Office of the Chief Accountant
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
October 19, 2000
Dear Sir/Madam:
We have read paragraphs three and four of Item 4 included in the Form 8-K/A
dated October 19, 2000 of Wilshire Financial Services Group Inc. filed with the
Securities and Exchange Commission and are in agreement with the statements
contained therein.
Very truly yours,
Arthur Andersen LLP
cc: Bruce Weinstein, Wilshire Financial Services Group
Peter Fishman, Director of Audit Committee
