5
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549 SCHEDULE 13G
Under the Securities Exchange Act of
1934 (Amendment Number 2)
FirstFed Financial Corp.
(Name of Issuer)
Common Stock $.01 par value
(Title of Class of Securities)
337-907-10-9
CUSIP Number)
Check the following box if a fee is being paid with
this statement [ ].
The information required on the remainder of this
cover page shall not be deemed to be "filed" for the
purpose of Section 18 of the Securities Exchange Act
of 1934 ("Act") or otherwise subject to the
liabilities of that section of the Act but shall be
subject to all other provisions of the Act.
<PAGE>
Cusip No: 337-907-10-9
1
Name of Reporting Person and S.S.or I.R.S.
Identification Number of Above Persons:
Tiger Management L.L.C.
2
Check the Appropriate Box if a Member
of a Group:
(a) [ ]
(b) [ ]
3
SEC Use Only:
4
Citizenship or Place of Organization:
Delaware
5 Sole Voting Power: -0-
6 Shared Voting Power: -0-
7 Sole Dispositive Power: -0-
8 Shared Dispositive Power: -0-
9
Aggregate Amount Beneficially Owned by Each
Reporting Person: -0-
10
Check if the Aggregate Amount in Row (9) Excludes
Certain Shares:
11
Percent of Class Represented by Amount in Row (9):
0%
12
Type of Reporting Person:
IA
Cusip No: 337-907-10-9
1
Name of Reporting Person and S.S.or
I.R.S. Identification Number of Above
Persons:
Tiger Performance L.L.C.
2
Check the Appropriate Box if a Member
of a Group:
(a) [ ]
(b) [ ]
3
SEC Use Only:
4
Citizenship or Place of Organization:
Delaware
5 Sole Voting Power: -0-
6 Shared Voting Power: -0-
7 Sole Dispositive Power: -0-
8 Shared Dispositive Power: -0-
9
Aggregate Amount Beneficially Owned by Each Reporting
Person:
-0-
10
Check if the Aggregate Amount in Row (9) Excludes
Certain Shares:
11
Percent of Class Represented by Amount in Row (9): 0%
12
Type of Reporting Person:
IA
<PAGE>
Cusip Number: 337-907-10-9
1
Name of Reporting Person and S.S. or I.R.S.
Identification Number of Above Person: Panther
Partners, L.P
2
Check the Appropriate Box if a Member of a Group:
(a) [ ]
(b) [ ]
3
SEC Use Only:
4
Citizenship or Place of Organization:
Delaware
5 Sole Voting Power: -0-
6 Shared Voting Power: -0-
7 Sole Dispositive Power: -0-
8 Shared Dispositive Power: -0-
9
Aggregate Amount Beneficially Owned by Each
Reporting Person:
-0-
10
Check if the Aggregate Amount in Row (9) Excludes
Certain Shares:
11
Percent of Class Represented by Amount in Row (9):
0%
12
Type of Reporting Person:
IV PN
<PAGE>
Cusip Number: 337-907-10-9
1
Name of Reporting Person and
S.S. or I.R.S. Identification Number of Above
Persons: Panther Management Company, L.P.
2
Check the Appropriate Box if a Member of a Group:
(a) [ ]
(b) [ ]
3
SEC Use Only:
4
Citizenship or Place of Organization:
Delaware
5 Sole Voting Power: -0-
6 Shared Voting Power: -0-
7 Sole Dispositive Power: -0-
8 Shared Dispositive Power: -0-
9
Aggregate Amount Beneficially Owned by Each
Reporting Person: -0-
10
Check if the Aggregate Amount in Row (9) Excludes
Certain Shares:
11
Percent of Class Represented by Amount in Row (9):
0%
12
Type of Reporting Person:
IA PN
<PAGE>
Cusip Number: 337-907-10-9
1
Name of Reporting Person and S.S. or I.R.S.
Identification Number of Above Person:
Julian H. Robertson, Jr.
2
Check the Appropriate Box if a Member of a
Group:
(a) [ ]
(b) [ ]
3
SEC Use Only:
4
Citizenship or Place of Organization:
U.S.
5 Sole Voting Power: -0-
6 Shared Voting Power: -0-
7 Sole Dispositive Power: -0-
8 Shared Dispositive Power: -0-
9
Aggregate Amount Beneficially Owned by Each Reporting
Person:
-0-
10
Check if the Aggregate Amount in Row (9) Excludes Certain
Shares:
11
Percent of Class Represented by Amount in Row (9):
0%
12
Type of Reporting Person:
IN
<PAGE>
Item 1(a) FirstFed Financial Corp.
Item 1(b) 401 Wilshire Boulevard Santa Monica, California
90401-1490
Item 2(a) This statement is filed on behalf of Tiger
Management L.L.C.("TMLLC"), Tiger Performance L.L.C.
("TPLLC"), Panther Partners, L.P.("Panther") and Panther
Management Company, L.P. ("PMCLP").
Julian H. Robertson, Jr. is the ultimate controlling
person of TMLLC, TPLLC and PMCLP.
Item 2(b) The address of each reporting person is 101
Park Avenue, New York, NY 10178
Item 2(c) Incorporated by reference to Item 4 of the
cover page pertaining to each reporting person.
Item 2(d) Common Stock $.01 par value
Item 2(e) 337-907-10-9
Item 3 Panther is an (d) investment company registered
under Section 8 of the Investment Company Act. Each of
TMLLC, TPLLC and PMCLP is an (e) investment adviser
registered under Section 203 of the Investment Advisers
Act of 1940.
Item 4 Ownership as of December 31, 1996 is incorporated
by reference to items (5) - (9) and(11) of the cover page
pertaining to each reporting person.
Item 5 The reporting persons have ceased to be the
beneficial owners of more than 5% of the class.
Item 6 Not applicable
Item 7 Not applicable
Item 8 Not applicable
Item 9 Not applicable
Item 10 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.
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.
February 10, 1997
TIGER MANAGEMENT L.L.C.
/s/ Nolan Altman,
Chief Financial Officer
TIGER PERFORMANCE L.L.C.
/s/ Nolan Altman,
Chief Financial Officer
PANTHER PARTNERS, L.P.
By: Panther Management Company, L.P.,
its General Partner
By: Panther Management Corporation,
its General Partner
/s/ Nolan Altman,
Chief Financial Officer
PANTHER MANAGEMENT COMPANY, L.P.
By: Panther Management Corporation,
its General Partner
/s/ Nolan Altman,
Chief Financial Officer
JULIAN H. ROBERTSON, JR.
BY: /s/ Nolan Altman
Under Power of Attorney dated
1/27/95
On file with Schedule 13G for
Kohl's Corporation 2/7/95
<PAGE>
AGREEMENT
The undersigned agree that this Amendmend Number 2 to
Schedule 13G dated February 10, 1997 relating to
shares of common stock of FirstFed Financial Corp.
shall be filed on behalf of each of the undersigned.
TIGER MANAGEMENT L.L.C.
/s/ Nolan Altman,
Chief Financial Officer
TIGER PERFORMANCE L.L.C.
/s/ Nolan Altman,
Chief Financial Officer
PANTHER PARTNERS, L.P.
By: Panther Management Company, L.P.,
its General Partner
By: Panther Management Corporation,
its General Partner
/s/ Nolan Altman,
Chief Financial Officer
PANTHER MANAGEMENT COMPANY, L.P.
By: Panther Management Corporation,
its General Partner
/s/ Nolan Altman,
Chief Financial Officer
JULIAN H. ROBERTSON, JR.
BY: /s/ Nolan Altman
Under Power of Attorney dated
1/27/95
On File with Schedule 13G for
Kohl's Corp. 2/7/95
