SARA TIRSCHWELL CALLS FOR YANG TO DROP OUT OF MAYORAL RACE
“The toxic culture Yang has cultivated within his campaigns wholly disqualifies him from becoming Mayor of New York City.”
February 1, 2021
New York, NY… Sara Tirschwell, a distressed finance trailblazer and single mother running for Mayor of New York City has dealt with the consequences of a toxic workplace firsthand. She released the following statement in response to the recent news about the “sexism, discrimination, and hostile ‘bro culture’” of Andrew Yang’s campaign and the fact that he was forcing staff to sign non-disclosure agreements.
“Working on Andrew Yang’s team sounds a lot like working on Wall Street, but for less money. Facing sexism, discrimination and a hostile workplace is a struggle I have been through firsthand and finally had to stand up to. Good for the women involved with his campaign who spoke up. I know exactly how hard it is to do and I empathize. “Bro” culture has no place in our city government. The toxic culture Yang has cultivated within his campaigns wholly disqualifies him from being the Mayor of New York City.”
ABOUT SARA TIRSCHWELL
Sara’s story is a classic New York tale of grit, determination, and a search for more.
Sara grew up in Corpus Christi, the daughter of an Army dentist. Her mother committed suicide when she was three years old, and her stepmother died of multiple myeloma when she was 14. Loreen Anderson became the mother of Sara’s heart, until this past Valentine’s Day, when she was killed in a fire. Sara persevered, graduated from Rice University with a degree in Economics, and got her first job in banking during the 1987 financial crisis.
In 1989, Sara moved to New York City to begin her career in distressed finance. She became one of the first loan traders on Wall Street. Professionally, Sara was breaking glass ceilings… but personally, adversity struck again with the death of her first husband from alcoholism, the end of her second marriage, and the suicide of her best friend. But she persevered again.
Sara is a trailblazer. She spent almost 30 years as one of the few leading women in distressed finance and restructuring, the best part of which was at Davidson Kempner Capital Management. She has worked as a portfolio manager, a partner in a start-up hedge fund, and a longtime analyst and investor in troubled companies and countries. Most importantly, she raised two daughters as a single mom.
In 2017, Sara spoke up about sexual discrimination. Called “Wall Street’s first #MeToo case,” – Sara bravely spoke out about her experience, and continues to advocate for women in the male-dominated culture of high finance. Today, Sara continues to work as an investor and restructuring advisor, and as the CFO of Foundation House, a provider of addiction treatment services that was founded in the aftermath of 9/11 to honor victim Peter Kellerman’s life.
For more information visit https://www.saraformayor.com/.