Entries tagged "William Seidman"
At the Securities Industry and Financial Markets Association's Summit on the Troubled Asset Relief Program Monday afternoon, L. William Seidman, former chairman of the FDIC and the Resolution Trust Corp., talked about creating a market for assets that no one wants to buy. "Creating a market is painful," Seidman said, referring to the RTC program he ran that was created to deal with the S&L crisis. ...
L. William Seidman, former chairman of the FDIC and the Resolution Trust Corp., was the lunch speaker at the Securities Industry and Financial Markets Association's Summit on the Troubled Asset Relief Program Monday afternoon. As chair of the FDIC during the last financial crisis, Seidman started off by reassuring the audience that the crisis would pass, but he quickly focused on the seriousness of the situation. ...
