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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
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The product of mental labor — science — always stands far below its value, because the labor-time necessary to reproduce it has no relation at all to the labor-time required for its original production.
Karl Marx
L. William Seidman
Creative Commons
Born:
April 29, 1921
Died:
May 13, 2009
(aged 88)
Bio:
Lewis William Seidman was an American economist, financial commentator, and former head of the U.S.
L. William Seidman on Wikipedia
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