Several of Great Western Financial Corp.'s directors and senior executives sold significant blocks of stock in the company just weeks-in some cases just one business day-before H.F. Ahmanson & Co. made its hostile offer.

According to public filings compiled by CDA/Investnet, James F. Montgomery, Great Western's chairman, disposed of more than 110,000 shares in the three weeks before Ahmanson's offer on Feb. 17.

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