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Whalen said last week:
- "I'm just appalled. She's not supposed to behave this way. If she wants to be an advocate for the big banks, then she ought to step down."
We covered the outrage HERE.
Here is the most gluttonous paragraph, coming from NY Fed Board member Kathryn Wylde. Characterizing her conversation with Mr. Schneiderman that day as “not unpleasant,” Ms. Wylde said in an interview on Thursday that she had told the attorney general:
- “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."
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