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Robert Adelizzi

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BUSINESS
May 8, 1991 | CHRIS KRAUL, SAN DIEGO COUNTY BUSINESS EDITOR
Under pressure from federal regulators, Robert Adelizzi resigned Tuesday as chief executive of HomeFed Bank, further fueling fear among many analysts that the nation's fifth-largest thrift is heading for a government takeover. HomeFed, which has $18 billion in assets and 210 branches, said in a statement that Adelizzi tendered his resignation after the board received a "suggestion" from the Office of Thrift Supervision that he quit.
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BUSINESS
May 8, 1991 | CHRIS KRAUL, SAN DIEGO COUNTY BUSINESS EDITOR
Under pressure from federal regulators, Robert Adelizzi resigned Tuesday as chief executive of HomeFed Bank, further fueling fear among many analysts that the nation's fifth-largest thrift is heading for a government takeover. HomeFed, which has $18 billion in assets and 210 branches, said in a statement that Adelizzi tendered his resignation after the board received a "suggestion" from the Office of Thrift Supervision that he quit.
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BUSINESS
March 5, 1991 | CHRIS KRAUL, SAN DIEGO COUNTY BUSINESS EDITOR
Seldom has a savings and loan fallen so far and so swiftly as has HomeFed Corp. A year ago, its managers were among the most admired in the industry, its capital enviably healthy, its 214-office California branch system highly coveted. Speculation that the S&L was a legitimate takeover candidate boosted its stock to $47.50 per share in late 1989.
BUSINESS
March 5, 1991 | CHRIS KRAUL, SAN DIEGO COUNTY BUSINESS EDITOR
Seldom has a savings and loan fallen so far and so swiftly as has HomeFed Corp. A year ago, its managers were among the most admired in the industry, its capital enviably healthy, its 214-office California branch system highly coveted. Speculation that the S&L was a legitimate takeover candidate boosted its stock to $47.50 per share in late 1989.
BUSINESS
April 11, 1989
Although the Dow Jones Industrial Average doesn't seem to be making much progress, eight San Diego stocks made new annual highs during the past week, said Irving Katz, director of research at Thomas Green/San Diego Securities. The highs included Home Federal at $34.75 as analysts continue to warm to its excellent earnings prospects for 1989. Home Federal's Robert Adelizzi will speak to the San Diego Stock & Bond Club on Thursday and to the Financial Analysts' "Investing in San Diego '89" all-day seminar May 24. Among the local stocks making new highs were Psicor, Christiana, Beeba's Creations, First National Corp.
CALIFORNIA | LOCAL
December 7, 1988
The San Diego County United Way/CHAD exceeded its $25-million fund-raising goal for 1988, campaign chairman Robert F. Adelizzi announced. Adelizzi, president of Home Federal Savings & Loan, said the campaign collected $25,026,801. He revealed the final number at the United Way/CHAD "Heart to Heart" Victory dinner Tuesday night at the San Diego Hilton. The money will be used to support more than 425 programs at 93 social agencies in San Diego County. In all, 700,000 people will be served.
BUSINESS
September 20, 1985
Gerald D. Barrone was elected to a one-year term as chairman of the California League of Savings Institutions, the largest S&L industry trade association in the country representing 212 institutions. Barrone, 54, is president and chief executive of Fidelity Federal Savings & Loan Assn., Glendale, and had served as vice chairman of the league. Also, Robert E. Gibson, chairman and chief executive of Valley Federal S&L in Van Nuys, was elected vice chairman. Barrone replaces Robert F.
REAL ESTATE
January 13, 1985
Robert F. Adelizzi, president of Home Federal, San Diego, has been elected chairman of the California League of Savings Institutions, succeeding Ray Martin, president and chief executive officer of Coast Savings. Gerald D. Barrone, president of Fidelity Federal, Glendale, is vice chairman, and David Rosenthal, senior vice president of Columbia Savings, Beverly Hills, is treasurer for a three-year term. W. Dean Cannon Jr. will continue as the league's president and full-time chief executive.
BUSINESS
August 16, 1990 | CHRIS KRAUL
HomeFed Bank has laid off 183 employees, or 3.7% of its work force, over the last two weeks in efforts to trim expenses in the wake of its $108-million second-quarter loss. The savings and loan said 100 of the layoffs were a direct result of plans to scale back single-family loan originations. Another 60 of the layoffs were due to HomeFed's closing its 12-office escrow division and another 23 due to cutbacks in its commercial banking operation.
BUSINESS
October 25, 1985
Buffeted by previously announced heavy losses in its consumer credit, Home Federal Savings & Loan Assn. on Wednesday reported a 91% drop in earnings, to $1.4 million, in the third quarter ended Sept. 30. For the nine months, Home Federal reported earnings of $42.8 million, down 2%. The San Diego-based S&L increased its provision for loan losses to $47.6 million, up from only $2 million a year ago. Revenues in the third quarter rose 12% to $263.8 million.
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