Wedbush Sells S&L; Stock: Wedbush Corp., the...
From Times Staff and Wire Reports
Wedbush Sells S&L; Stock: Wedbush Corp., the largest shareholder in Great American Bank, has sold a chunk of its stock in the troubled thrift. According to proxy materials mailed to shareholders, Wedbush had reduced its holdings in Great American as of April 17 to 15.3% of the 23,969,968 total Great American shares outstanding, down from 17% owned a year earlier.
