William Seidman | |
|---|---|
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| Chair of the Federal Deposit Insurance Corporation | |
| In office October 21, 1985 – October 16, 1991 | |
| President | Ronald Reagan George H.W Bush |
| Preceded by | William Isaac |
| Succeeded by | Andrew C. Hove, Jr. |
| Personal details | |
| Born | Lewis William Seidman April 29, 1921 Grand Rapids, Michigan, U.S. |
| Died | May 13, 2009 (aged 88) Albuquerque, New Mexico, U.S. |
| Political party | Republican |
| Education | Dartmouth College (BA) Harvard University (JD) University of Michigan, Ann Arbor (MBA) |
Lewis William Seidman (April 29, 1921 – May 13, 2009)[1] was an American economist, financial commentator, and former head of the U.S. Federal Deposit Insurance Corporation, best known for his role in helping work to correct the Savings and Loan Crisis in the American financial sector from 1988 to 1991 as head of the Resolution Trust Corporation. He also worked as an economic adviser during three separate administrations of United States presidents: Gerald Ford, Ronald Reagan, and George H. W. Bush. He was lauded by both Republicans and Democrats for his work in cleaning up the frauds of the Savings and Loan disaster, but was pushed out of American government by the George H.W. Bush administration for disclosing the full extent of the crisis to the United States Congress and taxpayers.[2]
- ^ "Former FDIC Chairman Bill Seidman Dies at 88". CNBC. 2009-05-13.
- ^ Goodman, Peter S. (2009-05-13). "L. William Seidman, Who Led F.D.I.C. During Savings and Loan Crisis, Dies at 88". New York Times. Retrieved 2014-05-03.