Word: seidman
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While defense contractors suffer, small and medium-size firms that have vigorously cut costs could be in for recovery-generated profits. "I am more optimistic for middle-market companies than for Big Business," says Art Nemiroff, managing partner of the Los Angeles branch of the consulting firm BDO Seidman, whose 2,200 U.S. clients include retailers and manufacturers with sales of up to $100 million. "Most of our clients were able to downsize quickly," Nemiroff adds. "They are operating from a leaner and meaner position today...
...What was born on September 30, 1976,when Volume 1, Number 1 first hit the newsstands.The first eight-page issue set the tone for themagazine's future with irreverent reviews ofmusic, art, movies, dance, drama and books. Italso included a backstreets guide to local barswritten by Gay W. Seidman '78, currently asociology professor and a member of one of theUniversity's governing boards...
...BILL SEIDMAN has just topped his own private joke. Shortly before he was confirmed in 1985 as chairman of the FDIC, Seidman got an Irish wolfhound, which he named Proxmire after the Senator who opposed his confirmation. "Heel, Proxmire," Seidman would bark. But not long ago, as Seidman prepared to step down from his post, William Proxmire wrote a flattering valedictory to the chairman. So Seidman renamed his dog Annunzio in dubious honor of Frank Annunzio, chairman of a House Banking subcommittee, who has sparred with Seidman over the S&L bailout. Seidman tells colleagues that when he calls "Annunzio...
There are many reasons to go the extra mile in government service, but leave it to banking regulator L. William Seidman to come up with a new one: because the White House didn't want him to. When the curmudgeonly chairman of the Federal Deposit Insurance Corporation stepped down last week at the end of a six-year term, he disclosed that he would have left last year but for the efforts of the Bush Administration to cashier...
...blunt style that particularly annoyed White House chief of staff John Sununu, Seidman declared, "I talked to them about getting out of here so they could put in somebody of their own. The next thing I knew, I heard the White House leaking that the President was trying to force me out." Fearing for the FDIC's independence, Seidman decided to stay. Such frank talk may have been the bane of Bush, but it could be the stuff of stardom. Starting this week, Seidman will serve as correspondent and commentator for CNBC, the financially focused cable channel...