William Siedman Biography

The chairman of the board of COMMAC, a business established to offer well-managed financial institutions a continuous facility for selling commercial real estate mortgages, is William Seidman. He also publishes the journal Bank Director and serves as the Chief Commentator on GE's TV cable network CNBC. He serves as a consultant for many companies, including Pillsbury Madison & Sutro, The Capital Group, The World Bank, BDO Seidman, and as a director of Fiserv Inc. Over a thousand bank failures were handled by the FDIC during his time there, and the organization also took over management of the S&L industry's insurance fund. He had a track record of success as a businessman, educator, and public servant, which he brought to the role. The Seidman Institute of Research was established in his memory after he passed away. He served as the Governor's Commission on Interstate Banking Chairman when he was a student in Arizona, and he also authored a business column for the Phoenix Gazette.

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