OMB Number 3235-0145
United States
Securities and Exchange Commission
Washington DC 20549
Schedule 13D/A Amendment No. 4
Under the Securities and Exchange Act of 1934
Fremont General Corporation
Name of Issuer
common stock
Title of Class of Securities
CUSIP Number 357288109
Howard Amster, 23811 Chagrin Blvd., Suite 200
Beachwood, Ohio 44122-5525, 216 595-1047
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
March 13, 2008
(Date of Event which Requires Filing of this Statement)
If this filing person has previously filed a statement on Schedule 13G to
report the acquisition that is the subject of this Schedule 13D, and is
filing this schedule because of 240.13d-1(e) (f) or (g), check the
following box / /.
Note: Scheduled filed in paper format shall include a signed
original and five copies of the schedule including all exhibits.
See 240.13D-7 for other parties to who copies are to be sent.
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject to the
subject class of securities, and for any subsequent amendment containing
information which would alter disclosures provided in a prior cover page.
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 (however see the Notes).
1 Name of Reporting Person Howard Amster
2 If a member group a) / /
b) /X/
3 SEC Use only
4 Source of Funds PF
5 Check if Disclosure
6 Citizenship U.S.A.
Number of Shares 7 Sole Voting 289,653
Beneficially
Owned By Each 8 Shared Voting 3,515,197
Reporting Person
With 9 Sole Dispositive 289,653
10 Shared Dispositive 3,515,197
11 Aggregate Amount Beneficially owned 2,154,422
12 Check if Aggregate Amount (11) Excludes Certain Shares
13 Percent of Class Represented by amount in row (11) 2.71 %
14 Type of Reporting Person IN
1 Name of Reporting Person Amster Trading Company
2 If a member group a) / /
b) /X/
3 SEC Use only
4 Source of Funds WC
5 Check if Disclosure
6 Citizenship USA
Number of Shares 7 Sole Voting
Beneficially
Owned By Each 8 Shared Voting 3,515,197
Reporting Person
With 9 Sole Dispositive
10 Shared Dispositive 3,515,197
11 Aggregate Amount Beneficially owned 1,864,769
12 Check if Aggregate Amount (11) Excludes Certain Shares
13 Percent of Class Represented by amount in row (11) 2.34 %
14 Type of Reporting Person CO
1 Name of Reporting Person Amster Trading Company
Charitable Remainder Unitrusts
2 If a member group a) / /
b) /X/
3 SEC Use only
4 Source of Funds AF
5 Check if Disclosure
6 Citizenship
Number of Shares 7 Sole Voting
Beneficially
Owned By Each 8 Shared Voting 1,650,428
Reporting Person
With 9 Sole Dispositive
10 Shared Dispositive 1,650,428
11 Aggregate Amount Beneficially owned 1,650,428
12 Check if Aggregate Amount (11) Excludes Certain Shares
13 Percent of Class Represented by amount in row (11) 2.07 %
14 Type of Reporting Person OO
1 Name of Reporting Person Tamra F. Gould
2 If a member group a) / /
c) /X/
3 SEC Use only
4 Source of Funds PF
5 Check if Disclosure
6 Citizenship U.S.A.
Number of Shares 7 Sole Voting 65,500
Beneficially
Owned By Each 8 Shared Voting 96,100
Reporting Person
With 9 Sole Dispositive 65,500
10 Shared Dispositive 96,100
11 Aggregate Amount Beneficially owned 161,600
12 Check if Aggregate Amount (11) Excludes Certain Shares
13 Percent of Class Represented by amount in row (11) 0.2 %
14 Type of Reporting Person IN
1 Name of Reporting Person First Amended and Restated
Declaration of Trust of Tamra F. Gould
2 If a member group a) / /
b) /X/
3 SEC Use only
4 Source of Funds AF
5 Check if Disclosure
6 Citizenship U.S.A.
Number of Shares 7 Sole Voting
Beneficially
Owned By Each 8 Shared Voting 96,100
Reporting Person
With 9 Sole Dispositive
10 Shared Dispositive 96,100
11 Aggregate Amount Beneficially owned 96,100
12 Check if Aggregate Amount (11) Excludes Certain Shares
13 Percent of Class Represented by amount in row (11) 0.12 %
14 Type of Reporting Person OO
There are no changes to the Schedule 13D, as amended except
as set forth in this fourth amendment.
Item 3. Source and Amount of Funds or Other Consideration
Howard Amster, in his personal and individual retirement accounts
purchased an additional 25,000 common shares with personal
funds without borrowing. The total consideration for these
purchases is $ 27,605.
Item 4. Purpose of Transaction
The following member group decreased their holdings and ceased
to be beneficial owners of more than five percent of the common
stock of Fremont General Corporation.
Howard Amster
Amster Trading Company
Amster Trading Company Charitable Remainder Unitrusts
Tamra F. Gould
First Amended and Restated Declaration of Trust of Tamra F. Gould
Item 5. Interest in Securities of the Issuer
The outstanding common shares of the Issuer is 79,630,085 shares
as of October 31, 2007 referenced in the 10-Q for period ending
September 30, 2007.
(a)(b) The aggregate amount owned by this Reporting Group is
3,966,450 shares or 4.98 % of the outstanding shares.
Howard Amster in his name and individual retirement accounts
owns 289,653 shares or 0.37 % of the common outstanding shares.
Amster Trading Company owns 1,864,769 shares or
2.34 % of the common outstanding shares.
Amster Trading Company Charitable Remainder Unitrusts
own 1,650,428 shares or 2.07 % of the common outstanding
shares.
Tamra F. Gould in her individual retirement account
owns 65,500 common shares or
0.08 % of the common outstanding shares.
First Amended and Restated Declaration of Trust of
Tamra F. Gould owns 96,100 or 0.12 % of the common
outstanding shares.
c) Description of Transactions
Executed on a listed stock exchange
or over the counter with Trimark or as shown
with Bear, Stearns Securities Corp. (Bear)
Buys
Identity Date Shares Price
Howard Amster 02/29/08 10,000 1.505 Bear
and various 02/29/08 15,000 .8324 Bear
Individual
Retirement Accounts
Sells
Identity Date Shares Price
Howard Amster 02/27/08 156,800 2.6981 Bear
and various 02/28/08 357,000 2.4685 Bear
Individual 03/12/08 15,000 .6638
Retirement Accounts
Howard M Amster 03/03/08 81,100 .7404
2005 Charitable 03/12/08 10,055
Remainder Unitrust
Howard Amster 03/12/08 95,292 .6638
and Tamra F. Gould
Charitable Remainder
Unitrust
Amster Limited 03/12/08 18,100 .6638
Partnership
Amster Trading 03/12/08 55,317 .6638
Company
Amster Trading 03/12/08 6,236 .6638
Company Charitable 03/13/08 500,000 .6474
Remainder Unitrusts
e) The Member Group ceased to be
beneficial owners of more than five percent of
Fremont General Corporation common stock
on March 13, 2008.
Howard Amster
Amster Trading Company
Amster Trading Company Charitable Remainder Unitrusts
Tamra F. Gould
1st Amended and Restated Declaration of Tamra F. Gould
Signature After reasonable inquiry and to the best of our knowledge
and belief, we certify that the information set forth in this
statement is true, complete and correct.
Date: March 13, 2008
/s/
Howard Amster
/s/
Amster Trading Company
By: Howard Amster
Title: President
/s/
Amster Trading Company Charitable Remainder Unitrusts
By: Howard Amster
Title: Trustee
/s/
Tamra F. Gould
/s/
First Amended and Restated Declaration
of Trust of Tamra F. Gould
By: Tamra F. Gould
Title: Trustee