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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Information Statement Pursuant to Rules 13d-1 and 13d-2
Amendment No. 2
FIRSTFED Financial Corporation
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(Name of Issuer)
Common Stock, $0.01 par value
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(Title of Class of Securities)
337907109
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(CUSIP Number)
Check the following box if a fee is being paid with this statement _____.
(A fee is not required only if the filing person: (1) has a previous
statement on file reporting beneficial ownership of more than five percent
of the class of securities described in item 1: and (2) has filed no
amendment subsequent thereto reporting beneficial ownership of five percent
or less of such class.) (See Rule 13d-7.)
(Continued on following pages)
Page 1 of 6 Pages
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CUSIP NO.
337907109
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1. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Goldman, Sachs & Co.
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2. Check the Appropriate Box if a Member of a Group
(a)___
(b)___
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3. SEC Use Only
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4. Citizenship or place of Organization
New York
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Number of 5 Sole Voting Power
Shares
Beneficially 0
---------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 739,925
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Person With 7 Sole Dispositive Power
0
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8 Shared Dispositive Power
739,925
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
739,925
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10. Check if the Aggregate Amount in Row (11) Excludes Certain Shares
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11. Percent of Class Representing by Amount in Row (11)
6.9%
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12. Type of Reporting Person
BD-PN-IA
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Page 2 of 6 Pages
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CUSIP NO.
337907109
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1. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
The Goldman Sachs Group, L.P.
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2. Check the Appropriate Box if a Member of a Group
(a)____
(b)____
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3. SEC Use Only
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4. Citizenship or place of Organization
Delaware
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Number of 5 Sole Voting Power
Shares
Beneficially 0
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Owned By 6 Shared Voting Power
Each
Reporting 739,925
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Person With 7 Sole Dispositive Power
0
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8 Shared Dispositive Power
739,925
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
739,925
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10. Check if the Aggregate Amount in Row (11) Excludes Certain Shares
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11. Percent of Class Representing by Amount in Row (11)
6.9%
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12. Type of Reporting Person
HC-PN
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Page 3 of 6 Pages
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Item 1(a). Name of Issuer:
FIRSTFED Financial Corporation
Item 1(b). Address of Issuer's Principal Executive Offices:
401 Wilshire Boulevard, Santa Monica, CA 90401-1490
Item 2(a). Name of Person Filing:
The Goldman Sachs Group, L.P. and Goldman, Sachs & Co.
Item 2(b). Address of Principal Business Office, or, if None,
Residence:
85 Broad Street
New York, NY 10004
Item 2(c). Citizenship:
The Goldman Sachs Group, L.P. - Delaware
Goldman, Sachs & Co. - New York
Item 2(d). Title and Class of Securities:
Common Stock, $0.01 par value
Item 2(e). CUSIP Number:
337907109
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or
13d-2(b). Check whether the person filing is a :
(a).X Broker or dealer registered under Section 15 of the Act,
Goldman, Sachs & Co.
(b). Bank as defined in Section 3(a)(6) of the Act,
(c). Insurance Company as defined in Section 3(a)(19) of the Act,
(d). Investment Company registered under Section 8 of the
Investment Company Act,
(e).X Investment Adviser registered under Section 203 of the
Investment Advisers Act of 1940,
Goldman, Sachs & Co.
(f). Employee Benefit Plan, Pension Fund which is subject to the
provisions of the Employee Retirement Income Security Act of
1974 or Endowment Fund; see 13d-1(b)(1)(ii)(F),
(g).X Parent Holding Company, in accordance with Rule 13d-
1(b)(ii)(G); see Item 7,
The Goldman Sachs Group, L.P.
(h). Group, in accordance with Rule 13d-1(b)(ii)(H).
Page 4 of 6 Pages
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Item 4. Ownership.
(a). Amount beneficially owned:
See the responses(s) to Item 9 on the attached cover pages(s).
(b). Percent of class:
See the response(s) to Item 11 on the attached cover pages(s).
(c). Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
See the response(s) to Item 5 on the attached cover
page(s).
(ii) Shared power to vote or direct the vote:
See the response(s) to Item 6 on the attached cover
page(s).
(iii) Sole power to dispose or to direct the disposition of:
See the response(s) to Item 7 on the attached cover
page(s).
(iv) Shared power to dispose or to direct the disposition of:
See the response(s) to Item 8 on the attached cover
page(s).
Item 5. Ownership of Five Percent or Less of a Class.
Not Applicable
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not Applicable
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent Holding
Company.
See Exhibit(2)
Item 8. Identification and Classification of Members of the Group.
Not Applicable
Item 9. Notice of Dissolution of Group.
Not Applicable
Item 10. Certification.
By signing below I certify that, to the best of my
knowledge and belief, the securities referred to
above were acquired in the ordinary course of
business and were not acquired for the purpose of
and do not have the effect of changing or
influencing the control of the issuer of such
securities and were not acquired in connection
with or as a participant in any transaction having
such purpose or effect.
Page 5 of 6 Pages
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is
true, complete and correct.
Date: February 10, 1995
THE GOLDMAN SACHS GROUP, L.P.
By: /s/ David B. Ford
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Name: David B. Ford
Title: General Partner
GOLDMAN, SACHS & CO.
By: /s/ David B. Ford
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Name: David B. Ford
Title: General Partner
Page 6 of 6 Pages
