8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): December 16, 2009 (December 15, 2009)

FREMONT GENERAL CORPORATION

(Exact Name of Registrant as Specified in Charter)

Nevada	001-08007	95-2815260
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

175 North Riverview Drive
Anaheim, California	92808
(Address of Principal Executive Offices)	(Zip Code)

(Registrant’s Telephone Number, Including Area Code) (714) 283-6500

Not Applicable
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events.

Filing of Monthly Operating Report for the Month Ended November 30, 2009 with the United States Trustee

On December 15, 2009, Fremont General Corporation (the “Company”) filed its monthly operating report for the month ended November 30, 2009 (the “November Monthly Operating Report”), with the United States Trustee for the Central District of California, Santa Ana Division (the “United States Trustee”).

Before reading the November Monthly Operating Report, we strongly urge you to read the Cautionary Statement Regarding the November Monthly Operating Report below.

The November Monthly Operating Report is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Cautionary Statement Regarding November Monthly Operating Report

The November Monthly Operating Report contains financial information that has not been audited or reviewed by independent registered accountants, is not presented in accordance with generally accepted accounting principles and may be subject to future reconciliation and adjustments. The information contained in the November Monthly Operating Report has been prepared in accordance with applicable law under Chapter 11 of Title 11 of the United States Code (the “Bankruptcy Code”) and is not to be used for investment purposes. There can be no assurance that the November Monthly Operating Report is complete. The Company may amend or otherwise change the information contained in the November Monthly Operating Report at a future date. Results set forth in the November Monthly Operating Report should not be viewed as indicative of future results.

The information contained in the November Monthly Operating Report represents financial information of the Company only and does not include financial information for its indirect wholly-owned subsidiary, Fremont Reorganizing Corporation (formerly known as “Fremont Investment & Loan”). The November Monthly Operating Report should under no circumstances be relied upon or viewed as a substitute, supplement or replacement for financial information that is filed with the U.S. Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934, as amended.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit
Number	Description
Exhibit 99.1	Fremont General Corporation Monthly Operating Report for the month ended November 30, 2009

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	FREMONT GENERAL CORPORATION
Date: December 16, 2009	By:	/s/ Richard A. Sanchez
		Name:	Richard A. Sanchez
		Title:	Interim President and Chief Executive Officer

EX-99.1

Exhibit 99.1

UNITED STATES DEPARTMENT OF JUSTICE
OFFICE OF THE UNITED STATES TRUSTEE
CENTRAL DISTRICT OF CALIFORNIA

In Re:		CHAPTER 11 (BUSINESS)
Fremont General Corporation		Case Number:	8:08-bk-13421
		Operating Report Number:	18
	Debtor	For the Month Ending:	30-Nov-09

I. CASH RECEIPTS AND DISBURSEMENTS
A. (GENERAL ACCOUNT — MASTER DEMAND ACCOUNT)

1. TOTAL RECEIPTS PER ALL PRIOR GENERAL ACCOUNT REPORTS (1)				26,179,908
2. LESS: TOTAL TRANSFERS AND DISBURSEMENTS PER ALL PRIOR GENERAL ACCOUNT REPORTS				26,177,200
3. BEGINNING BALANCE:				2,709
4. RECEIPTS DURING CURRENT PERIOD:
Accounts Receivable — Post-filing			—
Accounts Receivable — Pre-filing			—
General Sales			—
Other (Specify)	Transfers from Money Market Acct		659,000
TOTAL RECEIPTS THIS PERIOD:				659,000
5. BALANCE:				661,709
6. LESS: TOTAL TRANSFERS AND DISBURSEMENTS DURING CURRENT PERIOD
Transfers to Other DIP Accounts (from page 2)				—
Disbursements (from page 2)				659,077
7. ENDING BALANCE:				2,632
8. General Account Number(s):		Well Fargo # xxxxxx1638 (2)
Depository Name & Location:		Wells Fargo Bank — Pasadena Commercial Banking
		350 W. Colorado Blvd, Suite 210, Pasadena, CA 91105

	Notes
(1)	Receipts reflected in Master Demand Account include collections prior to the petition date.
(2)	Where indicated by an “x” throughout the MOR, the applicable digit has been hidden to prevent theft or other unauthorized access to the account. The information will be available to parties in interest upon reasonable request.

IA Page 1 of 14

TOTAL DISBURSEMENTS FROM GENERAL ACCOUNT FOR CURRENT PERIOD

Date	Check			*Amount		**Amount
mm/dd/yyyy	Number	Payee or DIP account	Purpose	Transferred		Disbursed		Amount
11/4/2009	wire	Caldwell Law Firm	Professional fees			$	2,624	$	2,624
11/4/2009	wire	Mark Schaffer	Annual Admin Fee				5,833		5,833
11/4/2009	wire	Barney Northcote	Director Fees				5,833		5,833
11/4/2009	wire	David S. Depillo	Director Fees				5,833		5,833
11/4/2009	wire	Robert Shackleton	Director Fees				5,833		5,833
11/4/2009	wire	KPMG Corporate Finance LLC	Professional fees				25,000		25,000
11/4/2009	wire	Patton Boggs LLP	Professional fees				155,869		155,869
11/4/2009	6000000477	Mellon Investor Services LLC	A/P vendor payments				2,777		2,777
11/4/2009	6000000478	Stephen H. Gordon	Director Fees				5,833		5,833
11/12/2009	wire	Bowne of Los Angeles Inc	A/P vendor payments				640		640
11/12/2009	wire	FTI Consulting	Professional fees				38,710		38,710
11/18/2009	wire	Ernst & Young	Professional fees				1,477		1,477
11/18/2009	wire	Solon Group, Inc.	Professional fees				19,540		19,540
11/18/2009	wire	Klee, Tuchin, Bogdanoff & Stern LLP	Professional fees				202,916		202,916
11/18/2009	6000000479	Iron Mountain Records Mgmt Inc	A/P vendor payments				889		889
11/18/2009	6000000480	West Payment Center	A/P vendor payments				3,656		3,656
11/20/2009	wire	Wells Fargo	Client Analysis Service Charge				2,685		2,685
11/25/2009	wire	Shareholder.com	A/P vendor payments				346		346
11/25/2009	wire	Ernst & Young	Professional fees				2,918		2,918
11/25/2009	wire	Caldwell Law Firm	Professional fees				3,128		3,128
11/25/2009	wire	Kurtzman Carson Consultants	Professional fees				18,378		18,378
11/25/2009	wire	CRG Partners Group LLC	Professional fees				32,244		32,244
11/25/2009	wire	Weiland, Golden, Smiley, Wang, Ekvall, and Strok LLP	Professional fees				111,470		111,470
11/25/2009	6000000481	Merrill Lynch Pierce Fenner and Smith Inc.	A/P vendor payments				3,402		3,402
11/25/2009	6000000482	Secretary of State	Filing Fee				25		25
11/25/2009	6000000483	William M. Stern	OEC Member — Travel Expense Reimbursement				1,215		1,215
			TOTAL DISBURSEMENTS THIS PERIOD:	$	—	$	659,077	$	659,077

*	Fill in amounts in this column if they are TRANSFERS to another DIP account (e.g. Payroll or Tax); the “amount” column will be filled in for you.
**	Fill in amounts in this column if they are DISBURSEMENTS to outside payees; the “amount” column will be filled in for you.

IA P2 Page 2 of 14

GENERAL ACCOUNT
BANK RECONCILIATION

	Bank statement Date:			11/30/2009	Balance on Statement:		$	9,275
Plus deposits in transit (a):
			Deposit Date		Deposit Amount
TOTAL DEPOSITS IN TRANSIT							$	—
Less Outstanding Checks (a):
	Check Number		Check Date		Check Amount
		6000000451		7/29/2009		2,000
		6000000481		11/25/2009		3,402
		6000000482		11/25/2009		25
		6000000483		11/25/2009		1,215
TOTAL OUTSTANDING CHECKS:							$	6,643
Bank statement Adjustments:
Explanation of Adjustments-
ADJUSTED BANK BALANCE:							$	2,632

IA P3 Page 3 of 14

I. CASH RECEIPTS AND DISBURSEMENTS
B. (COMMERCIAL MONEY MARKET ACCOUNT)

1. TOTAL RECEIPTS PER ALL PRIOR REPORTS		38,136,491
2. LESS: TOTAL TRANSFERS AND DISBURSEMENTS PER ALL PRIOR REPORTS		12,264,002
3. BEGINNING BALANCE:		25,872,488
4. RECEIPTS DURING CURRENT PERIOD:
Transferred from General Account	—
Interest Income	2,517
TOTAL RECEIPTS THIS PERIOD:		2,517
5. BALANCE:		25,875,005
6. LESS: TOTAL TRANSFERS AND DISBURSEMENTS DURING CURRENT PERIOD
Transfers to Other DIP Accounts (from page 5)		659,000
Disbursements (from page 5)		3,225
7. ENDING BALANCE:		25,212,780

8. COMMERCIAL MONEY MARKET ACCOUNT Number(s):	xxxxxx8097
Depository Name & Location:	Wells Fargo Bank — Pasadena Commercial Banking
	350 W. Colorado Blvd, Suite 210, Pasadena, CA 91105

IB 4 Page 4 of 14

     TOTAL DISBURSEMENTS FROM COMMERCIAL MONEY MARKET ACCOUNT FOR CURRENT PERIOD

Date	Check			*Amount		**Amount
mm/dd/yyyy	Number	Payee	Purpose	Transferred		Disbursed		Amount
11/4/2009	wire	Fremont General Corporation	Bank account transfer	$	216,000			$	216,000
11/12/2009	wire	Fremont General Corporation	Bank account transfer		39,000				39,000
11/18/2009	wire	Fremont General Corporation	Bank account transfer		229,000				229,000
11/20/2009	wire	Wells Fargo	Client Analysis Service Charge				3,225		3,225
11/25/2009	wire	Fremont General Corporation	Bank account transfer		175,000				175,000
			TOTAL DISBURSEMENTS THIS PERIOD:	$	659,000	$	3,225	$	662,225

*	Fill in amounts in this column if they are TRANSFERS to another DIP account (e.g. Payroll or Tax); the “amount” column will be filled in for you.
**	Fill in amounts in this column if they are DISBURSEMENTS to outside payees; the “amount” column will be filled in for you.

IB P2 Page 5 of 14

COMMERCIAL MONEY MARKET ACCOUNT
BANK RECONCILIATION

	Bank statement Date:	11/30/2009	Balance on Statement:	$	25,212,780
Plus deposits in transit (a):
		Deposit Date	Deposit Amount
TOTAL DEPOSITS IN TRANSIT					0
Less Outstanding Checks (a):
	Check Number	Check Date	Check Amount
TOTAL OUTSTANDING CHECKS:					0
Bank statement Adjustments:
Explanation of Adjustments-
ADJUSTED BANK BALANCE:				$	25,212,780

*	It is acceptable to replace this form with a similar form
**	Please attach a detailed explanation of any bank statement adjustment

IB P3 Page 6 of 14

II. STATUS OF PAYMENTS TO SECURED CREDITORS, LESSORS
AND OTHER PARTIES TO EXECUTORY CONTRACTS

	Frequency of Payments				Post-Petition payments
Creditor, Lessor, Etc.	(Mo/Qtr)		Amount of Payment		not made (Number)		Total Due
—		—		—		—		—
					TOTAL DUE:			—

III. TAX LIABILITIES

FOR THE REPORTING PERIOD:		November 30, 2009
		Gross Sales Subject to Sales Tax:		—
		Total Wages Paid:		—
		Total Post-Petition		Date Delinquent
		Amounts Owing	Amount Delinquent	Amount Due
	Federal Withholding	—	—	N/A
	State Withholding	—	—	N/A
	FICA- Employer’s Share	—	—	N/A
	FICA- Employee’s Share	—	—	N/A
	Federal Unemployment	—	—	N/A
	Sales and Use	—	—	N/A
	Real Property	—	—	N/A
Other:
	TOTAL:	—	—

II - III Page 7 of 14

I. D SUMMARY SCHEDULE OF CASH

ENDING BALANCES FOR THE PERIOD: 11/30/2009
(Provide a copy of monthly account statements for each of the below)
	General Account:	2,632
	Money Market Account:	25,212,780
	Payroll Account:(1)	N/A
Other Accounts:
Other Monies:
	Petty Cash (from below):		—
TOTAL CASH AVAILABLE:				25,215,412
Petty Cash Transactions:
Date	Purpose	Amount
TOTAL PETTY CASH TRANSACTIONS:			N/A	—

(1) The Debtor’s payroll account has been closed.

ID Page 8 of 14

IV. AGING OF ACCOUNTS PAYABLE AND RECEIVABLE

	Accounts Payable		Accounts Receivable
	Post-Petition		Pre-Petition		Post-Petition
30 days or less		107,296		—		—
31 - 60 days		—		—		—
61 - 90 days		—				—
91 - 120 days		—				—
Over 120 days		6,273		118,819
TOTAL:		113,569		118,819		—

V. INSURANCE COVERAGE

				Policy Expiration		Premium Paid
Name of Carrier	Insurance Type	Amount of Coverage		Date		Through (Date)
XL Specialty	Directors & Officers		15,000,000		4/01/09-1/01/10		1/1/10
Continental Casualty	Excess D&O		15,000,000		4/01/09-1/01/10		1/1/10
U.S. Specialty	Excess D&O		15,000,000		4/01/09-1/01/10		1/1/10
RSUI Indemnity	Excess D&O		15,000,000		4/01/09-1/01/10		1/1/10
Allied World Natl	Excess D&O		10,000,000		4/01/09-1/01/10		1/1/10
U.S. Specialty	Excess D&O		10,000,000		4/01/09-1/01/10		1/1/10
Liberty Mutual	Excess D&O		10,000,000		4/01/09-1/01/10		1/1/10
Navigators Ins.	Excess D&O		10,000,000		4/01/09-1/01/10		1/1/10
Westchester Surplus	Excess D&O		10,000,000		4/01/09-1/01/10		1/1/10
Platte River	Excess D&O		10,000,000		4/01/09-1/01/10		1/1/10
Scottsdale Ins.	Excess D&O		5,000,000		4/01/09-1/01/10		1/1/10
XL Specialty	Run-off D&O		20,000,000		1/01/07-1/01/14		1/1/14
Continental Casualty	Run-off D&O		15,000,000		1/01/07-1/01/14		1/1/14
RSUI Indemnity	Run-off D&O		15,000,000		1/01/07-1/01/14		1/1/14
New Mkts Undrwrtr	Run-off D&O		10,000,000		1/01/07-1/01/14		1/1/14
Platte River	Run-off D&O		10,000,000		1/01/07-1/01/14		1/1/14
St. Paul Mercury	Run-off D&O		10,000,000		1/01/07-1/01/14		1/1/14
Federal Insurance	Run-off D&O		10,000,000		1/01/07-1/01/14		1/1/14
Liberty Mutual	Run-off D&O		10,000,000		1/01/07-1/01/14		1/1/14
Columbia Casualty	Fiduciary Liability		10,000,000		4/01/09-1/01/10		1/1/10
XL Specialty	Excess Fiduciary Liability		10,000,000		4/01/09-1/01/10		1/1/10
U.S. Specialty	Excess Fiduciary Liability		10,000,000		4/01/09-1/01/10		1/1/10
Navigators Ins.	Excess Fiduciary Liability		10,000,000		4/01/09-1/01/10		1/1/10
Allied World Natl	Excess Fiduciary Liability		5,000,000		4/01/09-1/01/10		1/1/10
Westchester Surplus	Excess Fiduciary Liability		5,000,000		4/01/09-1/01/10		1/1/10
XL Specialty	Run-off Fiduciary		15,000,000		1/01/07-1/01/14		1/1/14
Capital Indemnity	Run-off Fiduciary		10,000,000		1/01/07-1/01/14		1/1/14
Federal Insurance	Run-off Fiduciary		10,000,000		1/01/07-1/01/14		1/1/14
Houston Casualty	Run-off Fiduciary		5,000,000		1/01/07-1/01/14		1/1/14
National Union Fire	Crime Coverage		15,000,000		4/01/09-1/01/10		1/1/10
Zurich American	Excess Crime Coverage		15,000,000		4/01/09-1/01/10		1/1/10
Continental Ins.	Excess Crime Coverage		10,000,000		4/01/09-1/01/10		1/1/10
Federal Insurance	Errors & Omissions		5,000,000		4/01/09-1/01/10		1/1/10
U.S. Specialty	Excess E&O		5,000,000		4/01/09-1/01/10		1/1/10
Federal Insurance	Commercial Automobile		1,000,000		1/01/09-1/01/10		1/1/10
Federal Insurance	Commercial Excess and Umbrella		5,000,000		1/01/09-1/01/10		1/1/10
Great American	Excess Umbrella		20,000,000		1/01/09-1/01/10		1/1/10
Federal Insurance	Commercial Package		14,499,247		1/01/09-1/01/10		1/1/10
State Compensation Fund of CA	Workers Compensation		1,000,000		1/01/09-1/01/10		1/1/10

IV, V, VI Page 9 of 14

VI. UNITED STATES TRUSTEE QUARTERLY FEES
(TOTAL PAYMENTS)

	Total Disbursements							Quarterly Fees
Quarterly Period Ending (Date)	(during Quarter)		Quarterly Fees		Date Paid	Amount Paid		Still Owing
June 30, 2008		0		325	22-Aug-2008		325		—
June 30, 2008		0		1	1-Oct-2008		1		—
September 30, 2008		851,493		4,875	19-Nov-2008		4,875		—
December 31, 2008		3,817,827		10,400	21-Jan-2009		10,400		—
March 31, 2009		3,442,105		10,400	15-Apr-2009		10,400		—
June 30, 2009		2,311,647		9,750	15-Jul-2009		9,750		—
September 30, 2009		2,677,616		9,750	21-Oct-2009		9,749		—
									—
									—
									—
									—
									—
									—
									—
									—
									—
									—
									—
				45,501			45,500		—

IV, V, VI Page 10 of 14

VII SCHEDULE OF COMPENSATION PAID TO INSIDERS

	Date of Order		Gross Compensation
	Authorizing	Authorized Gross	Paid During the
Name of Insider	Compensation	Compensation	Month
No compensation disbursements made to insiders during the period.

VIII. SCHEDULE OF OTHER AMOUNTS PAID TO INSIDERS

	Date of Order			Amount
	Authorizing			Paid During
Name of Insider	Compensation		Description	the Month
Robert Shackleton		9/29/08	Director fees		5,833
Mark Schaffer		9/29/08	Director fees		5,833
Barney Northcote		9/29/08	Director fees		5,833
David S. Depillo		9/29/08	Director fees		5,833
Stephen H. Gordon		9/29/08	Director fees		5,833

VII - VIII Page 11 of 14

IX. PROFIT AND LOSS STATEMENT
(ACCRUAL BASIS ONLY)

	Current Month			Cumulative Post-Petition
	11/30/09			6/19/08-11/30/09
Sales/Revenue:
Net Sales/Revenue	$	—		$	—
Cost of Goods Sold:
Cost of Goods Sold (COGS)		—			—
Gross Profit		—			—
Other Operating Income (Itemize)		—			—
Operating Expenses:
Payroll — Insiders		—			—
Compensation- regular (intercompany allocation)		110,149			2,261,752
Compensation- group insurance					—
Compensation- 401(k)/ESOP/Incentive		2,330			(1,698,250	)
Occupancy		889			511,006
Payroll Taxes					—
Other Taxes (Itemize)					—
Information systems					39,722
Advertising and promotion					23,635
Telecom					(115	)
Travel					2,670
Printing and supplies		640			32,207
Postage					(29,156	)
All other		41,856			439,676
Depreciation and Amortization		287			22,979
Rent Expense — Real Property					—
Lease Expense — Personal Property					—
Insurance		163,261			2,838,916
Miscellaneous Operating Expenses (Itemize)		—			—
Total Operating Expenses		319,412			4,445,042
Net Gain/(Loss) from Operations		(319,412	)		(4,445,042	)
Non-Operating Income:
Interest Income		2,518			230,290
Net Gain on Sale of Assets (Itemize)					—
Other — Equity in Earnings of Subsidiaries		(1,060,305	)		115,670,348
Other (Itemize) — SERP		—			(75,276	)
Total Non-Operating income		(1,057,787	)		115,825,362
Non-Operating Expenses:
Interest Expense(1)		23,914			416,104
Legal and Professional (Itemize)(2)		1,013,658			15,336,701
Other (Itemize)		—			—
Total Non-Operating Expenses		1,037,572			15,752,805
NET INCOME/(LOSS)	$	(2,414,771	)	$	95,627,515

Notes:
(1)	Represents amortization of capitalized debt issuance costs.
(2)	Represents professional fee accruals (estimates) by the Debtor for financial statement (GAAP) purposes.

IX Page 12 of 14

X. BALANCE SHEET
(ACCRUAL BASIS ONLY)

	Current
	Month End
ASSETS
Current Assets:
Unrestricted Cash	$	25,215,412
Accounts Receivable		118,819
Intercompany Receivable		611,991
Prepaid Expenses		3,091,026
Other (Itemize) — SERP / EBP Accounts & Other Benefit Accounts		12,017,596
Other (Itemize) — Investment — FG Financing		3,092,777
Total Current Assets					44,147,621
Property, Plant, and Equipment		168,996
Accumulated Depreciation/Depletion		(17,209	)
Net Property, Plant, and Equipment					151,787
Other Assets (Net of Amortization):
Other (Itemize) — GSOP Merrill Lynch Acct. xxx-37M01		14,929
Investment in Subsidiary		400,253,373
Total Other Assets					400,268,302
TOTAL ASSETS				$	444,567,710
LIABILITIES
Post-petition Liabilities:
Accounts Payable		113,569
Accruals(1)		3,227,667
Taxes Payable		—
Professional fees		—
Accrued Interest Payable		—
Other(2)		11,055,146
Total Post-petition Liabilities					14,396,382
Pre-petition Liabilities / Liabilities Subject to Compromise:
Priority Liabilities		—
Unsecured Liabilities(3)		378,082,503
Total Pre-petition Liabilities					378,082,503
TOTAL LIABILITIES					392,478,885
EQUITY:
Pre-petition Owners’ Equity(4)		(53,776,415	)
Post-petition Profit/(Loss)		95,627,515
Direct Charges to Equity		10,237,725
TOTAL EQUITY					52,088,825
TOTAL LIABILITIES & EQUITY				$	444,567,710

Notes:
(1)	Includes accruals (estimates) by the Debtor for financial statement presentation (GAAP) purposes.
(2)	Includes an accrued post-petition intercompany payable to Fremont Reorganizing Corporation of $10.6 million.
(3)	Includes the accruals (estimates) recorded by the Debtor for financial statement presentation (GAAP) purposes, including an accrual for litigation settlements totaling $36.2 million related to the following matters and related proofs of claim: The Bank of New York v. Fremont General Corporation; Enron Creditors Recovery Corp., et al. v. J.P. Morgan Securities, et al.; California Insurance Commissioner v. Rampino, et al.; and California Insurance Commissioner v. Fremont General Corporation, et al. These litigation settlements were approved, pursuant to Federal Rule of Bankruptcy Procedure 9019, by the Bankruptcy Court in 2009, and each settlement resulted in deemed allowed general unsecured claims against the Debtor’s bankruptcy estate in varying amounts.
(4)	Reflects the changes in the Pre-petition Liabilities/Liabilities Subject to Compromise, as further described in footnote 3 above.

X Page 13 of 14

XI. QUESTIONNAIRE

		No	Yes
1.	Has the debtor-in-possession made any payments on its pre-petition unsecured debt, except as have been authorized by the court? If “Yes”, explain below:	þ	o
		No	Yes
2.	Has the debtor-in-possession during this reporting period provided compensation or remuneration to any officers, directors, principals, or other insiders without appropriate authorization? If “Yes”, explain below:	þ	o
3.	State what progress was made during the reporting period toward filing a plan of reorganization.
	During the reporting period, the Bankruptcy Court held a hearing to consider the adequacy of the chapter 11 plan and disclosure statement filed by New World Acquisition, LLC (“New World”) [see generally Docket Nos. 1188-1193], after which hearing New World’s disclosure statement was approved. Subsequently, the Official Committee of Equity Holders (the “Equity Committee”) filed an “emergency” motion to set a hearing on a disclosure statement and plan related to a “compromise” reached with certain creditors [see Docket Nos. 1219-1220 & 1223-1225]. Following a lengthy hearing on November 17, 2009, the Bankruptcy Court reset the schedule for the plan process in this case, including by setting a hearing regarding the Equity Committee’s new disclosure statement, as well as any other disclosure statements that may be timely filed, for January 8, 2010.
4.	Describe potential future developments which may have a significant impact on the case:
	By December 3, 2009, six (6) groups of plan proponents — including both official committees, New World, Signature Group Holdings LLC, and Ranch Capital, LLC — had filed chapter 11 plans and disclosure statements [see, e.g., Docket Nos. 1278-1283 & 1285-1288]. As noted, an omnibus hearing on these disclosure statements will occur on January 8, 2010, after which the Debtor anticipates that solicitation will begin regarding some or all of the six (6) filed plans.
5.	Attach copies of all Orders granting relief from the automatic stay that were entered during the reporting period.
	None.
		No	Yes
6.	Did you receive any exempt income this month, which is not set forth in the operating report? If “Yes”, please set forth the amounts and sources of the income below.	þ	o
I,	Thea Stuedli, Chief Financial Officer of Fremont General Corporation declare under penalty of perjury that I have fully read and understood the foregoing debtor-in-possession operating report and that the information contained herein is true and complete to the best of my knowledge.

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