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| Seidman was one of the principal founders of ], helping galvanize local support for the establishment of a public four-year university in West Michigan. <ref>http://www.gvsu.edu/gvnow/?fuseaction=home.read_news&id=3B56191F-F333-67DC-4DE1CA840EED822C</ref> | Seidman was one of the principal founders of ], helping galvanize local support for the establishment of a public four-year university in West Michigan. <ref>http://www.gvsu.edu/gvnow/?fuseaction=home.read_news&id=3B56191F-F333-67DC-4DE1CA840EED822C</ref> | ||
| Seidman died of natural causes in ] |
Seidman died of natural causes in ]. | ||
| ==Notes== | ==Notes== | ||
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Lewis William Seidman (April, 29, 1921 - May 13, 2009) was an American economist, financial commentator, and former head of the FDIC.
Born in Grand Rapids, Michigan. His wife was Sally Seidman; they had six children.
Seidman received his undergraduate education at Dartmouth College, his law degree from Harvard University, and his MBA from the University of Michigan's Ross School of Business. Seidman began working in United States government as an economic adviser to President Gerald Ford from 1974 to 1976, and later in a related capacity to President Ronald Reagan from 1982-1984. In 1985, he became the chairman of the Federal Deposit Insurance Corporation and served until 1991, working extensively during the American savings and loan crisis to restore solvency to the failing savings and loan sector of American banking. He was the first chairman of the related agency, the Resolution Trust Corporation, which was created specifically to address issues arising from the savings and loan crisis, from 1989 until his retirement from active government in 1991.
He worked as a chief financial commentator for the CNBC network, as well as an occasional speaker at various financial conferences worldwide. Seidman also joined SecondMarket, Inc. in December 2008 and served as a senior advisor to the firm. In 2005, he debated former Vice-President Al Gore on economic matters at one such conference.
The FDIC office complex in Arlington, VA is named for Seidman.
Seidman was one of the principal founders of Grand Valley State University, helping galvanize local support for the establishment of a public four-year university in West Michigan.
Seidman died of natural causes in Albuquerque, New Mexico.
Notes
- http://www.cnbc.com/id/30725704
- http://www.ft.com/cms/s/0/8e8b6514-c6e9-11dd-97a5-000077b07658.html
- http://www.gvsu.edu/gvnow/?fuseaction=home.read_news&id=3B56191F-F333-67DC-4DE1CA840EED822C
Read and hear Mr. Seidman's talk at the Gerald R. Ford Library on April 22, 2009 entitled "The U.S. Economy...What's Ahead?" www.fordlibrarymuseum.gov
References
- Seidman's bio at bankdirector.com
- Seidman's bio at Promontory Interfinancial Network, LLC
- L. William Seidman Research Institute at Arizona State University
- Files from Gerald R. Ford Presidential Library
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