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Phelps Dodge Corporation

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  • L. William Seidman dies at 88; former chairman of FDIC

    L. William Seidman dies at 88; former chairman of FDIC
    L. William Seidman, who led the federal response to the savings and loan crisis of the late 1980s as chairman of the Federal Deposit Insurance Corp., died Wednesday at a hospice in Albuquerque, N.M., of complications from pneumonia. He was 88.