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Seidman Faces Tough Path in S&L Rescue Effort
FDIC chair Seidman leads the bailout push amid a multi hundred billion dollar S&L crisis. He warns of high costs, political risk, and a long road to reform while pushing for a bill to place the bailout under FDIC control and secure a signing this summer.
MENTIONED IN THIS ARTICLE
Walter R. Mears
Washington (Ap
Bill Seidman
Federal Deposit Insurance Corp
Seidman
S&l
Congress
FDIC
Federal Savings and Loan Insurance Corp
S&ls
General Accounting Office
Seidman — L. William
Gerald R. Ford
White House
Arizona State University
Savings and Loan
Senate
House
Savings and Loan Lobby
Bush
Seid
Treasury