Bill Thompson goes back to bond firm after failed New York mayor bid

New York City mayoral candidate Bill Thompson speaks to the media after participating in the New York City Candidate Stickball Challenge in Brooklyn August 27, 2013. Credit: REUTERS/Brendan McDermid
New York City mayoral candidate Bill Thompson speaks to the media after participating in the New York City Candidate Stickball Challenge in Brooklyn August 27, 2013. Credit: REUTERS/Brendan McDermid

Bill Thompson, a former top New York city finance chief and two-time mayoral hopeful, is rejoining his former municipal bond house, Siebert Brandford Shank & Co, after losing the Democratic primary for New York city mayor, the firm said on Wednesday.

Thompson, who served as city Comptroller from 2002 to 2009, where he oversaw more than $100 billion of city pension funds and acted as watchdog for the city’s budget, will return to Siebert as chief administrative officer and senior managing director.

Siebert specializes in the underwriting municipal bonds. The firm said Thompson would be critical as it explores “new business opportunities in other sectors” outside infrastructure.

“Given all of the uncertainty surrounding federal, state and city budgets in recent years, it is more important than ever for municipalities to have access to experienced financial industry guidance,” Thompson said in a press release.

Thompson left Siebert, where he had worked from 2010 to 2013, to run for mayor of New York, losing in the Democratic Primary to Bill De Blasio. Thompson ran for mayor previously in 2009. He secured the Democratic nomination but lost the race to incumbent Michael Bloomberg by a narrow margin.


News
Entertainment
Sports
Lifestyle
International

Jews in eastern Ukraine ordered to register, Kerry…

Secretary of State John Kerry condemned reports that Jews in eastern Ukraine had been ordered to register with the authorities "or suffer the consequences."

National

Chelsea Clinton pregnant with first child

Chelsea Clinton is pregnant with her first child.

National

Divers struggle in search for South Korean ferry…

By Jungmin Jang and Narae KimMOKPO/JINDO, South Korea (Reuters) - Rescuers struggled with strong waves and murky waters on Thursday as they searched for hundreds…

National

New Hampshire moves to decriminalize adultery

For the first time in hundreds of years, it's about to be legal to cheat on your spouse in New Hampshire.

Television

Dick Wolf to bring fictionalized world of 'Law…

A&E has ordered a pilot called "D.O.A." from "Law and Order" mastermind Dick Wolf that will focus on real detectives reexamining cold cases. A trio…

Movies

Review: 'Transcendence' is not stupid but sometimes lacks…

The cyberthriller "Transcendence" explores artificial intelligence, nanotechnology and other ethical quandaries, but has too much ambition, if anything.

Television

Shane West talks WGN America's 'Salem'

The actor on history lessons, a new network and showing his butt.

Music

Both feet on the ground with Aimee Mann…

What began with a cool double-bill of Ted Leo opening for Aimee Mann morphed into a full-fledged collaborative project that they're calling The Both. “There…

Sports

2014 Boston Marathon preview: Elite American, International runners…

2014 Boston Marathon: Elite American, International runners to watch

NBA

2014 NBA Finals odds: Ranking which playoff teams…

2014 NBA Finals odds: Ranking which playoff teams have the best shot at a championship. The Thunder, Clippers, Heat and Rockets lead the way.

NFL

2014 Patriots, full NFL schedule release date announced

2014 Patriots, full NFL schedule release date announced

NBA

Fantasy basketball: Finding next year's NBA studs

Before we put the 2013-14 fantasy basketball season to bed, it’s worth thinking about next year’s breakouts while they’re fresh in our mind.

Style

Light-up nail art syncs with phone

This Japanese technology syncs light-up nail art with your phone.

Wellbeing

Why is dance cardio taking off in NYC?

Instructors at some of the city's hottest classes explain why.

Travel

Earth Day travel in the Florida Keys

See why this eco-friendly destination deserves your attention.

Tech

Sorry, Facebook — FarmVille goes mobile with 'Country…

Zynga has released a version of the hit "FarmVille" tailored for smartphones and tablets in the hope of reaping a bumper crop of players.