Longtime Wall Avenue govt Ray McGuire introduced his candidacy for mayor Tuesday night time in a video narrated by filmmaker Spike Lee.

“Each New Yorker deserves an opportunity to get again within the sport, and all of New York deserves a mayor who can deliver this metropolis collectively and remedy this disaster,” says the Harvard College-educated McGuire, 63, who left his job as a vice chairman at Citigroup in October. “And that’s why I’m working for mayor.”

Wednesday’s announcement video, with Lee’s voiceover and slick manufacturing goes deep into McGuire’s bio. 

Raised by a single mom in Dayton, Ohio, McGuire obtained a full tutorial scholarship to the elite Hotchkiss Faculty in Lakeville, Conn. After attending Harvard School, additionally on a full journey, he earned each a JD and MBA from Harvard’s legislation and enterprise faculties.

In a Wednesday morning assertion, McGuire additionally introduced that he has employed veteran political strategist and cable TV pundit Basil Smikle as his marketing campaign supervisor.

The timing of the announcement by McGuire — till not too long ago one of many highest rating black executives in banking — was hardly random, Wall Avenue insiders advised The Put up.

“He wanted Biden to win to have an opportunity,” mentioned one financier energetic in metropolis politics. “Now that we all know the town goes to get some bailout funding, voters may desire a man who can handle that, as a substitute of a politician.”

McGuire has eschewed the town’s matching funds packages, so he’ll be capable of take bigger donations and he already raised greater than $1 million in 10 days in October, information present.

A relative unknown, he’ll want that cash to assist distinguish himself from the already massive 2021 discipline of metropolis pols vying to take over Metropolis Corridor from Invoice de Blasio.

As of now, metropolis Comptroller Scott Stringer, Brooklyn Borough President Eric Adams, former de Blasio legal counsel Maya Wiley, ex-Obama cupboard member Shaun Donovan and former de Blasio Sanitation Commissioner Kathryn Garcia are seen because the almost definitely leaders within the clubhouse.

However McGuire says he’s prepared for a brawl.

“Some of us say NY city is finished,” McGuire says within the video. “However to paraphrase the good Muhammad Ali: In the event you ever dreamed of beating New York Metropolis, you higher get up and apologize.”

To which Lee provides: “And in case you don’t know, now you realize. Dig?”


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