The Honorable L. William Seidman 1921 - 2009 Economist and Chief Commentator, CNBC Former Chairman, FDIC Mr. Seidman founded The Washington Campus, Inc. in 1978.  He was Chief Commentator at CNBC-TV until 2009, Publisher of Bank Director Magazine, and a Director of Fiserv and US Order, Inc. Previously, Mr. Seidman served as the fourteenth chairman of the Federal Deposit Insurance Corporation from 1985 to 1991. He became the first chairman of the Resolution Trust Corporation (RTC) in 1989 and served until 1991.  During his tenure at the FDIC, the agency handled over one thousand bank failures, and took over the

administration of the insurance fund of the S&L industry. While at the RTC, he supervised the creation of an agency of 8,000 employees handling over $400 billion in assets from failed S&Ls.

Mr. Seidman served in the White House as President Gerald R. Ford’s Assistant for Economic Affairs from 1974 to 1977. He also served with President Reagan as co-chair of the White House Conference on Productivity in 1983 and 1984.

Among many other accomplishments, Mr. Seidman was also managing partner of Seidman & Seidman Certified Public Accountants (now BDO Seidman), New York, from 1968 to 1974. Under his stewardship, the firm expanded from a small family enterprise to become a national public accounting firm.

The Washington Campus is sad to announce that Bill Seidman passed away on May 13, 2009.  Read the news release.