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| Elections in Michigan |
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The 1962 Michigan Auditor General election was held on November 6, 1962. Incumbent Democrat Billie S. Farnum defeated Republican nominee L. William Seidman who got 50.32% of the vote.
This was the last Michigan Auditor General election, because with the ratification of the 1963 Michigan Constitution, the State Auditor General became an appointed position, rather than an elected one. [1]
Major party candidates
Other candidates
| Party | Candidate | Votes | % | ||
|---|---|---|---|---|---|
| Democratic | Billie S. Farnum (incumbent) | 1,328,013 | 50.32 | ||
| Republican | L. William Seidman | 1,305,179 | 49.46 | ||
| Socialist Labor | Albert Mills | 5,708 | 0.22 | ||
| Write-ins | 3 | 0.00 | |||
| Total votes | 2,638,903 | 100 | |||
| Democratic hold | |||||
Lewis William Seidman was an American economist, financial commentator, and former head of the U.S. Federal Deposit Insurance Corporation, best known for his role in helping work to correct the Savings and Loan Crisis in the American financial sector from 1988 to 1991 as head of the Resolution Trust Corporation. He also worked as an economic adviser during three separate Administrations of United States Presidents: Gerald Ford; Ronald Reagan; and George H. W. Bush. He was lauded by both Republicans and Democrats for his work in cleaning up the frauds of the Savings and Loan disaster, but was pushed out of American government by the George H.W. Bush Administration for disclosing the full extent of the crisis to the United States Congress and taxpayers.
Billie Sunday Farnum was a politician from the U.S. state of Michigan. He served one term in the U.S. House of Representatives from 1965 to 1967.
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