FORM 3
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION _____________________
WASHINGTON, D.C. 20549 | OMB APPROVAL |
|_____________________|
INITIAL STATEMENT OF |OMB NUMBER: 3235-0104|
BENEFICIAL OWNERSHIP OF SECURITIES |EXPIRES: |
| SEPTEMBER 30, 1998|
Filed pursuant to Section 16(a) of the |ESTIMATED AVERAGE |
Securities Exchange Act of 1934, |BURDEN HOURS |
Section 17(a) of the Public Utility |PER RESPONSE..... 0.5|
Holding Company Act of 1935 |_____________________|
or Section 30(f) of the Investment
Company Act of 1940
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1. Name and Address of Reporting Person
Ford Gerald J.
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(Last) (First) (Middle)
200 Crescent Court, Suite 1350
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(Street)
Dallas, Texas 75201
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(City) (State) (Zip)
___________________________________________________________________________
2. Date of Event Requiring Statement (Month/Day/Year)
9/11/98
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3. I.R.S. Identification Number of Reporting Person, if an entity
(voluntary)
___________________________________________________________________________
4. Issuer Name and Ticker or Trading Symbol
Golden State Bancorp Inc. (GSB)
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5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
(X ) Director
(X ) 10% Owner
( ) Officer (give title below)
( ) Other (specify title below)
_____________________________________
___________________________________________________________________________
6. If Amendment, Date of Original (Month/Day/Year)
___________________________________________________________________________
7. Individual or Joint/Group Filing (Check Applicable Line)
___Form filed by One Reporting Person
_X_Form filed by More than One Reporting Person
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TABLE I - NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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|1. Title of Security|2. Amount of |3. Ownership |4. Nature of |
| (Instr. 4) | Securities | Form: Direct| Indirect |
| | Beneficially| (D) or | Beneficial |
| | Owned | Indirect (I)| Ownership |
| | (Instr. 4) | (Instr. 5) | (Instr. 5) |
|____________________|_______________|_______________|____________________|
Common Stock,
par value $1.00 15,655,718* I
Litigation Tracking
Warrants 500,000** I
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TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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1. Title of Derivative Security (Instr. 4)
None
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2. Date Exercisable and Expiration Date (Month/Day/Year)
________________________ _________________________
Date Exercisable Expiration Date
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3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)
________________________________ _______________________________
Title Amount or Number of Shares
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4. Conversion or Exercise Price of Derivative Security
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5. Ownership Form of Derivative Security: Direct(D) or Indirect(I)
(Instr. 5)
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6. Nature of Indirect Beneficial Ownership (Instr. 5)
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EXPLANATION OF RESPONSES:
* The 15,655,718 shares of Golden State Common Stock (the "Shares")
reported herein were acquired by Mr. Ford in exchange for all of his
capital stock in First Nationwide Holdings Inc. ("FNH") in connection with
the merger of First Nationwide (Parent) Holdings Inc. with and into Golden
State Bancorp Inc. ("Golden State") and the merger of FNH with and into
Golden State Financial Corporation, a wholly owned subsidiary of Golden
State. The Shares are indirectly owned by Mr. Ford through (a) Hunter's
Glen/Ford Ltd., a Texas limited partnership of which Mr. Ford is a general
partner and which is the record holder of the Shares reported herein, and
(b) Ford Diamond Corporation, a Texas corporation that is a general partner
of Hunter's Glen and of which Mr. Ford is the sole stockholder and sole
director.
** The 500,000 Litigation Tracking Warrants reported herein were purchased
and are held of record by Turtle Creek Revocable Trust, a revocable trust
organized under the laws of the State of Texas of which Gerald J. Ford is
the sole grantor and trustee.
/s/ Gerald J. Ford September 21, 1998
_____________________________________ ___________________
** SIGNATURE OF REPORTING PERSON DATE
____________________
** INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACTS CONSTITUTE FEDERAL
CRIMINAL VIOLATIONS. SEE 18 U.S.C. 1001 AND 15 U.S.C. 78ff(a).
NOTE: FILE THREE COPIES OF THIS FORM, ONE OF WHICH MUST BE MANUALLY
SIGNED. IF SPACE IS INSUFFICIENT, SEE INSTRUCTION 6 FOR PROCEDURE.
POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION
CONTAINED IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM
DISPLAYS A CURRENTLY VALID OMB NUMBER.
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ATTACHMENT TO FORM 3
JOINT FILERS
1. Name of designated filer: 2. Name of designated filer:
Gerald J. Ford Gerald J. Ford
Name of joint filer: Name of joint filer:
Hunter's Glen/Ford, Ltd. Ford Diamond Corporation
Address of joint filer: Address of joint filer:
200 Crescent Court, Suite 1350 200 Crescent Court, Suite 1350
Dallas, TX 75201 Dallas, TX 75201
Date of event requiring filing: Date of event requiring filing:
September 11, 1998 September 11, 1998
Issuer name and Ticker or Issuer name and Ticker or
Trading Symbol: Trading Symbol:
Golden State Bancorp Inc. (GSB) Golden State Bancorp Inc. (GSB)
Relationship of Reporting Person Relationship of Reporting Person
to Issuer: to Issuer:
10% Owner 10% Owner
HUNTER'S GLEN/FORD, LTD. FORD DIAMOND CORPORATION
By: /s/ Gerald J. Ford By: /s/ Gerald J. Ford
-------------------------- -----------------------------
Name: Gerald J. Ford Name: Gerald J. Ford
Title: General Partner Title: President
Date: September 21, 1998 Date: September 21, 1998
** SIGNATURE OF REPORTING PERSON ** SIGNATURE OF REPORTING PERSON
