The NY Federal Reserve Board and Partnership of NY aka Oligarchs of NY

http://www.thestreet.mobi/story/11229152/ny-fed-board-fails-to-measure-up.html
Since I have been trying to learn a little about Glenn Hutchins I googled NY Federal Reserve and found this article that exposes The Partnership of NY I dubbed the Oligarchs of NY. Here are a few fascinating paragraphs!!!

"Over the weekend, Gretchen Morgensen of the New York Times highlighted how Kathryn Wylde, who is the president of the Partnership for New York City and is a New York Fed director, got into a loud disagreement with New York state Attorney General Eric Schneiderman at a funeral last week.
Wylde told Schneiderman she (and by extension the New York Fed) disapproved of his unwillingness to approve a deal between Bank of America (BAC) and several investors suing for shady practices by its Countrywide unit.
The settlement, if not for Schneiderman holding it up, would have prevented future investigations into what kind of shenanigans went on during the mortgage lending heyday of 2005 to 2007.
Wylde apparently thinks that what's good for big Wall Street banks is what's good for New York City, New York State, and the country. If the banks want to sweep a bunch of deceitful practices under the rug, politicians and administrators like her should roll over and accept it." Click to read more!!!!