L. William Seidman Quotes

• You never know what the American public is going to do, but you know that they will do it all at once.

  L. William Seidman

  Investing, Knows

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• Instruct regulators to look for the newest fad in the industry and examine it with great care. The next mistake will be a new way to make a loan that will not be repaid.

  L. William Seidman

  Mistake, Political, Looks

  "Bill Seidman's Brilliant Advice To Regulators" by Joe Weisenthal, www.businessinsider.com. May 14, 2009.

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• A deposit insurance system is like a nuclear power plant. If you build it without safety precautions, you know it’s going to blow you off the face of the earth. And even if you do, you can’t be sure it won’t.

  L. William Seidman

  Blow, Safety, Nuclear

  4 Copy quote

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