Remembering Bill Seidman

/ Thursday, May 14, 2009 /
Last night I learned of the passing of Bill Siedman. This struck me more than I would have had anticipated for a couple reasons. First I’ve watched Bill on Thursday mornings on CNBC for months now as he was a regular and highly respected commentator on their morning shows and I got to liking him and his analysis of the markets and economic theory. If I was older I probably could appreciate him a bit more for his accomplishments in life but this is how I know him.

Second I think this struck me because I learned just yesterday evening that my friend’s father, whom I know well, was rushed to the emergency room with elevated blood-sugar levels. My wife, the near-doctor, tells me that this condition can kill someone if it is left untreated for too long. I’m happy to hear that this is not the case in this situation but it does remind me of our own mortality and the gift of life.

In case you don’t know who Bill Seidman is, he was most famous for his role as FDIC Chairman in the 80’s and 90’s as well as for his work in fixing the Savings and Loan crisis in the early 90’s. The following is a CNBC video remembrance of Bill Siedman. Feel free to watch all or part of it, it’s approximately 8 minutes long.















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