treadway, PhD

is an independent consultant and money manager and Adjunct Professor in Asia. He is currently is principal of Historical Analytics, LLC. Historical Analytics is a consulting/investment management firm dedicated to global portfolio management. Its investment approach is based on Dr. Treadway’s combined top-down and bottom-up Wall Street experience as economist, strategist and securities analyst. A monthly letter entitled The Dismal Optimist is produced for clients. Dr. Treadway also serves in a part time capacity as Chief Economist, C T RISKS, a new Hong Kong company that will assist Asian financial institutions with their risk management problems. On the educational front, Dr. Treadway has developed a special Masters level course focusing on securities analysis and discounted cash flow and incorporating elements of standard equilibrium pricing models, behavioral finance and historical trends. This course has been given as Adjunct Professor at the Shanghai University of Finance and Economics (SUFE) and the City University of Hong Kong. From 1965-2000 Dr. Treadway had a distinguished career on Wall Street and with major American financial institutions. For example, from 1978-1981 he served as Chief Economist at Fannie Mae. From 1985-1998 he served as institutional equity analyst and Managing Director at Smith Barney following savings and loans and government sponsored entities(GSEs). He was ranked as “all star” analyst eleven times by Institutional Investor Magazine. Dr. Treadway holds a PhD in economics from the University of North Carolina at Chapel Hill, an MBA from New York University and a BA in English from Fordham University in Bronx, New York.