BDO Seidman Founder Dies

Submitted by Colleen Lutolf on Wed, 05/13/2009 - 16:28

L. William Seidman, founder of Seidman & Seidman Certified Public Accountants (now BDO Seidman) died today, according to msnbc.com. He was 88.

From 1985 to 1991, Seidman served as the fourteenth chairman of the Federal Deposit Insurance Corporation. Under President George H.W. Bush, Seidman was tapped to lead the newly created federal agency, the Resolution Trust Corp. (RTC), which was charged with cleaning up the S&L mess.

He also served as a CNBC chief commentator and published his first blog for the media company in October 2008.

Seidman also served as a consultant to the World Bank, Deposit Corporation of Japan, Morgan Stanley (Asia), Ernst & Young, Nippon Credit Bank, Freddie Mac, and the Capital Group, according to msnbc.com. He also was a member of the board of directors of InteliData, Fiserv, Clark/Bardes, Quepasa.com., GMAC Mortgage, and LML Systems.

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