Tuesday, May 22, 2007

Fremont sells property loan business for $1.9 billion

(Reuters) - Fremont shares jumped 19.5 percent to $8.50 in premarket trading.




Ford will become the bank's chairman and two other former Golden State executives, Carl Webb and Randy Staff, will be named chief executive and chief financial officer of the bank, respectively.


Read more at Reuters.com Bonds News

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