The Village Times

 

 

 

 

 

Kathryn Wylde

 

 

KATHRYN WYLDE

President and CEO of the Partnership for New York City; deputy board chair, Federal Reserve Bank of New York

 

Date Issued: August 2011
Statement: Ms. Wylde has been on our radar for a long time, thanks to her Wall Street boosterism and support for education reform. But her actions at the Aug. 7, 2011, memorial service for the former governor of New York Hugh Carey deserve special merit. According to the New York Times, Wylde ran into state Attorney General Eric Schneiderman at the event and promptly castigated him for resisting the government's settlement with banks over questionable foreclosure practices. She reportedly said: “It is of concern to the industry that instead of trying to facilitate resolving these issues, you seem to be throwing a wrench into it. Wall Street is our Main Street—love ’em or hate ’em. They are important and we have to make sure we are doing everything we can to support them unless they are doing something indefensible.”

 

All we can say to that is, right on, sister! Wall Street runs through the Village—sometimes, straight over it. The Village approves of the bank-friendly foreclosure fraud settlement and supports all efforts to stop Eric Schneiderman's zealous, shrill mission to hold them accountable for past, um, “misdeeds.”