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Thursday, May 14, 2009

FDIC ex-chief dies at 88


ALLENDALE, Mich. — Former Chairman of the Federal Deposit Insurance Corp. L. William Seidman has died. Grand Valley State University, of which he was the founding chairman, said Seidman died Wednesday at age 88. The Grand Rapids native was the managing partner of Seidman and Seidman, an international accounting firm. Seidman joined President Gerald R. Ford’s administration in 1974 as an economic adviser. Seidman headed the FDIC from 1985 to 1991.






wire reports

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