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BUSINESS AND OPERATIONS
6 Months Ended
Jun. 30, 2011
BUSINESS AND OPERATIONS [Abstract]  
BUSINESS AND OPERATIONS
NOTE 1 - BUSINESS AND OPERATIONS

Signature Group Holdings, Inc. (“Signature” or the “Company”), formerly known as Fremont General Corporation (“Fremont”), is a diversified business and financial services enterprise that intends to generate strong, risk-adjusted return on equity while protecting shareholder capital.  Signature presently operates in two primary business lines: (i) Special Situation Lending and (ii) Strategic Acquisitions, through its subsidiaries, Signature Credit Partners, Inc. and Cosmed, Inc. (“Cosmed”).  Additionally, Signature maintains and is managing certain assets and liabilities related to Fremont's former businesses, which include a portfolio of subprime residential real estate mortgages, residential real estate, commercial real estate investments and litigation claims under fidelity insurance bonds Fremont held (“Legacy Assets”).  The Legacy Assets are being managed to maximize cash recoveries and value for Signature's shareholders and are expected to be redeployed into its long term business strategy over time.