Fremont General reports $3.54 million November net loss

By Caroline Salls

Pittsburgh, Dec. 16 - Fremont General Corp. reported a $3.54 million net loss for November on zero revenues, according to its monthly operating report filed Tuesday with the Securities and Exchange Commission.

In comparison, the company posted a $9.53 million net loss in October, also on zero revenues.

Fremont had $28.85 million in cash at Nov. 30, down from $30.75 million at the end of October.

Fremont General, a financial services holding company located in Santa Monica, Calif., filed for bankruptcy on June 18 in the U.S. Bankruptcy Court for the Central District of California. Its Chapter 11 case number is 08-13421.

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