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Quote by L. William Seidman

“Instruct regulators to look for the newest fad in the industry and examine it with great care. The next mistake will be a new way to make a loan that will not be repaid.”

Quote by L. William Seidman

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L. William Seidman
L. William Seidman

L. William Seidman was a distinguished economist known for his contributions to the field of financial regulation. Born on April 29, 1921, and passing away on May 13, 2009, Seidman had a profound academic and practical experience in financial regulation and monetary policy. He served as the first Chairman of the Federal Deposit Insurance Corporation (FDIC) and held key positions in several financial institutions. more

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