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L. William Seidman Papers

L. William Seidman Papers

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Open Finding Aid

L. William Seidman Papers RHC-12

Grand Valley State University Special Collections & University Archives
1 Campus Drive
Allendale, MI 49503



Repository: Grand Valley State University Special Collections & University Archives
creatorGrand Valley State Colleges.
Title: L. William Seidman Papers
Dates: 1958-1990
Quantity: 134.0 Linear feet(132 cartons and 4 boxes)
AbstractLewis William Seidman (L. William) was an American economist and financial commentator born in Grand Rapids, Michigan. He was one of the founders of Grand Valley State College. Seidman worked as an advisor to Presidents Ford and Reagan. He served as the chairman of the Federal Deposit Insurance Corporation (FDIC) and worked extensively during the American savings and loan crisis to restore solvency to the failing savings and loan institutions. The collection documents his personal, civic, and professional life. It also includes records of his participation in the founding of Grand Valley and of his service on the Board of Control. The bulk of the collection consists of his files as chairman of the Federal Deposit Insurance Corporation (FDIC) from 1985-1991.
Identification: RHC-12
Language:

Arrangement

Arranged in 2 series: 1) Personal and professional papers 1948-1985, and 2) Records of the Federal Deposit Insurance Corporation (FDIC).

Collection Description

The L. William Seidman documents the life and work of Michigan-born economist and founder of Grand Valley State College L. William Seidman from 1958 through the end of his career in government. The collection includes personal papers; records of his participation in the founding of Grand Valley and of his service on the Board of Control 1958-1968, as an advisor to Presidents Ford and Reagan. The bulk of the collection consists of his files as chairman of the Federal Deposit Insurance Corporation (FDIC) from 1985-1991.


Biography

Lewis William Seidman (L. William) was an American economist and financial commentator born in Grand Rapids, Michigan. Seidman received his undergraduate education at Dartmouth College. He was one of the founders of Grand Valley State College and one of the original members of the Board of Control. He served from 1960-1974, and 1977-1983.

Seidman began working in United States government as an economic advisor to President Gerald Ford from 1974 to 1976, and later to President Ronald Reagan from 1982-1984. In 1985, he became the chairman of the Federal Deposit Insurance Corporation (FDIC) and served until 1991, working extensively during the American savings and loan crisis to restore solvency to the failing savings and loan sector of American banking. He was the first chairman of the related agency, the Resolution Trust Corporation, which was created specifically to address issues arising from the Savings and loan crisis, from 1989 until his retirement from active government in 1991. Since then Seidman has worked as the thief financial commentator for the CNBC network. Seidman died in 2009.


Businesspeople
Grand Valley State College.
Grand Valley State Colleges.
Grand Valley State University.
Michigan
Michigan--Politics and government
National Republican Congressional Committee.
Presidents--United States--Staff
United States--Politics and government--1945-1989

Restrictions

Restrictions on Access

Collection is open for research use.

Publication Rights

For information on copyright or permissions for this collection, contact Grand Valley State University Special Collections.


Administrative Information

Preferred Citation

[Identification of item/Title], L. William Seidman Papers (RHC-12). Special Collections & University Archives, Grand Valley State University Libraries.

Source of Acquisition

The papers were donated by L. William Seidman in 1993, and by his family after his death in 2010.


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