FirstFed Financial posts $91,402 net loss for November on zero revenue

By Caroline Salls

Pittsburgh, Dec. 19 - FirstFed Financial Corp. reported a net loss of $91,402 for November on zero revenues, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the Central District of California.

In comparison, FirstFed posted an $84,889 October net loss, also on zero revenues.

The company had $2.91 million in cash at Nov. 30, down from $3 million at the end of October.

FirstFed Financial, a Woodland Hills, Calif.-based bank holding company, filed for bankruptcy on Jan. 5, 2010. Its Chapter 11 case number is 10-10150.

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