L. William Seidman
From Wikipedia, the free encyclopedia
L. William Seidman is an American economist and financial commentator.
Seidman received his undergraduate education at Dartmouth College and an MBA from the University of Michigan's Ross School of Business. Seidman began working in United States government as an economic advisor 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 currently works as a chief financial commentator for the CNBC network, as well as an occasional speaker at various financial conferences worldwide. In 2005, he debated Al Gore on economic matters at one such conference.
