Full Faith and Credit: The Great S & L Debacle and Other Washington Sagas

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Beard Books, 2000 - Business & Economics - 300 pages
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FULL FAITH AND CREDIT: The Great S&L Debacle and Other Washington Sagas

User Review  - Jane Doe - Kirkus

A jauntily opinionated memoir of government service from the resilient septuagenarian who was chairman of the Federal Deposit Insurance Corp. and the Resolution Trust Corp. at the height of the crises ... Read full review

Selected pages


Luck Is Where Opportunity Meets Preparation
Seeds of the SL Disaster
Trying to Escape from the Beltway
Return to Washington A Room with a View
In the BeginningThe Chairman Discovers His Fate
Congressional Relations The President Proposes and the Congress Disposes
Turf Wars No Peace at Any Price
Texas The Bigger They Are
New England Were Not Texans
The SL Debacle
The Resolution Trust Corporation The Worlds Largest Fire Sale
Trying to Get Money Back from Keating Milken Neil Bush and Thousands of Others
Dealing With and Being Dealt With By the Bush White House
With All That Experience What Have You Learned?

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Page vii - The full faith and credit of the United States is pledged to the payment of all guarantees made...
Page xiii - There is good news and bad news. The good news is that some auto drivers switch to buses and car pools, so there is less auto traffic.
Page vii - IX declares that it is the sense of the Congress to reaffirm that deposits up to the statutorily prescribed amount in Federally insured depository institutions are backed by the full faith and credit of the United States.

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About the author (2000)

Seidman is former head of the FDIC in the Reagan and Bush administrations, and he has been a chief commentator on CNBC since November 1991. He is also on the speaking circuit, and is a consultant to the Nippon Credit Bank, Morgan Stanley Dean Witter, Ernst & Young, and Freddie Mac, among others.

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