July 15, 1994 |
Golden West Corp. Earnings Off 11%: The Oakland-based parent of World Savings & Loan Assn. posted second-quarter net income of $61.9 million, or 98 cents a share, down from $70.6 million, or $1.10 a share. Marion O. Sandler, chairman and chief executive of Golden West, said the results were affected by "a lower profit margin and a faster-than-normal increase in administrative expenses."
July 10, 2006 |
Golden West Financial Corp. founders Herbert M. Sandler and Marion O. Sandler have donated about $1.3 billion in stock to charity in the last month, including an $814.7-million gift disclosed in a securities filing. The couple serve as co-chief executives and chairpersons of the Oakland savings and loan, which is being acquired by Wachovia Corp. for $24.6 billion.
CALIFORNIA | LOCAL
June 5, 2012 |
As one of the first women to hold a position of power on Wall Street, Marion O. Sandler was notable even before she and her husband, Herbert, spent 43 years building Oakland's World Savings Bank into such a major - and ultimately controversial - adjustable mortgage lender. Sandler, the daughter of Jewish immigrants from Lithuania and Russia, exploited her keen analytic skills to become Dominick & Dominick's first female executive in 1955 and joined Oppenheimer & Co. as a savings and loan analyst in 1961.
May 28, 1990 |
When Marion Sandler was starting out on Wall Street 34 years ago, she told her boss that she eventually wanted to become a partner. "They laughed," she said. "In those days, there was no beating around the bush. It was very clear a woman couldn't become a partner." Sandler, at least, has come a long way. She's now co-chief executive of Golden West Financial Corp. in Oakland, a company she and her husband built up after acquiring it in 1963.
May 8, 2006 |
Golden West Financial Corp., one of the last major savings and loans in California, agreed Sunday to be acquired by North Carolina-based Wachovia Corp., the nation's fourth-largest bank, for $25.5 billion in cash and stock. The acquisition of Oakland-based Golden West, the country's second-largest S&L, would add more than 280 branches in 10 states and give Wachovia a much larger presence in the West. Golden West shareholders would receive 1.051 Wachovia shares and $18.65 in cash, or $81.