Bill Seidman

Former FDIC Chairman Bill Seidman Dead at 88

By Noel Sheppard | May 13, 2009 - 15:32

A truly great American, former FDIC chairman Bill Seidman, died Wednesday at the age of 88.

CNBC.com reported moments ago:

Mr. Seidman was born April, 29, 1921, in Grand Rapids, Mich. He received his undergraduate degree from Dartmouth College, his LLB from Harvard University and his MBA from the University of Michigan's Ross School of Business.

During World War II, Mr. Seidman served in the U.S. Navy as a communications officer on a destroyer and received the Bronze Star while serving in the invasion of the Philippines, Iwo Jima, and Okinawa.