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Lewis William Seidman
Lewis William Seidman (April 29, 1921 – May 13, 2009) was an American economist, financial commentator, and former head of the U.S. Federal Deposit Insurance Corporation, best known for his role in helping work to correct the Savings and Loan Crisis in the American financial sector from 1988 to 1991 as head of the Resolution Trust Corporation. He also worked as an economic adviser during three separate administrations of United States presidents: Gerald Ford, Ronald Reagan, and George H. W. Bush. He was lauded by both Republicans and Democrats for his work in cleaning up the frauds of the Savings and Loan disaster, but was pushed out of American government by the George H.W. Bush administration for disclosing the full extent of the crisis to the United States Congress and taxpayers. Life and career Early life Seidman was born to a Jewish family on April 29, 1921, in Grand Rapids, Michigan, the son of Esther (Lubetsky) and Francis Edward Seidman, a founder of the accounting f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Deposit Insurance Corporation
The Federal Deposit Insurance Corporation (FDIC) is a State-owned enterprises of the United States, United States government corporation supplying deposit insurance to depositors in American commercial banks and savings banks. The FDIC was created by the Banking Act of 1933, enacted during the Great Depression to restore trust in the American banking system. More than one-third of banks failed in the years before the FDIC's creation, and bank runs were common. The insurance limit was initially US$2,500 per ownership category, and this has been increased several times over the years. Since the enactment of the Dodd–Frank Wall Street Reform and Consumer Protection Act in 2010, the FDIC insures deposits in member banks up to $250,000 per ownership category. FDIC insurance is backed by the full faith and credit of the government of the United States, and according to the FDIC, "since its start in 1933 no depositor has ever lost a penny of FDIC-insured funds". Deposits placed wit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Finance
Finance refers to monetary resources and to the study and Academic discipline, discipline of money, currency, assets and Liability (financial accounting), liabilities. As a subject of study, is a field of Business administration, Business Administration wich study the planning, organizing, leading, and controlling of an organization's resources to achieve its goals. Based on the scope of financial activities in financial systems, the discipline can be divided into Personal finance, personal, Corporate finance, corporate, and public finance. In these financial systems, assets are bought, sold, or traded as financial instruments, such as Currency, currencies, loans, Bond (finance), bonds, Share (finance), shares, stocks, Option (finance), options, Futures contract, futures, etc. Assets can also be banked, Investment, invested, and Insurance, insured to maximize value and minimize loss. In practice, Financial risk, risks are always present in any financial action and entities. Due ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Beauty Queen
A beauty pageant is a competition in which the contestants are judged and ranked based on various physical and mental attributes. Per its name, beauty pageants traditionally focus on judging the contestants' physical attractiveness, sometimes solely so, but most modern beauty pageants have since expanded to also judge contestants based on "inner beauty"—their individual traits and characteristics, including personality, intelligence, aptitude, moral character, and charity. Though typically perceived as a female-oriented competition, male beauty pageants also exist, as do child beauty pageants for youth. The term beauty pageant refers originally to the Big Four beauty pageants: Miss Universe, Miss World, Miss International, and Miss Earth. Hundreds and thousands of beauty contests are held annually, but the Big Four are considered the most prestigious, and are widely covered and broadcast by news media. The earliest formal beauty pageants were held in the 19th century, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ross School Of Business
The University of Michigan Ross School of Business (branded as Michigan Ross) is the business school of the University of Michigan, a Public university, public research university in Ann Arbor, Michigan. The school was originally established in 1924 as the School of Business Administration. Today, it offers Bachelor's degree, bachelor's, Master's degree, master's, and Doctorate, doctoral degrees, as well as an executive education program. Michigan Ross also collaborates with other colleges and schools at the University of Michigan to offer dual degree programs. Additionally, the school's Executive Education program includes a Distinguished Leader Certificate. Michigan Ross maintains the tenth largest endowment among all List of business schools in the United States, business schools in the United States, with a total of $435 million as of 2016. History Early history (1900–1923) The first business courses were offered at the University of Michigan in 1900. Economics ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The New York Times
''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of the longest-running newspapers in the United States, the ''Times'' serves as one of the country's Newspaper of record, newspapers of record. , ''The New York Times'' had 9.13 million total and 8.83 million online subscribers, both by significant margins the List of newspapers in the United States, highest numbers for any newspaper in the United States; the total also included 296,330 print subscribers, making the ''Times'' the second-largest newspaper by print circulation in the United States, following ''The Wall Street Journal'', also based in New York City. ''The New York Times'' is published by the New York Times Company; since 1896, the company has been chaired by the Ochs-Sulzberger family, whose current chairman and the paper's publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BDO Seidman
BDO USA, P.C. is the United States member firm of BDO International, the 5th largest global accounting network with over $12.8 billion in revenue. It is the 6th largest accounting and professional services firm in the United States by revenue. In 2023, BDO USA, P.C. became the first large national accounting firm to convert from a traditional limited liability partnership, to an entirely employee owned corporation. Due to this conversion, all employees are eligible to gain an equity stake in the company. The company is currently headquartered in downtown Chicago. BDO stands for Binder, Dijker, and Otte, the original founders of the firm. History BDO USA, P.C was founded as Seidman and Seidman in New York City in 1910 by three immigrant brothers: Maximillian L. Seidman, Francis E. Seidman, and Jacob S. Seidman. At that time the accounting profession was in its infancy, with fewer than 2,200 practicing CPAs in the United States. Shortly thereafter in 1913, the Sixteenth Amendment ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Francis Edward Seidman
Francis may refer to: People and characters *Pope Francis, head of the Catholic Church (2013–2025) *Francis (given name), including a list of people and fictional characters *Francis (surname) * Francis, a character played by YouTuber Boogie2988 Places * Rural Municipality of Francis No. 127, Saskatchewan, Canada *Francis, Saskatchewan, Canada ** Francis (electoral district) * Francis, Nebraska, USA *Francis Township, Holt County, Nebraska, USA * Francis, Oklahoma, USA *Francis, Utah, USA Arts, entertainment, media * ''Francis'' (film), the first of a series of comedies featuring Francis the Talking Mule, voiced by Chill Wills *''Francis'', a 1983 play by Julian Mitchell *Francis (band), a Sweden-based folk band *Francis (TV series), a Indian Bengali-language animated television series Other uses *FRANCIS, a bibliographic database * ''Francis'' (1793), a colonial schooner in Australia *Francis turbine, a type of water turbine See also *Saint Francis (other) *Franci ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Jews
American Jews (; ) or Jewish Americans are American citizens who are Jewish, whether by culture, ethnicity, or religion. According to a 2020 poll conducted by Pew Research, approximately two thirds of American Jews identify as Ashkenazi, 3% identify as Sephardic, and 1% identify as Mizrahi. An additional 6% identify as some combination of the three categories, and 25% do not identify as any particular category. During the colonial era, Sephardic Jews who arrived via Portugal and via Brazil ( Dutch Brazil) – see Congregation Shearith Israel – represented the bulk of America's then small Jewish population. While their descendants are a minority nowadays, they represent the remainder of those original American Jews along with an array of other Jewish communities, including more recent Sephardi Jews, Mizrahi Jews, Beta Israel-Ethiopian Jews, various other Jewish ethnic groups, as well as a smaller number of gerim (converts). The American Jewish community manifests a wide ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Congress
The United States Congress is the legislature, legislative branch of the federal government of the United States. It is a Bicameralism, bicameral legislature, including a Lower house, lower body, the United States House of Representatives, U.S. House of Representatives, and an Upper house, upper body, the United States Senate, U.S. Senate. They both meet in the United States Capitol in Washington, D.C. Members of Congress are chosen through direct election, though vacancies in the Senate may be filled by a Governor (United States), governor's appointment. Congress has a total of 535 voting members, a figure which includes 100 United States senators, senators and 435 List of current members of the United States House of Representatives, representatives; the House of Representatives has 6 additional Non-voting members of the United States House of Representatives, non-voting members. The vice president of the United States, as President of the Senate, has a vote in the Senate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Democratic Party (United States)
The Democratic Party is a Centre-left politics, center-left political parties in the United States, political party in the United States. One of the Major party, major parties of the U.S., it was founded in 1828, making it the world's oldest active political party. Its main rival since the 1850s has been the Republican Party (United States), Republican Party, and the two have since dominated American politics. The Democratic Party was founded in 1828 from remnants of the Democratic-Republican Party. Senator Martin Van Buren played the central role in building the coalition of state organizations which formed the new party as a vehicle to help elect Andrew Jackson as president that year. It initially supported Jacksonian democracy, agrarianism, and Manifest destiny, geographical expansionism, while opposing Bank War, a national bank and high Tariff, tariffs. Democrats won six of the eight presidential elections from 1828 to 1856, losing twice to the Whig Party (United States) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gerald Ford
Gerald Rudolph Ford Jr. (born Leslie Lynch King Jr.; July 14, 1913December 26, 2006) was the 38th president of the United States, serving from 1974 to 1977. A member of the Republican Party (United States), Republican Party, Ford assumed the presidency after the resignation of President Richard Nixon, under whom he had served as the 40th vice president of the United States, vice president from 1973 to 1974 following Spiro Agnew's resignation. Prior to that, he served as a member of the U.S. House of Representatives from 1949 to 1973. Ford was born in Omaha, Nebraska, and raised in Grand Rapids, Michigan. He attended the University of Michigan, where he played for Michigan Wolverines football, the university football team, before eventually attending Yale Law School. Afterward, he served in the U.S. Naval Reserve from 1942 to 1946. Ford began his political career in 1949 as the U.S. representative from Michigan's 5th congressional district, serving in this capacity for nearly 25 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States President
The president of the United States (POTUS) is the head of state and head of government of the United States. The president directs the executive branch of the federal government and is the commander-in-chief of the United States Armed Forces. The power of the presidency has grown since the first president, George Washington, took office in 1789. While presidential power has ebbed and flowed over time, the presidency has played an increasing role in American political life since the beginning of the 20th century, carrying over into the 21st century with some expansions during the presidencies of Franklin D. Roosevelt and George W. Bush. In modern times, the president is one of the world's most powerful political figures and the leader of the world's only remaining superpower. As the leader of the nation with the largest economy by nominal GDP, the president possesses significant domestic and international hard and soft power. For much of the 20th century, especially durin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
