The Los Angeles City Council has registered its opposition to H.F. Ahmanson & Co.'s proposed acquisition of Great Western Financial Corp., citing the "expected loss of over 3,000 jobs" if the merger goes through.

The 15-member council sent a resolution last week to the Office of Thrift Supervision opposing Ahmanson's hostile offer. The comment period on Ahmanson's merger application ends today. Once it deems the application complete, the OTS has up to 60 days to rule on it.

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