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David Cameron Woos Wall Street CEOs In New York

SARA KUGLER FRAZIER   07/21/10 10:05 PM ET   AP

Cameron Wall Street

NEW YORK — British Prime Minister David Cameron met with Wall Street CEOs on Wednesday to press the case for doing business in the United Kingdom and later had "a meeting of minds" with the U.N. secretary-general on global challenges ranging from Afghanistan to Mideast peace.

On his first official visit to New York City, Cameron also rubbed elbows with media and political elites at a welcome dinner hosted by Mayor Michael Bloomberg, who gave the prime minister a new iPad.

The closed meeting with Wall Street CEOs included top executives at JPMorgan Chase & Co., Goldman Sachs Group Inc., Citigroup Inc. and Morgan Stanley. The British consulate said the discussions focused on prospects for more trade and investment with the UK.

Cameron, who took office 10 weeks ago, went to U.N. headquarters in the early evening for his first meeting with Secretary-General Ban Ki-moon, who returned earlier in the day from Kabul, where he was co-chairman of an international conference on Afghanistan's future. At Tuesday's conference, foreign ministers and diplomats from the U.S. and 60 other countries endorsed President Hamid Karzai's plan for Afghan police and soldiers to take charge of security nationwide by 2014.

"We had a very successful conference in Kabul," Ban told Cameron as they posed for pictures before sitting down for talks that a British spokesman described as "a meeting of minds on the full range of current global challenges."

The two leaders "agreed that the current strategy in Afghanistan was right, and that a political surge was an essential part of the next phase of the campaign," said the spokesman, who by custom is not named.

The British leader and the U.N. chief also urged Israel and the Palestinians to move from U.S.-mediated indirect talks to direct peace talks and agreed on the need for "a concerted international effort to deliver a diplomatic solution on the Iran nuclear issue" and the "vital opportunity" at a U.N. summit in September "to get the world back on track" to meet U.N. goals to combat poverty, the spokesman said.

Cameron arrived in New York on Wednesday afternoon after a visit to Washington, where he met with President Barack Obama and discussed the war in Afghanistan at the Pentagon with U.S. officials, including Deputy Defense Secretary William Lynn.

Cameron was greeted in New York by Bloomberg at a street corner just after he arrived. The pair grabbed hot dogs from a street vendor but ignored questions from reporters while they ate. Cameron did flash a thumbs-up when asked about his lunch.

He and Bloomberg wrapped up the day with another meal together – a more refined private dinner at the Upper East Side headquarters of the billionaire mayor's philanthropic foundation.

Bloomberg, who recently acquired an iPad and has become a prolific user, gave Cameron one of the devices as a gift, a Bloomberg aide said.

The guest list, provided to The Associated Press, included Whoopi Goldberg, Katie Couric, Diane von Furstenberg, Newt Gingrich, NBA commissioner David J. Stern and News Corp. CEO Rupert Murdoch.

Pennsylvania Gov. Ed Rendell, New Jersey Gov. Chris Christie and Indiana Sen. Evan Bayh also attended, the aide said.

Guests were served grilled lamb chops, string beans and roasted fingerling potatoes and watched a private performance by Rufus Wainwright.

Cameron had hoped his first U.S. visit as prime minister would focus on trade and troop involvement in Afghanistan, but it has been overshadowed by questions of whether oil giant BP swayed Scotland's decision to release the Lockerbie bomber.

Libyan Abdel Baset al-Megrahi was convicted for the 1988 bombing of a Pan Am jet over Lockerbie, Scotland, that killed 270 people, most of them American and many from the New York area. Last year the Scottish government released the cancer-stricken al-Megrahi on compassionate grounds.

The matter has received new attention because of accusations that BP helped influence the release of al-Megrahi as part of efforts to seek access to Libyan oil fields.

BP has acknowledged that it urged the British government to sign a prisoner transfer agreement with Libya but says it never specified al-Megrahi's case.

The four U.S. senators from New York and New Jersey met with Cameron on Tuesday to press for a new investigation.

In a solo appearance Wednesday, Bloomberg said that while al-Megrahi's release was a "miscarriage of justice," he said he had no plans to press the case further with Cameron.

"That's a federal issue and there's no reason why I would bring it up," he said.

___

Associated Press Writer Edith M. Lederer contributed to this report from the United Nations.

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NEW YORK — British Prime Minister David Cameron met with Wall Street CEOs on Wednesday to press the case for doing business in the United Kingdom and later had "a meeting of minds" with the U.N.
NEW YORK — British Prime Minister David Cameron met with Wall Street CEOs on Wednesday to press the case for doing business in the United Kingdom and later had "a meeting of minds" with the U.N.
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02:38 PM on 08/05/2010
At last BP admits to pressuring the PM for the Libya prisoner release. What we said all along. Cameron denied it! GUess we know what he stands for!
02:34 PM on 07/22/2010
why was Evan Bayh invited. She him back to the country where he belongs.
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01:02 PM on 07/22/2010
Wait a min, he didn't even travel to East New York, Brownvillie to see the people.
iridium53
Semper Fi
11:10 AM on 07/22/2010
David Cameron seems to be a smart guy.
Even if his whole trip seems to be in defense of a British corporation - BP.

First he went to see Senators. Then met with Obama - the figurehead.

Then, he went up the organization and went to see Obama's bosses - Wall Street.

When corporations ask for special tax breaks, that do not encourage them to invest in their own country it is disgusting. Especially since these large corporations have their countrys' Prime Ministers and Presidents acting on their behalf.

Nice to see such open action on behalf of the Prime Ministers and Presidents on behalf of the corporate executives.
12:08 PM on 07/22/2010
Don't leave out who sent him. EVERYONE'S boss, the "City of London". It either directly or indirectly controls all mayors, councils, regional councils, multi- national and trans-national banks, corporations, judicial systems (through Old Bailey, Temple Bar and the Royal Courts of Justice in London), the IMF, World Bank, Vatican Bank (through N. M. Rothschild & Sons London Italian subsidiary Torlonia), European Central Bank, United States Federal Reserve (which is privately owned and secretly controlled by eight British- controlled shareholding banks), the Bank for International Settlements in Switzerland (which is also British-controlled and oversees all of the Reserve Banks around the world including our own) and the European Union and United Nations Organization. But don't believe me. Research it for yourself. Please.
10:39 AM on 07/22/2010
PM Cameron side trip to the US was to visit President Obama.
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Cleary, his first agenda item was Wall Street...he came to represent BP, not England.
10:33 AM on 07/22/2010
The photo in your story immediately had me wondering whether he met with any of the bankers; reading your story confirmed my suspicion. The image that immediately popped into my mind was that of Romeo Dallaire shaking hands with a mass murderer in Rwanda as depicted in the movie Shake Hands With the Devil. There are all kinds of ways to hurt people; Barack Obama wants that hurting to come to an end; stay on board with him!
08:38 AM on 07/22/2010
Is this really a story? Foreign leaders visit the US all the time and negotiate trade deals, meet CEO's and have conferences with their counter parts.
Obama did it before he was elected, Bloomberg does it, Clinton does it etc. etc.

You could have just as easily had a headline about this:

"The British leader and the U.N. chief also urged Israel and the Palestinians to move from U.S.-mediated indirect talks to direct peace talks"

Which in my opinion is far more important to the world right now, then a foreign prime minister eating a hot dog (although NYC hot dogs are damn good).
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Theatrixnyc
Remember John Lennon:Power To The People!
11:44 AM on 07/22/2010
Trying to hide something...?
12:13 PM on 07/22/2010
About what? NYC hotdogs?
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HUFFPOST SUPER USER
Matthew Harrold
Huzzah!
06:33 AM on 07/22/2010
After the way they did buisness in America there's no way in hell I want them doing the same here in the U.K.
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HUFFPOST SUPER USER
Ramkshrestha
Lumbini-Kapilvastu Day Movement
04:09 AM on 07/22/2010
UK was doing business in most of the countries, but now inviting others to do business here in UK. Time does not remain the same.
03:38 AM on 07/22/2010
A conservative politician naturally becomes friendly with wall street. It's in their blood.
08:30 PM on 07/21/2010
Cameron should take all the geniuses from Wall Street back to the U.K with him.............do us all a fovor Cameron. Take them with you.
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75thRanger
Though I Be The Lone Survivor
06:48 PM on 07/21/2010
And..................where's the story here? Another non story from HP.

“Sua Sponte”

1917, 1928, 1952, 1990
06:57 PM on 07/21/2010
"Readily will I display the intestinal fortitude required to fight on to the Ranger objective and complete the mission, though I be the lone survivor"

Fanned for being one of the best we have to offer!
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75thRanger
Though I Be The Lone Survivor
07:55 PM on 07/21/2010
Well thanks worldb........I can't tell by that small picture is that Sicily DZ? I would know it better if I was hanging from the door and looking below:). When were you in? I'm assuming you went to "Hooah School" since you know the Creed? When did you go man? Class 2-92 here.

BTW I've always been partial to the 5th stanza myself;). Have a good one and fanned back at you.

“Sua Sponte”

1917, 1928, 1952, 1990