ASU remembers

   

L. William Seidman

Dean, College of Business

   

  

William Seidman

  

May 13, 2009

L. William "Bill" Seidman, 88, died May 13. Seidman, former FDIC chairman, popular CNBC commentator and former ASU College of Business dean, is remembered as a leader who made great contributions to the economy and higher education. Seidman served as a top economic adviser to President Gerald Ford and later led the federal response to the savings and loan crisis of the 1980s as chairman of the Federal Deposit Insurance Corp. (FDIC). He served as the business school dean at ASU from 1982 to 1985. The school continues to honor Seidman through the economic research work accomplished at its L. William Seidman Research Institute founded in his name in 1992. Two important groups that Seidman created at the school also are flourishing. The Dean's Council of 100 is a national group of prominent business executives who advise the school. The Economic Club of Phoenix has become the preeminent forum for the exchange of ideas about business and the economy. Says Dennis Hoffman, an economics professor and director of the L. William Seidman Research Institute at the W. P. Carey School of Business, "Bill helped us make the first major step toward being the highly ranked W. P. Carey School we are today."