Ravitch: Transition Speech Story Not True

Former New York Lieutenant Governor Richard Ravitch is denying published reports that he had a transition speech in the ready in anticipation that David Paterson might step down as governor. Ravitch, who served as Lt. Gov. in 2009 and 2010, has has a long career in the public and private sectors including banking, construction, as chair of the New York State Urban Development Corp., and chair of the Metropolitan Transportation Authority. He has often walked into troubled fiscal situations that few others would envy. Ravitch will speak at Albany Law School April 22 on the fiscal challenges facing local governments. Ravitch will also sign his new book, So Much To Do: A Full Life of Business, Politics And Confronting Fiscal Crises.