Schooling in the Ownership Society: Mazany reports to Fed Bank board: "There's no safety net left..."

Schooling in the Ownership Society: Mazany reports to Fed Bank board: "There's no safety net left...":

Mazany reports to Fed Bank board: "There's no safety net left..."

by Mike Klonsky

Mazany

Seven times a year, the nine-member board of the Federal Reserve Bank of Chicagomeets in the most secure building in the city, in the bowels of LaSalle Street, where millions of dollars in worn-out cash are shredded every week in the basement. --Melissa Harris' Chicago Confidential

I was fascinated to learn that Terry Mazany, the chief executive of the Chicago Community Trust and former interim chief of the Chicago Public Schools, sits on the board of the Federal Reserve Bank of Chicago along with USG Corp. Chairman William Foote, Northern Trust CEO Frederick Waddell, Allstate CEO Thomas Wilson and executives from Wisconsin, Iowa and Indiana. I think Mazany had hopes of staying on as the mayor's permanent schools CEO, but Emanuel brought