Thomas Spiegel

Thomas Spiegel (born April 16, 1946) is an American banker and investor. He was former chief executive of the failed Columbia Savings & Loan. His parents, Abraham and Edita Spiegel, had been imprisoned in Auschwitz in 1944. Their 2-year-old son, Uziel, was killed in the Holocaust.

Spiegel attended Third Street School, John Burroughs Junior High School, and graduated from Beverly Hills High School in 1963. He earned a bachelor's degree in business in 1967 from the University of Southern California. He also attended Loyola Law School for one year.

Spiegel worked for both A.G. Becker & Co. and Drexel Burnham as a stock broker through 1973.

Columbia Savings and Loan Spiegel's father, Abraham Spiegel, bought a 50 percent interest in Eastland Savings & Loan, located in Anaheim, California. He later changed the name of the company to Columbia Savings & Loan. Columbia's headquarters was located in Beverly Hills. Spiegel became president and CEO in 1977.

Forbes Magazine rated Columbia as the number one savings and loan in the US based on return on equity and return on assets. It was considered one of the country's most profitable savings and loans for years.

Columbia's business strategy was to be a leader in the high yield bond market in terms of understanding credit and risk and in the residential lending market, Columbia was a leader on lending on high end residential properties. Columbia became one of Drexel Burnham’s largest clients in funding leveraged buyouts in the 80s.

Spiegel issued a statement at the time saying he "forcefully denied all the charges" and "expressed outrage" at what he called "trial by press release.” Spiegel said, "For purely political reasons, OTS is seeking scapegoats to divert public attention from its gross incompetence.”

Spiegel's official trial began on January 11, 1994. The trial, which took place in a U.S. District Court in Los Angeles and lasted seven weeks ending the saga of one of the most prominent thrift failures of the past decade.

He was a major stockholder and Chairman of the executive committee at American Well, a privately held telehealth company based in Boston, Massachusetts that provides online urgent care web visits for patients in 46 states.

He was the chairman and CEO of Linq3, a U.S. company that designs, builds and markets devices for digital lottery gameplay from 2017-2019.

Philanthropy Spiegel is Chairman of the Thomas Spiegel Family Foundation, founded as the Columbia Savings Charitable Foundation in 1985. He served as Chairman of the Board of Trustees of the Adelson School (aka the Dr. Miriam and Sheldon G. Adelson Educational Campus from 2021-2023). In 2017, the foundation made a substantial gift to the Academy Museum of Motion Pictures in support of the Academy Museum in Los Angeles. The museum is expected to open in 2019. According to Variety magazine, the museum received donations from Netflix, Bloomberg Philanthropies, producer Charles Roven, and Tom Spiegel.

Personal Spiegel was married to Helene Berman. In 2008, he married Marilyn Winn. He resides in Las Vegas, Nevada.