3 Valley mayors blast Kasich for 'Wall Street values'

The Democratic mayors of three Mahoning Valley communities criticized John Kasich, the Republican gubernatorial nominee, for what they called his “Wall Street values.”

Today’s press conference was held outside Youngstown City Hall on the two-year anniversary of Lehman Brothers’ filing for Chapter 11 bankruptcy protection. With $600 billion in assets, it was the largest bankruptcy in the nation’s history.

At the time of the bankruptcy, Kasich was one of about 700 managing directors for Lehman, a major financial-services company.

Lehman’s collapse “was part of the trigger to what’s been deemed the greatest economic recession since the Great Depression,” said Youngstown Mayor Jay Williams.

He was joined by Warren Mayor Michael O’Brien and McDonald Mayor Glenn Holmes.

Kasich has repeatedly said that to blame him for the collapse of Lehman and economy is wrong and unfair.

For the complete story, read Thursday’s Vindicator and Vindy.com